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Featured local agent — Westlake, FL
Sarah Mitchell
Compass Real Estate · Westlake, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Westlake, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$593,671median sale price
How is the Westlake, FL housing market right now?
The median home sale price in Westlake, FL is $593,671, down 2.7% year-over-year. Homes sell in an average of 136 days with 107 active listings. The market is currently a buyer's market. (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 a buyer's or seller's market?
Westlake, FL is currently a buyer's market, based on 7.1 months of supply and homes selling in about 136 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
136
Average pace
Active listings
107
7.1 months supply
Sale-to-list
98.3%
Below asking
What does the Westlake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $593,671 |
| Median list price | $729,998 |
| Year-over-year price change | -2.7% |
| Average days on market | 136 days |
| Active inventory | 107 listings |
| Months of supply | 7.1 months |
| Sale-to-list price ratio | 98.3% |
| Median price per sq ft | $279/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 25 |
| Listings with a price cut | 21.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Westlake by property type?
How the Westlake, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $593,671 | $279/sq ft | 15 | 136 days |
| Townhouse | $450,500 | $268/sq ft | 1 | 73 days |
Source: Redfin · Updated monthly
The Westlake housing market is currently classified as a buyer's market with a median sale price of $593,671. Prices have fallen 2.7% compared to last year, with homes spending an average of 136 days on market, indicating 7.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Westlake
There are currently 107 homes listed for sale in Westlake, Florida. The median listing price is $730K.
Active listings
107
Homes on market
Median list price
$730K
Avg. days on market
136
Days until sale
New this week
25
Newly listed
Who lives in Westlake?
Population
2,876
Median income
$140,000/yr
Median age
38.7 years
Owner-occupied
98.4%
College grads
54.2%
Avg commute
52.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Westlake?
Westlake is a community of approximately 3K residents with a median age of 38.7 years.The median household income is $140,000, which reflects a relatively affluent area with strong earning potential. 54.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 98.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 52.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Westlake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Westlake, FL?
Want a head-to-head view? Compare Westlake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Westlake?
The median home sale price in Westlake is $593,671, down 2.7% from last year.
How long do homes stay on market in Westlake?
Homes typically spend 136 days on market before going under contract.
What is the median income in Westlake?
The median household income is $140,000 per year.
Is Westlake a buyer's or seller's market?
With 7.1 months of supply, Westlake is currently a buyer's market.
How much does a single-family home cost in Westlake?
The median single-family home price in Westlake, FL is $593,671 (about $279 per square foot).
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