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Lakeway · 78734 · 78738 · Lake Travis

What does it cost to buy a home in Lakeway right now?

Lakeway homes sold for a median $750,000 over the last 12 months, across 428 sales. 193 are for sale today, and they take about 7 weeks to go under contract.

$750K
Median sale price, last 12 months
428
Homes sold, last 12 months
49
Median days on market
94.7%
Sale price vs. original list
5.4
Months of supply
Live from the MLS

Lakeway homes for sale now

Every active listing inside the Lakeway boundary, updated from the MLS.

See all 207 Lakeway listings
Lakeway market report · September 2026

What is the Lakeway market doing right now?

Lakeway is a balanced market that got a little easier on sellers over the last year, even though prices slipped. Over the last 12 months, 428 homes sold at a median of $750,000, down 3.3% from $775,975 the year before, on 402 sales.

Homes are moving faster. The median home went under contract in 49 days, down from about 55 days. Sellers are getting closer to their first number: the typical home sold for 94.7% of its original list price, up from 93.6%. The share of sold homes that needed a price cut dropped from 51% to 48%.

With 193 homes for sale and about 35.7 sales a month, Lakeway has 5.4 months of supply. That is a balanced market. Buyers have room to negotiate on homes that launched above the recent sales, and homes priced to the market still go under contract on a normal timeline.

What does a home in Lakeway cost?

Lakeway has a real mix of home types. Of the 428 sales over the last 12 months, 370 were single-family houses at a median of $812,250, 54 were condos at a median of $440,000, and 4 were townhomes at a median of $399,000. The 10 sales listed with waterfront features had a median of $1,434,500. The median sold house had about 2,930 square feet and was built in 2001, and 109 of the 370 were built in 2010 or later. The median home for sale today is listed at $835,000, and the most expensive active listing is $4,695,000.

How fast do Lakeway homes sell?

The median Lakeway home took 49 days from listing to contract over the last 12 months, counted on cumulative days on market so a relisted home is not reset to zero. 48 percent of the homes that sold had cut their price at least once, and the typical home closed at 94.7% of its original list price.

For sellers, the practical read is that the first price does the work. Homes that launch in line with the recent sales go under contract well inside the median, and homes that launch above them tend to sit, cut, and sell for less than a well-priced launch would have brought.

Where is Lakeway?

Lakeway is a city on the south shore of Lake Travis, off RM 620, about 20 miles west of downtown Austin. It spans two ZIP codes, 78734 and 78738, with Bee Cave and Highway 71 to the south.

How we read these numbers

These figures are residential closed sales (single-family, condo and townhome) from the ACTRIS MLS whose location falls inside the Lakeway city boundary used by our map search. Leases and sales under $40,000 are excluded. The current period is the 12 months ending September 27, 2026, compared with the 12 months before it. Days on market are cumulative. The for-sale count covers active single-family, condo and townhome listings; the map search also shows lots, land and other listing types, so its total can be higher. We publish area totals only, never an individual home's sale price.

Year over year

Lakeway: last 12 months vs. the year before

Residential closed sales inside the Lakeway city boundary, ACTRIS MLS.

MeasureLast 12 monthsPrior 12 monthsChange
Homes sold428402+6%
Median sale price$750,000$775,975-3.3%
Median days on market49556 days faster
Sale price vs. original list94.7%93.6%+1.2 pts
Share that cut price48%51%-3 pts

Lakeway questions, answered

What is the median home price in Lakeway?

The median Lakeway home sold for $750,000 over the 12 months ending September 2026, across 428 residential sales in the ACTRIS MLS. That is down 3.3% from $775,975 the year before. The median home for sale today is listed at $835,000. Because Lakeway mixes condos, older lake-area houses and newer construction, the right number for a specific home comes from the recent sales most like it.

How much does a house in Lakeway cost compared with a condo?

Over the last 12 months, Lakeway single-family houses sold for a median of $812,250 across 370 sales, while condos sold for a median of $440,000 across 54 sales. The 4 townhome sales had a median of $399,000. That spread is why the city median of $750,000 is a poor guide for any one budget. Filter the live search by property type first, then compare against recent sales of that type.

Is now a good time to buy in Lakeway?

Lakeway is a balanced market, with about 5.4 months of supply as of September 2026. The median home went under contract in 49 days, a little faster than a year ago, and 48% of homes that sold had cut their price. The typical home closed at 94.7% of its original list price. Buyers have room on homes that launched high, while homes priced to the market still sell on a normal timeline.

Is Lakeway more expensive than Bee Cave?

Slightly less, at the median. Over the same 12 months, Lakeway homes sold for a median of $750,000 across 428 sales, while Bee Cave homes sold for a median of $830,000 across 84 sales. Lakeway's median is pulled down by its condo market, which Bee Cave barely has. Comparing houses only, Lakeway's single-family median was $812,250 against $849,338 in Bee Cave, so the gap narrows.

How do I buy a home in Lakeway?

Decide on home type and part of town first, since Lakeway condos, older 78734 houses and newer 78738 houses price very differently. Set up a saved search inside the Lakeway boundary so listings reach you the day they list. The median sold house was built in 2001, so plan inspections for roofs, HVAC and plumbing of that age, and read HOA and any golf or lake amenity documents before your option period ends.

What is the most common mistake sellers make in Lakeway?

Launching above the recent sales. Over the last year, 48% of Lakeway homes that sold had cut their price, and the typical home closed at 94.7% of its original list price. With about 5 months of supply, buyers have options, and they compare every listing to the closed sales. A home priced to those sales on day one usually nets more than one that starts high and cuts.

Do homes in 78738 sell for more than 78734 in Lakeway?

Yes, measured over the last 12 months. The 192 Lakeway sales in the 78738 ZIP code had a median of $885,775 and a median of about 38 days on market, while the 236 sales in 78734 had a median of $670,000 and about 60 days. The mix of home types differs between the two ZIP codes, so compare homes of the same type, size and age rather than ZIP medians.

How long does it take to sell a house in Lakeway?

The median Lakeway home took 49 days to go under contract over the last 12 months, counted on cumulative days on market so relisted homes are not reset. That is faster than the year before, when the median was about 55 days. Add roughly 30 to 45 days from contract to closing. A home priced in line with recent sales usually beats the median; one that needs a price cut usually takes longer.

What ZIP codes are in Lakeway?

Lakeway spans two ZIP codes, 78734 and 78738. Of the 428 sales inside the city boundary over the last 12 months, 236 were in 78734 and 192 in 78738. Both ZIP codes extend beyond the city, into areas such as Hudson Bend and Bee Cave, so ZIP-level statistics blend different markets. The figures on this page come only from sales inside the Lakeway city boundary.

How do I find out what my Lakeway home is worth?

Request a home value from us and we will price it against the Lakeway sales that actually match it: same home type, similar size and age, and the same part of town, from the last 12 months of ACTRIS MLS closings. For context, the city median was $750,000 across 428 sales, and the typical home closed at 94.7% of its original list price. An online estimate cannot see views or updates, which drive much of the spread.

Buying or selling in Lakeway?

Tell us what you are looking for, or the address you want priced. We answer within the day.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.