Westwood Lake Home Prices & Values

$244,500 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 10.9% 1-year change
  • 3.5% 1-year forecast

The median home value in Westwood Lake is $244,500. Westwood Lake home values have gone up 10.9% over the past year and Zillow predicts they will rise 3.5% within the next year. The median list price per square foot in Westwood Lake is $171, which is higher than the Miami-Fort Lauderdale Metro average of $159. The median price of homes currently listed in Westwood Lake is $257,000 while the median price of homes that sold is $198,462. The median rent price in Westwood Lake is $2,250, which is higher than the Miami-Fort Lauderdale Metro median of $1,800.

Relative ZHVI
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Westwood Lake Market Overview

Data through Aug 31, 2014
  • $244,500 ZHVI
  • 3.5% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $257,000 Median listing price
  • No recent data Median sale price
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Westwood Lake Market Health

Data through Aug 31, 2014
  • 6.7/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Sunset $311,700 Olympia Heights $295,100 Westchester $273,600
University Park $262,700 Tamiami $256,900 Kendall $247,200
Sweetwater $168,600 Kendale Lakes $163,400 Fountainbleau $137,200

Listings & Sales

Data through Aug 31, 2014
  • $171 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 20.3% Listings with price cut
24.6%
Sold below listing
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Westwood Lake Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,050 Westwood Lake
$1,769 Miami-Fort Lauderdale Metro
$1,328 United States
  • 1.2 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $2,250 Rent list price
  • $1.40 Rent list price / sq ft
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