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Westlake, FL

Full City Profile · Florida · Palm Beach County County

3.8 /5.0
B+ Good
2,876 Population 451/sq mi density
$140,000 Median Income $59,102 per capita
$629,100 Home Value $478,398 Zillow
74°F Avg Temperature 330 sunny days/yr
526 Violent Crime/100K 789 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$140,000 median income, 2.5% unemployment
A
Affordability
4.1 / 5.0
$629,100 home value, /mo rent
F
Safety
1.0 / 5.0
526 violent crimes/100K (39% above avg)
A+
Education
5.0 / 5.0
54.2% bachelor's degree or higher

Housing Overview

Median Home Value
$629,100
123% above
US avg: $281,900
Homeownership Rate
98.4%
50% above US avg (65.4%)
Total Housing Units
679
Median year built: 2019

Home Value by Source

Census Median
$629,100
Zillow (ZHVI)
$478,398
Median Sale Price
$552,450
Median List Price
$750,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

98.4%
Owner-Occupied
1.6%
Renter-Occupied
98%
2%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo

Market Indicators (Redfin)

Median Days on Market
102 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
31.5%
of listings with price reduction
Price Per Sq Ft
$279
Active Inventory
127
homes for sale

Affordability & Housing Stock

Rent Burden
35.5%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
2019
Average age of housing stock: 7 years
Homeownership Rate
98.4%

Complete Housing Data

Home Values

Census Median Value$629,100
Zillow Home Value (ZHVI)$478,398
Median Sale Price$552,450
Median List Price$750,000
Price Per Sq Ft$279

Rent

FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market102
Sale-to-List Ratio1.0%
Price Drops31.5%
Homes Sold6
Active Inventory127
Price Per Sq Ft$279

Ownership & Stock

Owner-Occupied98.4%
Renter-Occupied1.6%
Homeownership Rate98.4%
Total Housing Units679
Median Year Built2019
Rent Burden35.5%