Westland, MI 48186 Real Estate & Property Data

Westland, MI 48186 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 561 residential properties have been sold over the past 12 months in 48186. With a median sales price of $196,000 in 48186 and a total of 3 foreclosures in Westland, MI 48186. Discover market trends and get the granular level real estate data for Westland, MI 48186 to keep your pulse on the housing market. Curate compelling home reports for Westland, MI 48186 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Westland, MI 48186 Real Estate Market Trends
Total Residential Properties 12,278
Total Commercial Properties 376
Avg. Home Age (Single Family Home) 61 Years
Avg. Square Feet (Single Family Home) 1,161
Total 2024 Residential Sales (year-to-date) 91
% of Homes Seriously Underwater (Q2 2024) 0.58%
Total 2023 Residential Sales 525
% of Equity Rich Homes (Q2 2024) 33.79%
Effective 2023 Property Tax 1.24%
Total Foreclosure Filings (year-to-date) 9
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Westland, MI 48186 Real Estate Overview

There were 561 residential properties sold in the past year in Westland, MI 48186. The median home value in Westland, MI 48186 is $183,260. There are a total of 12,278 residential properties in the 48186.

Median Sales Price i
$196,000
(Feb 2024)
+10.1%
year-over-year
y-o-y
  • February '24 Feb '24 $196,000
  • January '24 Jan '24 $201,500
  • December '23 Dec '23 $174,900
  • November '23 Nov '23 $172,450
  • October '23 Oct '23 $211,000
  • September '23 Sep '23 $200,000
  • August '23 Aug '23 $209,500
  • July '23 Jul '23 $211,000
  • June '23 Jun '23 $200,000
  • May '23 May '23 $192,000
  • April '23 Apr '23 $159,900
  • March '23 Mar '23 $176,500
Median Down Payment i
$8,381
(Feb 2024)
-65.5%
year-over-year
y-o-y
  • February '24 Feb '24 $8,381
  • January '24 Jan '24 $6,712
  • December '23 Dec '23 $7,965
  • November '23 Nov '23 $12,250
  • October '23 Oct '23 $7,500
  • September '23 Sep '23 $5,655
  • August '23 Aug '23 $12,500
  • July '23 Jul '23 $11,760
  • June '23 Jun '23 $10,150
  • May '23 May '23 $14,600
  • April '23 Apr '23 $6,225
  • March '23 Mar '23 $12,975
Number of Homes Sold i
30
(Feb 2024)
-23.1%
year-over-year
y-o-y
  • February '24 Feb '24 30
  • January '24 Jan '24 61
  • December '23 Dec '23 28
  • November '23 Nov '23 46
  • October '23 Oct '23 37
  • September '23 Sep '23 47
  • August '23 Aug '23 53
  • July '23 Jul '23 41
  • June '23 Jun '23 52
  • May '23 May '23 44
  • April '23 Apr '23 36
  • March '23 Mar '23 47
Number of Purchase Loans i
25
(Feb 2024)
+38.9%
year-over-year
y-o-y
  • February '24 Feb '24 25
  • January '24 Jan '24 37
  • December '23 Dec '23 18
  • November '23 Nov '23 22
  • October '23 Oct '23 28
  • September '23 Sep '23 23
  • August '23 Aug '23 35
  • July '23 Jul '23 26
  • June '23 Jun '23 32
  • May '23 May '23 32
  • April '23 Apr '23 21
  • March '23 Mar '23 33
Number of REFI Loans i
27
(Feb 2024)
+35%
year-over-year
y-o-y
  • February '24 Feb '24 27
  • January '24 Jan '24 31
  • December '23 Dec '23 14
  • November '23 Nov '23 20
  • October '23 Oct '23 33
  • September '23 Sep '23 35
  • August '23 Aug '23 47
  • July '23 Jul '23 37
  • June '23 Jun '23 38
  • May '23 May '23 29
  • April '23 Apr '23 29
  • March '23 Mar '23 20
Number of HELOC Loans i
5
(Feb 2024)
-44.4%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 8
  • December '23 Dec '23 6
  • November '23 Nov '23 3
  • October '23 Oct '23 5
  • September '23 Sep '23 7
  • August '23 Aug '23 6
  • July '23 Jul '23 11
  • June '23 Jun '23 9
  • May '23 May '23 10
  • April '23 Apr '23 5
  • March '23 Mar '23 10

Westland, MI 48186 Foreclosure Activity

There were a total of 3 Westland, MI 48186 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 6
  • December '23 Dec '23 6
  • November '23 Nov '23 3
  • October '23 Oct '23 6
  • September '23 Sep '23 3
  • August '23 Aug '23 6
  • July '23 Jul '23 3
  • June '23 Jun '23 3
  • May '23 May '23 4
  • April '23 Apr '23 7
  • March '23 Mar '23 7
Foreclosure Starts i
3
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 6
  • December '23 Dec '23 6
  • November '23 Nov '23 3
  • October '23 Oct '23 6
  • September '23 Sep '23 3
  • August '23 Aug '23 6
  • July '23 Jul '23 3
  • June '23 Jun '23 3
  • May '23 May '23 4
  • April '23 Apr '23 7
  • March '23 Mar '23 7
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 2
  • July '23 Jul '23 4
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 2
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