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Featured local agent — Northlake, TX
Sarah Mitchell
Compass Real Estate · Northlake, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Northlake, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$575,000median sale price
How is the Northlake, TX housing market right now?
The median home sale price in Northlake, TX is $575,000, up 12.8% year-over-year. Homes sell in an average of 95 days with 158 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 Northlake a buyer's or seller's market?
Northlake, TX is currently a buyer's market, based on 6.3 months of supply and homes selling in about 95 days. How we determine this →
Homes sold
25
Last 12 weeks
Days on market
95
Average pace
Active listings
158
6.3 months supply
Sale-to-list
98.6%
Below asking
What does the Northlake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $575,000 |
| Median list price | $548,306 |
| Year-over-year price change | +12.8% |
| Average days on market | 95 days |
| Active inventory | 158 listings |
| Months of supply | 6.3 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $214/sq ft |
| Homes sold (latest month) | 25 |
| New listings (latest month) | 44 |
| Listings with a price cut | 49.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Northlake by property type?
How the Northlake, 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 | $575,000 | $214/sq ft | 25 | 95 days |
| Townhouse | $379,495 | $194/sq ft | 4 | 102 days |
Source: Redfin · Updated monthly
The Northlake housing market is currently classified as a buyer's market with a median sale price of $575,000. Prices have risen 12.8% compared to last year, with homes spending an average of 95 days on market, indicating 6.3 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 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in Northlake
There are currently 158 homes listed for sale in Northlake, Texas. The median listing price is $548K.
Active listings
158
Homes on market
Median list price
$548K
Avg. days on market
95
Days until sale
New this week
44
Newly listed
Who lives in Northlake?
Population
7,138
Median income
$119,803/yr
Median age
28.4 years
Owner-occupied
55.5%
College grads
49.0%
Avg commute
29 min
Source: U.S. Census Bureau ACS
What are homes worth in Northlake?
Zillow home value
$497,034
Zillow rent index
$1,970/mo
Price-to-rent ratio
21.0x
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Northlake?
Northlake is a community of approximately 7K residents with a median age of 28.4 years.The median household income is $119,803, which reflects a relatively affluent area with strong earning potential. 49.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 55.5%, showing a blend of owner and renter-occupied properties. The average commute time is 29 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Northlake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Northlake, TX?
Want a head-to-head view? Compare Northlake side-by-side with any other U.S. city using our market-comparison tool.
Is Northlake a good real estate investment market?
For investors evaluating Northlake, the price-to-rent ratio of 21.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 12.8% 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 Northlake's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Northlake's median home price.
Frequently asked questions
What is the average home price in Northlake?
The median home sale price in Northlake is $575,000, up 12.8% from last year.
How long do homes stay on market in Northlake?
Homes typically spend 95 days on market before going under contract.
What is the median income in Northlake?
The median household income is $119,803 per year.
Is Northlake a buyer's or seller's market?
With 6.3 months of supply, Northlake is currently a buyer's market.
What is the Zillow home value estimate for Northlake?
The Zillow Home Value Index (ZHVI) for Northlake is $497,034, representing the typical home value in the area.
How much does a single-family home cost in Northlake?
The median single-family home price in Northlake, TX is $575,000 (about $214 per square foot).
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