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

The median Westlake home sold for $1,660,000 over the 12 months ending September 2026, across 371 residential sales in the ACTRIS MLS. That is up 3.8% from $1,600,000 the year before. The median home for sale today is listed at $2,197,000. Because the area mixes condos, established homes and new construction across a large area, the right number for a specific home comes from the recent sales on its street and of its type, not the neighborhood median.

Over the last 12 months, Westlake single-family houses sold for a median of $1,850,000 across 335 sales, while condos sold for a median of $962,500 across 30 sales. The 6 townhome sales had a median of $585,000. That gap is why the overall median of $1,660,000 is a poor guide for any one budget. Filter the live search by property type first, then compare against recent sales of that same type.

Westlake is in a balanced market, with about 4.4 months of supply as of September 2026. 41% of homes that sold had cut their price, and the typical home closed at 92.8% of its original list price, so there is room to negotiate on homes that launched above the recent sales. Homes priced in line with the market still move within the 37-day median, so negotiating room depends on how the specific home was priced, not on the area as a whole.

For houses, they are almost even. Over the same 12 months, Westlake houses sold for a median of $1,850,000 across 335 sales, and Tarrytown houses for $1,845,000 across 76. The overall medians were also close, $1,660,000 in Westlake and $1,685,000 in Tarrytown. The differences are elsewhere: Westlake houses are newer on average and moved faster, a median of 34 days, while Tarrytown homes took 56. Compare the same home type, size and lot before choosing.

Start with financing: the median Westlake house sold for $1,850,000, well above conforming loan limits, so most buyers need a jumbo approval, which takes longer. Then set up a saved search inside the Westlake boundary so new listings reach you the day they list, since well-priced homes go under contract inside the 37-day median. Most houses that sold were built between 1960 and 2009, so budget time for foundation, roof and drainage inspections, and confirm whether the home is on city sewer or a septic system.

Launching above the recent sales. Over the last year, 41% of Westlake homes that sold had cut their price, and the typical home closed at 92.8% of its original list price. The homes that sold fastest launched in line with comparable sales nearby. A home that sits and cuts usually ends up below the price a well-set launch would have brought, and it spends extra weeks or months on the market getting there.

Address makes a real difference. Over the last 12 months, the 42 homes with a West Lake Hills address sold for a median of $2,420,000. The 240 homes with an Austin 78746 address sold for a median of $1,702,500. The 87 sales in the 78733 ZIP code, on the western side of the boundary, had a median of $1,300,000. Home type and age matter as much as location, so price a specific home from the sales on its own street.

The median Westlake home took 37 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 66 days. Houses moved much faster than condos: the median house took 34 days and the median condo took 76. Add roughly 30 to 45 days from contract to closing. A home priced in line with recent sales on launch day usually beats the median; one that needs a price cut usually takes longer.

Most of Westlake is in the 78746 ZIP code: 284 of the 371 sales inside this boundary over the last 12 months had 78746 addresses, and the other 87 were in 78733. The 78746 sales include homes addressed to Austin, West Lake Hills and Rollingwood. Because the area mixes several cities and many subdivisions, ZIP-level statistics are a starting point, not a price for any one home.

Request a home value from us and we will price it against the Westlake sales that actually match it: same home type, similar size and lot, and nearby streets, from the last 12 months of ACTRIS MLS closings. For context, the median was $1,660,000 across 371 sales, and the typical home closed at 92.8% of its original list price. An online estimate cannot see lot, condition or updates, which drive most of the spread here.