48186, Westland, MI

Westland, Michigan is located in the 48186 zip code. The median home value in this zip code is $137,000. The home equity in this zip code is $87,000. The average home price has increased by 10% over the past year. Over the past five years, the home equity has increased by 21%.

The main factors that have contributed to the increase in home values are low interest rates and strong economic conditions. Low interest rates make it more affordable for people to borrow money to buy a house, and strong economic conditions mean that there are more people who can afford to buy a house.

Another factor that has contributed to the increase in home values is the availability of homes for sale. There are more houses available for sale than there were five years ago, which means that there are more people who can buy a house.