Westlake, TX Housing Market & Real Estate

Buyer's market+24.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Westlake, TX is $2.40M, up 24.8% year-over-year. Homes sell in an average of 200 days with 36 active listings. The market is currently a buyer's market.

$2.40Mmedian sale price

Homes sold

1

Last 12 weeks

Days on market

200

Average pace

Active listings

36

36.0 months supply

Sale-to-list

92.7%

Below asking

Westlake, TX market data

Current housing market statistics for Westlake, TX
MetricValue
Median sale price$2.40M
Median list price$4.62M
Year-over-year price change+24.8%
Average days on market200 days
Active inventory36 listings
Months of supply36.0 months
Sale-to-list price ratio92.7%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Westlake housing market is currently classified as a buyer's market with a median sale price of $2.40M. Prices have risen 24.8% compared to last year, with homes spending an average of 200 days on market, indicating 36.0 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 36 homes listed for sale in Westlake, Texas. The median listing price is $4.6M.

Active listings

36

Homes on market

Median list price

$4.6M

Avg. days on market

200

Days until sale

New this week

4

Newly listed

Price drops:19.4%of listings
Sale-to-list:92.7%

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Frequently asked questions

What is the average home price in Westlake?

The median home sale price in Westlake is $2.40M, up 24.8% from last year.

How long do homes stay on market in Westlake?

Homes typically spend 200 days on market before going under contract.

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

With 36.0 months of supply, Westlake is currently a buyer's market.

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