West Lake Hills, TX is an affluent area with a median home value of $2,223,900, which is nearly seven times the US median home value of $338,100. Although overall housing values in the US have seen an 8.27% appreciation over the past year, West Lake Hills has experienced a more modest 3.52% increase in home values. The market remains competitive though, making this a desirable area to live in for those who can afford it.
The median home cost in West Lake Hills is $2,223,900. Home appreciation the last 10 years has been 194.4%. Home Appreciation in West Lake Hills is up 16.9%.
Average Age of Homes
- The median age of West Lake Hills real estate is 40 years old
The Rental Market in West Lake Hills
- Renters make up 16.4% of the West Lake Hills population
- 0.0% of houses and apartments in West Lake Hills, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.