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Westlake, TX

Full City Profile · Texas · Tarrant County County

3.2 /5.0
B Good
1,543 Population 224/sq mi density
$250,001 Median Income $187,283 per capita
$2,000,001 Home Value $3,085,191 Zillow
$3,501 Median Rent 30.6% income on rent
67°F Avg Temperature 330 sunny days/yr
63 Violent Crime/100K 593 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$250,001 median income, 1.1% unemployment
C
Affordability
2.1 / 5.0
$2,000,001 home value, $3,501/mo rent
F
Safety
1.0 / 5.0
63 violent crimes/100K
A+
Education
5.0 / 5.0
76.0% bachelor's degree or higher

Housing Overview

Median Home Value
$2,000,001
609% above
US avg: $281,900
Median Rent
$3,501/mo
201% above
US avg: $1,163/mo
Homeownership Rate
97.8%
50% above US avg (65.4%)
Total Housing Units
472
Median year built: 2010

Home Value by Source

Census Median
$2,000,001
Zillow (ZHVI)
$3,085,191
Median Sale Price
$2,400,000
Median List Price
$4,622,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

97.8%
Owner-Occupied
2.2%
Renter-Occupied
98%
2%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $3,501/mo

Market Indicators (Redfin)

Median Days on Market
200 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
19.4%
of listings with price reduction
Price Per Sq Ft
$686
Active Inventory
36
homes for sale

Affordability & Housing Stock

Rent Burden
30.6%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
2010
Average age of housing stock: 16 years
Homeownership Rate
97.8%

Complete Housing Data

Home Values

Census Median Value$2,000,001
Zillow Home Value (ZHVI)$3,085,191
Median Sale Price$2,400,000
Median List Price$4,622,000
Price Per Sq Ft$686

Rent

Census Median Rent$3,501
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market200
Sale-to-List Ratio0.9%
Price Drops19.4%
Homes Sold1
Active Inventory36
Price Per Sq Ft$686

Ownership & Stock

Owner-Occupied97.8%
Renter-Occupied2.2%
Homeownership Rate97.8%
Total Housing Units472
Median Year Built2010
Rent Burden30.6%