Brokers — List your Company Here
Featured local agent — Lakeway, TX
Sarah Mitchell
Compass Real Estate · Lakeway, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Lakeway, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$894,000median sale price
How is the Lakeway, TX housing market right now?
The median home sale price in Lakeway, TX is $894,000, up 8.6% year-over-year. Homes sell in an average of 59 days with 269 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 Lakeway a buyer's or seller's market?
Lakeway, TX is currently a buyer's market, based on 5.4 months of supply and homes selling in about 59 days. How we determine this →
Homes sold
50
Last 12 weeks
Days on market
59
Average pace
Active listings
269
5.4 months supply
Sale-to-list
97.3%
Below asking
What does the Lakeway housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $894,000 |
| Median list price | $912,450 |
| Year-over-year price change | +8.6% |
| Average days on market | 59 days |
| Active inventory | 269 listings |
| Months of supply | 5.4 months |
| Sale-to-list price ratio | 97.3% |
| Median price per sq ft | $297/sq ft |
| Homes sold (latest month) | 50 |
| New listings (latest month) | 86 |
| Listings with a price cut | 30.1% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Lakeway by property type?
How the Lakeway, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $899,000 | $295/sq ft | 47 | 65 days |
| Condo / Co-op | $812,500 | $401/sq ft | 3 | 35 days |
| Townhouse | $575,000 | $382/sq ft | 1 | 101 days |
Source: Redfin · Updated monthly
The Lakeway housing market is currently classified as a buyer's market with a median sale price of $894,000. Prices have risen 8.6% compared to last year, with homes spending an average of 59 days on market, indicating 5.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.
Homes for sale in Lakeway
There are currently 269 homes listed for sale in Lakeway, Texas. The median listing price is $912K.
Active listings
269
Homes on market
Median list price
$912K
Avg. days on market
59
Days until sale
New this week
86
Newly listed
Who lives in Lakeway?
Population
19,130
Median income
$164,978/yr
Median age
50.3 years
Owner-occupied
85.7%
College grads
73.7%
Avg commute
27.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Lakeway?
Zillow home value
$750,437
Zillow rent index
$2,783/mo
Price-to-rent ratio
22.5x
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Lakeway?
Lakeway is a community of approximately 19K residents with a median age of 50.3 years.The median household income is $164,978, which reflects a relatively affluent area with strong earning potential. 73.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 85.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lakeway offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lakeway, TX?
Want a head-to-head view? Compare Lakeway side-by-side with any other U.S. city using our market-comparison tool.
Is Lakeway a good real estate investment market?
For investors evaluating Lakeway, the price-to-rent ratio of 22.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.6% 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 Lakeway's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lakeway's median home price.
Frequently asked questions
What is the average home price in Lakeway?
The median home sale price in Lakeway is $894,000, up 8.6% from last year.
How long do homes stay on market in Lakeway?
Homes typically spend 59 days on market before going under contract.
What is the median income in Lakeway?
The median household income is $164,978 per year.
Is Lakeway a buyer's or seller's market?
With 5.4 months of supply, Lakeway is currently a buyer's market.
What is the Zillow home value estimate for Lakeway?
The Zillow Home Value Index (ZHVI) for Lakeway is $750,437, representing the typical home value in the area.
What is the median condo price in Lakeway?
The median condo/co-op sale price in Lakeway, TX is $812,500, compared to $899,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lakeway?
The median single-family home price in Lakeway, TX is $899,000 (about $295 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Lakeway, TX
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Lakeway market alerts
Weekly updates on prices, inventory, and trends. Free forever.