West Lake Hills, TX—78746
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Lake Hills, TX
As of Oct '25, the median home price in West Lake Hills, TX is $1,645,000, with a year-over-year change of -2.8%. This indicates that home prices in West Lake Hills, TX are decreasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,645,000 | -2.8% |
| Single Family | $1,767,000 | -2.6% |
| Condos | $726,000 | 1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $587,000 | -3.6% |
3 Bed | $1,257,000 | -2.8% |
4 Bed | $1,724,000 | -1.9% |
| 5 Bed | $2,844,000 | -0.6% |
% of Housing Stock
Rental Trends — West Lake Hills, TX
As of July '25, Rentcast reports the average rent in West Lake Hills, TX is $3,550, with a year-over-year rent change of -14.3%. Per bedroom, the median rent as of July '25 in West Lake Hills, TX is studios: $1,130, 1-bedrooms: $1,420, 2-bedrooms: $2,390, 3-bedrooms: $4,100, 4-bedrooms: $6,610. The most common rental property sizes in West Lake Hills, TX are 1-bedroom and 2-bedroom, accounting for 43.5% and 34.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,720 | $3,550 |
| Studio Rent | $1,150 | $1,130 |
| 1 Bed Rent | $1,320 | $1,420 |
| 2 Bed Rent | $1,940 | $2,390 |
| 3 Bed Rent | $3,800 | $4,100 |
| 4 Bed Rent | $6,700 | $6,610 |
% of Rental Stock
Property Listings — West Lake Hills, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in West Lake Hills, TX is 95. This is a increase of 8.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,350,000 | -8.0% |
Listing Count | 203 | 4.0% |
| Listings as % of Homes | 0.7% | 4.0% |
Days on Market | 95 | 8.0% |
Demographics — West Lake Hills, TX
As of the latest ACS Survey released in 2023, West Lake Hills, TX has a population of 28,300, which has remained stable by -0.8% over the past 5 years. West Lake Hills, TX is a popular place for families, as children make up 25.4% of the population. The area has a highly educated workforce, with 83.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 38.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,300 | -0.8% |
% Under 18 | 25.4% | 0.8% |
% Seniors | 15.4% | 7.7% |
% WFH | 38.3% | 155.3% |
% w/ College Degree | 83.2% | 2.2% |
As of the latest ACS Survey released in 2023, West Lake Hills, TX is a predominantly white area, with 75.5% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in West Lake Hills, TX is hispanic, making up 11.3% of the population. Foreign-born residents account for 12.1% of the population in West Lake Hills, TX, and this percentage has increased by 8.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 75.5% | -1.0% |
% Black | 1.5% | 66.7% |
% Hispanic | 11.3% | -17.5% |
% Asian | 8.7% | 17.6% |
% Foreign Born | 12.1% | 8.0% |
Mortgage and Risk — West Lake Hills, TX
According to HUD data as of 2023, there were 368 mortgage originations in West Lake Hills, TX, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in West Lake Hills, TX. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 368 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — West Lake Hills, TX
West Lake Hills, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $760 | $1,320 | $2,080 |
| 2 Bedroom | $520 | $1,940 | $2,460 |
| 3 Bedroom | -$670 | $3,800 | $3,130 |
| 4 Bedroom | -$3,060 | $6,700 | $3,640 |
Affordability — West Lake Hills, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.9 |
| Median Home Price | $1,645,000 |
| Median Household Income | $183,000 |