Housing in 48894 Westphalia, MI is in a strong position with the median value at $275,300. This is significantly lower than the US house median value of $338,100 and shows that Westphalia still has housing opportunities available for first-time buyers and those looking to move to the area. The 1 year house appreciation rate for the US is 8.27%, while in Westphalia it stands at 8.98%. This strong growth rate means that housing prices have been steadily increasing over the last 12 months and are likely to continue on this trend going forward.
The median home cost in Westphalia (zip 48894) is $275,300. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Westphalia (zip 48894) is up 12.2%.
Average Age of Homes
- The median age of Westphalia (zip 48894) real estate is 46 years old
The Rental Market in Westphalia (zip 48894)
- Renters make up 12.8% of the Westphalia (zip 48894) population
- 0.0% of houses and apartments in Westphalia (zip 48894), 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.