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Westland, MI 48185 Real Estate & Property Data

Westland, MI 48185 Real Estate Market Trends

Last Updated: April 28, 2024

A total of 586 residential properties have been sold over the past 12 months in 48185. With a median sales price of $230,000 in 48185 and a total of 7 foreclosures in Westland, MI 48185. Discover market trends and get the granular level real estate data for Westland, MI 48185 to keep your pulse on the housing market. Curate compelling home reports for Westland, MI 48185 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Westland, MI 48185 Real Estate Market Trends

Get property data for any address in Westland, MI 48185 or the country:

Total Residential Properties 14,051

Total Commercial Properties 895

Avg. Home Age (Single Family Home) 59 Years

Avg. Square Feet (Single Family Home) 1,243

Total 2024 Residential Sales (year-to-date) 74

% of Homes Seriously Underwater (Q2 2024) 0.34%

Total 2023 Residential Sales 565

% of Equity Rich Homes (Q2 2024) 33.54%

Effective 2023 Property Tax 1.22%

Total Foreclosure Filings (year-to-date) 11

Westland, MI 48185 Real Estate Overview

There were 586 residential properties sold in the past year in Westland, MI 48185. The median home value in Westland, MI 48185 is $204,766. There are a total of 14,051 residential properties in the 48185.

Median Sales Price i

$230,000

(Feb 2024)

+13.9%

year-over-year

y-o-y

February '24 Feb '24 $230,000
January '24 Jan '24 $207,000
December '23 Dec '23 $235,000
November '23 Nov '23 $207,000
October '23 Oct '23 $220,000
September '23 Sep '23 $225,000
August '23 Aug '23 $225,000
July '23 Jul '23 $228,500
June '23 Jun '23 $240,000
May '23 May '23 $194,500
April '23 Apr '23 $209,000
March '23 Mar '23 $220,000

Median Down Payment i

$8,100

(Feb 2024)

+38.5%

year-over-year

y-o-y

February '24 Feb '24 $8,100
January '24 Jan '24 $23,725
December '23 Dec '23 $17,835
November '23 Nov '23 $13,929
October '23 Oct '23 $21,400
September '23 Sep '23 $10,100
August '23 Aug '23 $42,750
July '23 Jul '23 $11,400
June '23 Jun '23 $12,000
May '23 May '23 $14,675
April '23 Apr '23 $7,700
March '23 Mar '23 $7,452

Number of Homes Sold i

32

(Feb 2024)

-17.9%

year-over-year

y-o-y

February '24 Feb '24 32
January '24 Jan '24 42
December '23 Dec '23 27
November '23 Nov '23 42
October '23 Oct '23 41
September '23 Sep '23 45
August '23 Aug '23 60
July '23 Jul '23 56
June '23 Jun '23 57
May '23 May '23 54
April '23 Apr '23 46
March '23 Mar '23 45

Number of Purchase Loans i

13

(Feb 2024)

-43.5%

year-over-year

y-o-y

February '24 Feb '24 13
January '24 Jan '24 31
December '23 Dec '23 21
November '23 Nov '23 28
October '23 Oct '23 26
September '23 Sep '23 29
August '23 Aug '23 42
July '23 Jul '23 32
June '23 Jun '23 43
May '23 May '23 39
April '23 Apr '23 32
March '23 Mar '23 43

Number of REFI Loans i

29

(Feb 2024)

+45%

year-over-year

y-o-y

February '24 Feb '24 29
January '24 Jan '24 26
December '23 Dec '23 16
November '23 Nov '23 33
October '23 Oct '23 36
September '23 Sep '23 41
August '23 Aug '23 23
July '23 Jul '23 34
June '23 Jun '23 27
May '23 May '23 34
April '23 Apr '23 25
March '23 Mar '23 24

Number of HELOC Loans i

6

(Feb 2024)

-50%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 7
December '23 Dec '23 10
November '23 Nov '23 11
October '23 Oct '23 11
September '23 Sep '23 12
August '23 Aug '23 15
July '23 Jul '23 16
June '23 Jun '23 10
May '23 May '23 8
April '23 Apr '23 12
March '23 Mar '23 8

Westland, MI 48185 Real Estate Market Overview

Last 30 days

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Westland, MI 48185 Foreclosure Activity

There were a total of 7 Westland, MI 48185 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

7

(Feb 2024)

+40%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 4
December '23 Dec '23 4
November '23 Nov '23 9
October '23 Oct '23 6
September '23 Sep '23 5
August '23 Aug '23 8
July '23 Jul '23 4
June '23 Jun '23 2
May '23 May '23 9
April '23 Apr '23 3
March '23 Mar '23 5

Foreclosure Starts i

7

(Feb 2024)

+40%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 4
December '23 Dec '23 4
November '23 Nov '23 9
October '23 Oct '23 6
September '23 Sep '23 5
August '23 Aug '23 8
July '23 Jul '23 4
June '23 Jun '23 2
May '23 May '23 9
April '23 Apr '23 3
March '23 Mar '23 5

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 2
November '23 Nov '23 N/A
October '23 Oct '23 2
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 3
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Nearby Zip Codes

1. 48186

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