The housing in 48186 Westland, MI is slightly above the US median value of $338,100 at $173,100. This is a reflection of the positive growth rate for housing over the past year in Westland, with an appreciation rate of 8.47%, slightly higher than the national average of 8.27%. As such, it's clear that housing prices are on the rise across much of Michigan, making now an ideal time to invest in or purchase new property in Westland or its surrounding areas.
The median home cost in Westland (zip 48186) is $173,100. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Westland (zip 48186) is up 13.1%.
Average Age of Homes
- The median age of Westland (zip 48186) real estate is 54 years old
The Rental Market in Westland (zip 48186)
- Renters make up 28.7% of the Westland (zip 48186) population
- 1.3% of houses and apartments in Westland (zip 48186), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.