Westphalia, MI—48894
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Westphalia, MI
As of Oct '25, the median home price in Westphalia, MI is $327,000, with a year-over-year change of 6.4%. This indicates that home prices in Westphalia, MI are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $327,000 | 6.4% |
| Single Family | $324,000 | 5.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $317,000 | 4.6% |
4 Bed | $342,000 | 7.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Westphalia, MI
Westphalia, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $750 | $750 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Westphalia, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Westphalia, MI is 5. This is a increase of 84.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $495,000 | 0.0% |
Listing Count | 1 | 0.0% |
| Listings as % of Homes | N/A | 0.0% |
Days on Market | 5 | 84.0% |
Demographics — Westphalia, MI
As of the latest ACS Survey released in 2023, Westphalia, MI has a population of 2,270, which has increased by 19.9% over the past 5 years. Westphalia, MI is a popular place for families, as children make up 26.2% of the population. The area has a moderately educated workforce, with 34.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,270 | 19.9% |
% Under 18 | 26.2% | -17.1% |
% Seniors | 17.9% | -9.1% |
% WFH | 20.0% | 1,328.6% |
% w/ College Degree | 34.7% | 47.0% |
As of the latest ACS Survey released in 2023, Westphalia, MI is a predominantly white area, with 96.9% of the population identifying as white. The white population has grown by 3.4% in the last 5 years. The second most common race or ethnicity in Westphalia, MI is hispanic, making up 0.9% of the population. Foreign-born residents account for 0.0% of the population in Westphalia, MI, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.9% | 3.4% |
% Black | 0.0% | N/A |
% Hispanic | 0.9% | -83.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Westphalia, MI
Westphalia, MI lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Westphalia, MI
Westphalia, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | $250 | $750 | $1,000 |
| 3 Bedroom | N/A | N/A | $1,290 |
| 4 Bedroom | N/A | N/A | $1,520 |
Affordability — Westphalia, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $327,000 |
| Median Household Income | $110,000 |