There are currently 10,241 real estate properties in Westlake Village, CA, with a median automated valuation model (AVM) price of $1,154,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Westlake Village, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Westlake Village, CA, is $1,264,161.00, with the most expensive house in Westlake Village, CA, topping out at $61,934,400.00 and the cheapest home in Westlake Village, CA, clocking in at $281,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Westlake Village, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Westlake Village, CA, is on a rollercoaster ride. The average rent price in Westlake Village, CA, is $4,127.00. Indeed, when looking to rent in Westlake Village, CA, you can expect to pay as little as $1,500.00 or as much as $8,260.00, with the average rent median estimated to be $4,100.00. The good news is that finding an affordable and desirable property to rent in Westlake Village, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Westlake Village, CA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Westlake Village, CA and much more. Save thousands at closing with home foreclosure listings in Westlake Village, CA — up to 75% off market value!
Westlake Village is located in Los Angeles, California, with an estimated municipal population of 8,217 residents. All of the best foreclosed homes for sale in Westlake Village are located in the following zip code areas on Foreclosure.com: 91361 91362. The estimated population per square kilometer (.62 miles) in Westlake Village is 611.
So, about how much do homes cost in Westlake Village? The most recent median value of resident-owned homes in Westlake Village is 957,436. An estimated 83.9 percent of households in Westlake Village own their homes, with an average family size of 2.99. The median household income in Westlake Village is 140,850, with67.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Westlake Village, the median commute time of resident workers (in minutes) is 29.6. And last, but certainly not least, are you looking for homes to rent in Westlake Village? If so, the average rent price paid by renters in Westlake Village is 2,900, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Westlake Village, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Westlake Village is 52, split between 47.2 percent male versus 52.8 female. The percentage of residents who report being married in Westlake Village is 63.4, with an average family size of 2.99.
The percentage of residents who report their race in Westlake Village is as follows:
|Black / African American||1.4%|
|American Indian / Alaskan Native||0.5%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Westlake Village? Or maybe you are searching for 55+ active adult communities in and/or near Westlake Village?
The percentage of residents who report their age in Westlake Village is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Westlake Village with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Westlake Village.
How do you know that living in -- or moving to -- Westlake Village is right where you need to be? Perhaps you grew up in Westlake Village or already live nearby; therefore, the decision to buy a home in Westlake Village is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Westlake Village for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Westlake Village:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Westlake Village.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Westlake Village can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Westlake Village, meanwhile, can field multiple offers from more qualified buyers.