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

The median Northwest Hills home sold for $970,000 over the 12 months ending September 2026, across 153 residential sales in the ACTRIS MLS. That is down 13.8% from $1,125,000 the year before. The median home for sale today is listed at $1,100,000. Because Northwest Hills mixes hillside houses with condos and townhomes, the right number for a specific home comes from recent sales of the same type nearby.

Over the last 12 months, Northwest Hills single-family houses sold for a median of $1,175,000 across 101 sales, while condos sold for a median of $272,500 across 40 sales. The 12 townhome sales had a median of $442,500. That gap is why the neighborhood median of $970,000 is a poor guide for any one budget. Filter the live search by property type first, then compare against sales of that same type.

Northwest Hills is in a balanced market, with about 4.0 months of supply as of September 2026. 45% of homes that sold had cut their price, and the typical home closed at 94.5% of its original list price. Prices are lower than a year ago, and homes priced in line with the market still move within the 29-day median. Negotiating room depends on how the specific home was priced, not on the neighborhood as a whole.

Measured the same way over the same 12 months, Northwest Hills had a median sale of $970,000 across 153 sales, compared with $789,000 across 133 sales in Great Hills and $925,000 across 121 sales in Allandale. Comparing houses only, Northwest Hills was $1,175,000, Great Hills $820,000 and Allandale $950,000. Compare the same home type, size and lot before drawing conclusions.

Start with financing: the median Northwest Hills house sold for $1,175,000, above conforming loan limits, so many buyers need a jumbo approval. Set up a saved search inside the boundary so new listings reach you the day they list. Many homes sit on sloped lots, so budget time for foundation, drainage and retaining wall inspections, and for houses from the 1960s to 1980s, check roof, windows and systems.

Launching above the recent sales. Over the last year, 45% of Northwest Hills homes that sold had cut their price, and the typical home closed at 94.5% of its original list price. The homes that sold fastest launched in line with comparable sales nearby, of the same type and size. Pricing a dated house off the remodeled ones nearby is the most common version of this mistake. A home that sits and cuts usually ends up below the price a well-set launch would have brought.

Not really. Splitting last year's 101 house sales by build decade, the 31 built before 1970 had a median of $1,150,000, the 30 from the 1970s $1,228,625, the 25 from the 1980s $1,225,000, and the 15 built in 1990 or later $1,057,980. Build year does little to sort prices here. Size, lot, view and how recently a house was updated explain more of the spread.

The median Northwest Hills home took 29 days to go under contract over the last 12 months, counted on cumulative days on market so relisted homes are not reset. That is slower than the year before, when the median was 21 days. Add roughly 30 to 45 days from contract to closing. A year ago the median was 21 days, so the market has slowed a little; homes that need a price cut usually take several months longer.

Northwest Hills is mostly in 78731. Of the 153 sales inside the neighborhood boundary over the last year, 140 were in 78731, with a median of $1,003,500, and 13 were in 78759 at the northern edge, with a median of $325,000. The 78731 ZIP also covers parts of Rosedale and other west Austin areas, so the figures on this page are calculated only from sales inside the Northwest Hills boundary.

Request a home value from us and we will price it against the Northwest Hills sales that actually match it: same home type, similar size, age and condition, and nearby streets, from the last 12 months of ACTRIS MLS closings. For context, the neighborhood median was $970,000 across 153 sales, and the typical home closed at 94.5% of its original list price. An online estimate cannot see slope, view or how recently a house was updated, which drive most of the spread here.