Housing in Westlake Village, CA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$2,140,000

Median List Price

$1,624,500

Price Per Sq Ft

$653

Days on Market

Active Inventory

Months of Supply

3.0

Seller's market

Zillow Home Value

$1,529,215

ZHVI — January 2026

Zillow Rent Index

$3,873

ZORI — January 2026

Price Trends

Source: Redfin

Sale Price ↑ 10.3%List Price ↓ 8.5%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

54.5%

Sale-to-List Ratio

95.1%

Buyer's market

Sold Above Asking

0.0%

Under Contract in 2 Wks

54.5%

Listings with Price Drops

25.9%

Market Activity

Source: Redfin

Homes Sold

New Listings

Pending Sales

Homes Sold ↑ 0.0%New Listings ↑ 8.3%Pending ↓ 15.4%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$653

Median List $/SF

$645

Sale $/SF ↑ 7.8%List $/SF ↑ 5.7%Mar 24 → Jan 26

Westlake Village vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Westlake Village is highlighted.

Median Home Value

99th%ilemost expensive$1,212,800show rank

Median Rent

100th%ilemost expensive rent$3,501show rank

Median Price Per Sq Ft

97th%ilemost expensive $/sqft$653show rank

Rent Burden

81st%ilehighest rent burden24.1%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$1,212,800

Median Rent

$3,501

Total Housing Units

3,190

Vacancy Rate

4.1%

Owner Occupied

81.9%

Renter Occupied

18.1%

Median Property Tax

$8,366

per year

Monthly Cost (w/ Mortgage)

$2,848

Housing Types

Single Family

87.5%

Multi-Family

8.0%

Mobile Home

4.5%

The current median sale price in Westlake Village, CA is $2,140,000 according to Redfin data. Homes spend a median of 82 days on the market. 0.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $653. Zillow's observed rent index is $3,873/month. About 81.9% of housing units are owner-occupied. The median year homes were built is 1974. There are 3,190 total housing units.