Much like its surrounding areas, it's significantly less expensive compared to the rest of the country. However compared to the city of Fort Wayne, it is a bit more expensive.
Home prices
The median home value in Westwood is $129,100. It is roughly $4,900 (3%) higher compared to its surrounding areas.Compared to the entire nation it is about $88,400 (40%) lower, and compared to the city of Fort Wayne is approximately $14,000 (12%) higher.
Rents
The median monthly rent in Westwood is $903. In comparison to other places in this area it is roughly $85 (10%) higher.In comparison to the rest of the country it is approximately $159 (14%) lower, and is approximately $139 (18%) higher in comparison to the city of Fort Wayne.
Nearby places
Kalamazoo
Kalamazoo is Westwood's neighbor to the southeast. Its housing prices are a little less expensive. The cost of the median home in Kalamazoo is $106,600, which comes out to $22,500 (21%) lower than Westwood. Its rents are somewhat less expensive. The median monthly rent in Kalamazoo is $795, which is $108 (13%) lower than Westwood.
Parchment
Parchment is approximately 3 miles northeast of Westwood. Its real estate prices are a little less expensive. Parchment's median home value is $121,400, which comes out to $7,700 (6%) lower than Westwood. Rents there are a little less expensive. Parchment's median rent is $754 per month, which works out to $149 (19%) lower than Westwood.
Eastwood
Eastwood is about 3 miles east of Westwood. The housing prices there are substantially less expensive. The value of the median home in Eastwood is $81,800, which comes out to $47,300 (57%) lower than Westwood. The rent there is fairly similar. In Eastwood the median monthly rent is $895, which is very similar to Westwood.
Comstock Northwest
Comstock Northwest is approximately 4 miles east of Westwood. Its real estate prices are a bit more expensive. The value of the median home in Comstock Northwest is $146,900, which comes out to $17,800 (12%) higher than Westwood. Its rents are somewhat less expensive. In Comstock Northwest the median rent is $805 per month, which works out to $98 (12%) lower than Westwood.
Portage
Portage is approximately 6 miles south from Westwood. Its real estate prices are somewhat more expensive. The median home in Portage is valued at $164,300, which is $35,200 (21%) higher than Westwood. Rent there is somewhat less expensive. The median rent in Portage is $839 a month, which comes out to $64 (7%) lower than Westwood.