Market Overview
Home Prices in Westlake, OH
The median home value in Westlake, OH is $430,881 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.8% compared to a year ago and up 4.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Westlake are priced5% above average. Westlake is part of the Cleveland-Elyria, OH metro area.
Over the past five years, Westlake home values have risen by approximately32.8%, reflecting strong long-term appreciation in this market.
Price History
Westlake Home Price Trend
City Comparison
Westlake vs. National Median
At $430,881, homes in Westlake cost 5% above the national median of $410,000. Buyers in Westlake should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Westlake?
20% Down Payment
$86,176
on $430,881
Monthly P&I
$2,247/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,854/mo
incl. taxes & insurance
Income Needed
$114,160
gross annual (30% rule)
10% Down Option
$43,088
+ PMI applies
Loan Amount (20% dn)
$344,705
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Westlake, OH?
The median home value in Westlake is $430,881 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.8% year-over-year.
How much have home prices changed in Westlake?
Over the past year, home values in Westlake have increased by 3.8%. Over five years, prices have risen approximately 32.8%.
How much do I need to earn to buy a home in Westlake?
To comfortably afford the median home price of $430,881 with a 20% down payment ($86,176) at today's rates (6.8%), you'd need a gross annual income of approximately $114,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Westlake compare to the national average home price?
The national median home value is approximately $410,000. At $430,881, homes in Westlake are 5% above the national average.
What metro area is Westlake part of?
Westlake is part of the Cleveland-Elyria, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.