Westlake, TX Housing Market — 34 Homes Sold (September 2025 – September 2026)
Buyers hold the cards: most homes sell under asking and take about 63 days to find a buyer.
Westlake market at a glance
- Homes sold (12 months): 34
- Median sale price: $4,410,000 (about $25,087/month with 10% down at a 6.5% 30-year rate, principal & interest)
- Median price per square foot: $748
- Median days on market (list to contract): 63; 11.8% went under contract within a week
- Sold over asking: 0% · Sold under asking: 94.1%
- Typical home: 4 bed, 6,221 sqft, built 2018, mostly Carroll ISD
- Price range of sales: $1,325,000 – $9,500,000
- On the market right now: 38 active listings, 7 under contract, 13.4 months of supply, median asking $4,225,000
- How buyers paid: Conventional 44.1%, FHA 0%, VA 0%, Cash 55.9%, Other 0%
- Seller contributions: 23.5% of sellers chipped in, typically $5,000
- Contract to close: about 31 days
- HOA: 94.1% of sales had a mandatory HOA, typically $595/month
Median price by elementary school zone
- Westlake Academy: 15 sales, median $5,150,000, $794/sqft
- Walnut Grove: 11 sales, median $2,825,000, $648/sqft
Pricing right vs. cutting the price in Westlake
Sellers who held their original asking price sold in 40 days at 95% of ask. Sellers who overpriced and later cut took 162 days and kept 86.3% of the original ask — roughly $432,600 left on the table on a typical Westlake listing.
Nearby markets
Fort Worth · Arlington · Mansfield · North Richland Hills · Crowley · Azle · Keller · Bedford
Common questions
Is now a good time to buy in Westlake? Buyers hold the cards: most homes sell under asking and take about 63 days to find a buyer.
What does the typical Westlake home cost? $4,410,000 — about $748 per square foot, or roughly $25,087/month with 10% down before taxes and insurance.
How fast do homes sell in Westlake? The typical home went under contract in 63 days; 11.8% sold within the first week.
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.