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Featured local agent — Westlake Village, CA
Sarah Mitchell
Compass Real Estate · Westlake Village, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Westlake Village, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.97Mmedian sale price
How is the Westlake Village, CA housing market right now?
The median home sale price in Westlake Village, CA is $1.97M, up 51.1% year-over-year. Homes sell in an average of 38 days with 40 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Westlake Village a buyer's or seller's market?
Westlake Village, CA is currently a leaning buyer's, based on 5.7 months of supply and homes selling in about 38 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
38
Average pace
Active listings
40
5.7 months supply
Sale-to-list
99.6%
Below asking
What does the Westlake Village housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.97M |
| Median list price | $1.70M |
| Year-over-year price change | +51.1% |
| Average days on market | 38 days |
| Active inventory | 40 listings |
| Months of supply | 5.7 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $723/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 14 |
| Listings with a price cut | 27.5% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Westlake Village by property type?
How the Westlake Village, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $2.08M | $776/sq ft | 6 | 36 days |
| Condo / Co-op | $750,000 | $523/sq ft | 3 | 96 days |
| Townhouse | $1.35M | $688/sq ft | 1 | 60 days |
Source: Redfin · Updated monthly
The Westlake Village housing market is currently classified as a leaning buyer's with a median sale price of $1.97M. Prices have risen 51.1% compared to last year, with homes spending an average of 38 days on market, indicating 5.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 9.1x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Westlake Village
There are currently 40 homes listed for sale in Westlake Village, California. The median listing price is $1.7M.
Active listings
40
Homes on market
Median list price
$1.7M
Avg. days on market
38
Days until sale
New this week
14
Newly listed
Who lives in Westlake Village?
Population
7,829
Median income
$174,069/yr
Median age
49.9 years
Owner-occupied
81.9%
College grads
66.4%
Avg commute
25.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Westlake Village?
Zillow home value
$1.59M
Zillow rent index
$4,931/mo
Price-to-rent ratio
26.9x
Price-to-income
9.1x
Source: Zillow Research
What is it like to live in Westlake Village?
Westlake Village is a community of approximately 8K residents with a median age of 49.9 years.The median household income is $174,069, which reflects a relatively affluent area with strong earning potential. 66.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 81.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Westlake Village offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Westlake Village?
5 schools tracked · 3,632 students
The largest public schools serving Westlake Village, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Westlake High
Grades 9-12 · 2,010 students
Westlake Elementary
Grades K-5 · 528 students
Westlake Hills Elementary
Grades K-5 · 410 students
White Oak Elementary
Grades K-5 · 347 students
River Oaks Academy
Grades K-12 · 337 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Westlake Village, CA?
Want a head-to-head view? Compare Westlake Village side-by-side with any other U.S. city using our market-comparison tool.
Is Westlake Village a good real estate investment market?
For investors evaluating Westlake Village, the price-to-rent ratio of 26.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 51.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Westlake Village's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Westlake Village's median home price.
Frequently asked questions
What is the average home price in Westlake Village?
The median home sale price in Westlake Village is $1.97M, up 51.1% from last year.
How long do homes stay on market in Westlake Village?
Homes typically spend 38 days on market before going under contract.
What is the median income in Westlake Village?
The median household income is $174,069 per year.
Is Westlake Village a buyer's or seller's market?
With 5.7 months of supply, Westlake Village is currently a leaning buyer's.
What is the Zillow home value estimate for Westlake Village?
The Zillow Home Value Index (ZHVI) for Westlake Village is $1.59M, representing the typical home value in the area.
What is the median condo price in Westlake Village?
The median condo/co-op sale price in Westlake Village, CA is $750,000, compared to $2.08M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Westlake Village?
The median single-family home price in Westlake Village, CA is $2.08M (about $776 per square foot).
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