Housing Prices in Westlake, TX
How much do homes in Westlake, TX cost?
Median List Price
$3,500,000
$672/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Westlake has increased by 3.7% since last year.
Summary: The median home list price in Westlake was $3,500,000 in March 2024, up 3.7% from the previous year, and the median price per square foot was $672.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.3M | $2.7M | +107.2% |
| 4 Bedrooms | $2.8M | $3.1M | +9.3% |
| 5+ Bedrooms | $4.2M | $4.4M | +5.3% |
Summary: Westlake housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 107.2%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 5.3%.
Median List Price Compared To Nearby Cities
| Roanoke | $575K | $632.6K | +10.0% |
| Keller | $599.9K | $649.9K | +8.3% |
| Southlake | $1.2M | $1.3M | +7.9% |
| Trophy Club | $694.9K | $725K | +4.3% |
| Westlake | $3.3M | $3.5M | +3.7% |
Housing Supply in Westlake, TX
How many homes are available in Westlake, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 25 | +31.6% |
Summary: The Westlake real estate market had 25 homes for sale in March 2024, a 31.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The Westlake housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Days on Market for Westlake, TX
How long does it take to sell a home in Westlake, TX?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 131 Days | 126 Days | -3.8% |
Summary: Homes in Westlake had an average listing age of 126 days in Mar 2024, down by 3.8% compared to the previous year.
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