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Featured local agent — Westlake, TX

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Westlake, TX

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Westlake, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Westlake, TX Housing Market & Real Estate

Leaning buyer's+15.5% YoY

Housing market overview · Updated monthly ·

$4.65Mmedian sale price

How is the Westlake, TX housing market right now?

The median home sale price in Westlake, TX is $4.65M, up 15.5% year-over-year. Homes sell in an average of 49 days with 32 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 a buyer's or seller's market?

Leaning buyer's6.4 months of supply49 avg. days on market

Westlake, TX is currently a leaning buyer's, based on 6.4 months of supply and homes selling in about 49 days. How we determine this →

Homes sold

5

Last 12 weeks

Days on market

49

Average pace

Active listings

32

6.4 months supply

Sale-to-list

96.7%

Below asking

What does the Westlake housing market data show?

Current housing market statistics for Westlake, TX
MetricValue
Median sale price$4.65M
Median list price$2.69M
Year-over-year price change+15.5%
Average days on market49 days
Active inventory32 listings
Months of supply6.4 months
Sale-to-list price ratio96.7%
Median price per sq ft$794/sq ft
Homes sold (latest month)5
New listings (latest month)3
Listings with a price cut15.6%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Westlake by property type?

How the Westlake, TX market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Westlake, TX
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$5.42M$957/sq ft464 days
Townhouse$1.59M$585/sq ft142 days

Source: Redfin · Updated monthly

The Westlake housing market is currently classified as a leaning buyer's with a median sale price of $4.65M. Prices have risen 15.5% compared to last year, with homes spending an average of 49 days on market, indicating 6.4 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 12.8x provides context for how home values compare to local earning capacity.

Homes for sale in Westlake

There are currently 32 homes listed for sale in Westlake, Texas. The median listing price is $2.7M.

Active listings

32

Homes on market

Median list price

$2.7M

Avg. days on market

49

Days until sale

New this week

3

Newly listed

Price drops:15.6%of listings
Sale-to-list:96.7%

Who lives in Westlake?

Population

1,543

Median income

$250,001/yr

Median age

46.8 years

Owner-occupied

97.8%

College grads

76.0%

Avg commute

27.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Westlake?

Zillow home value

$3.21M

Price-to-income

12.8x

Source: Zillow Research

What is it like to live in Westlake?

Westlake is a community of approximately 2K residents with a median age of 46.8 years.The median household income is $250,001, which reflects a relatively affluent area with strong earning potential. 76.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 97.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Westlake offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Westlake?

1 schools tracked · 888 students

The largest public schools serving Westlake, TX 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 ACADEMY

Grades K-12 · 888 students

Charter

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, TX?

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 $4.65M, up 15.5% from last year.

How long do homes stay on market in Westlake?

Homes typically spend 49 days on market before going under contract.

What is the median income in Westlake?

The median household income is $250,001 per year.

Is Westlake a buyer's or seller's market?

With 6.4 months of supply, Westlake is currently a leaning buyer's.

What is the Zillow home value estimate for Westlake?

The Zillow Home Value Index (ZHVI) for Westlake is $3.21M, representing the typical home value in the area.

How much does a single-family home cost in Westlake?

The median single-family home price in Westlake, TX is $5.42M (about $957 per square foot).

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