Northlake, TX Housing Market — 409 Homes Sold (September 2025 – September 2026)
Buyers hold the cards: most homes sell under asking and take about 61 days to find a buyer.
Northlake market at a glance
- Homes sold (12 months): 409
- Median sale price: $567,500 (about $3,228/month with 10% down at a 6.5% 30-year rate, principal & interest)
- Median price per square foot: $201
- Median days on market (list to contract): 61; 7.6% went under contract within a week
- Sold over asking: 6.4% · Sold under asking: 79.2%
- Typical home: 4 bed, 2,970 sqft, built 2023, mostly Northwest ISD
- Price range of sales: $299,900 – $2,600,000
- On the market right now: 207 active listings, 35 under contract, 6.1 months of supply, median asking $645,000
- How buyers paid: Conventional 71.9%, FHA 5.9%, VA 7.3%, Cash 13.9%, Other 1%
- Seller contributions: 52.3% of sellers chipped in, typically $12,000
- Contract to close: about 31 days
- Median rent (same home types, 127 closed leases): $3,000/month — owning the median home runs about $3,228/month principal & interest with 10% down
- HOA: 99.5% of sales had a mandatory HOA, typically $188/month
- New construction: 43.8% of sales, median $585,000 vs $546,250 resale
Five-year price history in Northlake
Median sale price by quarter: 2022 Q1: $454,779 · 2023 Q1: $535,000 · 2024 Q1: $559,254 · 2025 Q1: $584,131 · 2026 Q1: $560,000 · 2026 Q3: $582,250.
Median price by elementary school zone
- Johnie Daniel: 183 sales, median $560,000, $197/sqft
- Lance Thompson: 75 sales, median $525,000, $202/sqft
- Jane Ruestmann: 51 sales, median $623,440, $194/sqft
- JC Thompson: 32 sales, median $480,000, $185/sqft
- Argyle South: 26 sales, median $703,500, $210/sqft
- Argyle West: 25 sales, median $972,563, $272/sqft
Pricing right vs. cutting the price in Northlake
Sellers who held their original asking price sold in 22 days at 97.4% of ask. Sellers who overpriced and later cut took 88 days and kept 91.2% of the original ask — roughly $38,000 left on the table on a typical Northlake listing.
Most active Northlake neighborhoods
- Pecan Square: 115 sales, median $540,000, 67 days on market
- The Ridge at Northlake: 34 sales, median $636,250, 98 days on market
- Pecan Square Ph 1b: 19 sales, median $430,000, 55 days on market
- Pecan Square Ph 1a: 13 sales, median $425,000, 56 days on market
- Ridge at Northlake: 12 sales, median $713,500, 77 days on market
- Canyon Falls Village: 11 sales, median $525,000, 81 days on market
- Pecan Square Ph 1c: 11 sales, median $460,000, 66 days on market
- Pecan Square: 50ft. lots: 10 sales, median $619,739, 156 days on market
- Canyon Falls: 8 sales, median $563,750, 47 days on market
- Pecan Square Ph 2b-1: 8 sales, median $661,000, 77 days on market
Nearby markets
Frisco · Denton · Carrollton · Little Elm · Aubrey · Flower Mound · Lewisville · Justin
Common questions
Is now a good time to buy in Northlake? Buyers hold the cards: most homes sell under asking and take about 61 days to find a buyer.
What does the typical Northlake home cost? $567,500 — about $201 per square foot, or roughly $3,228/month with 10% down before taxes and insurance.
How fast do homes sell in Northlake? The typical home went under contract in 61 days; 7.6% sold within the first week.
Is it cheaper to rent or buy in Northlake? The median Northlake lease ran $3,000/month this year, while principal and interest on the median $567,500 home is roughly $3,228/month with 10% down, before taxes and insurance.
Source: NTREIS MLS closed sales, September 3 2025 – September 3 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.