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Sarah Mitchell

CNESRESABR

Compass Real Estate · Westwood, MI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Westwood, MI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Westwood, MI Housing Market & Real Estate

Strong seller's market+16.4% YoY

Housing market overview · Updated monthly ·

$258,500median sale price

How is the Westwood, MI housing market right now?

The median home sale price in Westwood, MI is $258,500, up 16.4% year-over-year. Homes sell in an average of 5 days with 17 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Westwood a buyer's or seller's market?

Strong seller's market1.2 months of supply5 avg. days on market

Westwood, MI is currently a strong seller's market, based on 1.2 months of supply and homes selling in about 5 days. How we determine this →

Homes sold

14

Last 12 weeks

Days on market

5

Fast-moving

Active listings

17

1.2 months supply

Sale-to-list

99.9%

Below asking

What does the Westwood housing market data show?

Current housing market statistics for Westwood, MI
MetricValue
Median sale price$258,500
Median list price$249,000
Year-over-year price change+16.4%
Average days on market5 days
Active inventory17 listings
Months of supply1.2 months
Sale-to-list price ratio99.9%
Median price per sq ft$171/sq ft
Homes sold (latest month)14
New listings (latest month)15
Listings with a price cut47.1%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Westwood by property type?

How the Westwood, MI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Westwood, MI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$286,000$186/sq ft74 days
Condo / Co-op$164,000$162/sq ft757 days

Source: Redfin · Updated monthly

The Westwood housing market is currently classified as a strong seller's market with a median sale price of $258,500. Prices have risen 16.4% compared to last year, with homes spending an average of 5 days on market, indicating 1.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Westwood

There are currently 17 homes listed for sale in Westwood, Michigan. The median listing price is $249K.

Active listings

17

Homes on market

Median list price

$249K

Avg. days on market

5

Days until sale

New this week

15

Newly listed

Price drops:47.1%of listings
Sale-to-list:99.9%

Who lives in Westwood?

Population

8,968

Median income

$62,408/yr

Median age

35 years

Owner-occupied

54.2%

College grads

49.4%

Avg commute

19.5 min

Source: U.S. Census Bureau ACS

What is it like to live in Westwood?

Westwood is a community of approximately 9K residents with a median age of 35 years.The median household income is $62,408, which represents a working-class community with solid middle-income opportunities. 49.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 54.2%, showing a blend of owner and renter-occupied properties. The average commute time is 19.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Westwood offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Westwood, MI?

Want a head-to-head view? Compare Westwood side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Westwood?

The median home sale price in Westwood is $258,500, up 16.4% from last year.

How long do homes stay on market in Westwood?

Homes typically spend 5 days on market before going under contract.

What is the median income in Westwood?

The median household income is $62,408 per year.

Is Westwood a buyer's or seller's market?

With 1.2 months of supply, Westwood is currently a strong seller's market.

What is the median condo price in Westwood?

The median condo/co-op sale price in Westwood, MI is $164,000, compared to $286,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Westwood?

The median single-family home price in Westwood, MI is $286,000 (about $186 per square foot).

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