Westmorland—92281
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Westmorland
Westmorland lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Westmorland
As of July '25, Rentcast reports the average rent in Westmorland is $726, with a year-over-year rent change of 32.0%. Per bedroom, the median rent as of July '25 in Westmorland is 1-bedrooms: $726. The most common rental property sizes in Westmorland are 3-bedroom and 2-bedroom, accounting for 42.1% and 32.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $726 | $726 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $726 | $726 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Westmorland
As of Oct '25, Realtor.com reports that the median days on market for a home in Westmorland is 65. This is a increase of 40.0% 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 | $312,000 | 10.0% |
Listing Count | 7 | 200.0% |
| Listings as % of Homes | N/A | 200.0% |
Days on Market | 65 | 40.0% |
Demographics — Westmorland
As of the latest ACS Survey released in 2023, Westmorland has a population of 1,900, which has decreased by -33.4% over the past 5 years. Westmorland is a popular place for families, as children make up 36.0% of the population. The area has a poorly educated workforce, with 9.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,900 | -33.4% |
% Under 18 | 36.0% | -3.0% |
% Seniors | 13.8% | 27.8% |
% WFH | 8.6% | 79.2% |
% w/ College Degree | 9.7% | 24.4% |
As of the latest ACS Survey released in 2023, Westmorland is a predominantly hispanic area, with 91.0% of the population identifying as hispanic. The hispanic population has grown by 10.2% in the last 5 years. The second most common race or ethnicity in Westmorland is white, making up 7.4% of the population. Foreign-born residents account for 33.6% of the population in Westmorland, and this percentage has increased by 35.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 7.4% | -26.0% |
% Black | 1.2% | -65.7% |
% Hispanic | 91.0% | 10.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 33.6% | 35.5% |
Mortgage and Risk — Westmorland
According to HUD data as of 2023, there were 5 mortgage originations in Westmorland, of which 20.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 60.0% above 90% LTV (very high). This implies large mortgage risk in Westmorland. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 5 |
% Conventional Loans | 20.0% |
% Government Loans | 80.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Westmorland
Westmorland lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 96 |
Total Units Section 8 | 37 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $234 | $726 | $960 |
| 2 Bedroom | N/A | N/A | $1,250 |
| 3 Bedroom | N/A | N/A | $1,710 |
| 4 Bedroom | N/A | N/A | $2,090 |
Affordability — Westmorland
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $35,900 |