Home

Westwood, MI Real Estate


According to census data in the year 2000 there were 4,505 housing units in Westwood. This represents a 7% growth from 4,211 in 1990.

Of those housing units, 4,505 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Westwood is about 59.1%. Westwood's vacancy rate, including seasonal lodging, is about 3.7%. Average household size is 2.1 people.

The majority of houses, apartments or condos in Westwood were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom10.30%
Two Bedrooms43.40%
Three Bedrooms34.70%
Four Bedrooms9.30%
Five Bedrooms or more1.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1956
Median Value of occupied units$94,500
Median Price asked for vacant units$92,600

Rented Homes, Apartments and Condos

Average Household Size1.96
Median year structure was built1976
Median Monthly Rent asked for vacant units$511

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.20%
Home Equity Loan10.50%
Simple Mortgage50.40%
Debt Free35.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%