Market Overview
Home Prices in Northlake, TX
The median home value in Northlake, TX is $497,034 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.5% compared to a year ago and down 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Northlake are priced21% above average. Northlake is part of the Dallas-Fort Worth-Arlington, TX metro area.
Over the past five years, Northlake home values have risen by approximately16.2%, reflecting steady appreciation in this market.
Price History
Northlake Home Price Trend
City Comparison
Northlake vs. National Median
At $497,034, homes in Northlake cost 21% above the national median of $410,000. Buyers in Northlake should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Northlake?
20% Down Payment
$99,407
on $497,034
Monthly P&I
$2,592/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,292/mo
incl. taxes & insurance
Income Needed
$131,680
gross annual (30% rule)
10% Down Option
$49,703
+ PMI applies
Loan Amount (20% dn)
$397,627
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 Northlake, TX?
The median home value in Northlake is $497,034 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.5% year-over-year.
How much have home prices changed in Northlake?
Over the past year, home values in Northlake have decreased by 3.5%. Over five years, prices have risen approximately 16.2%.
How much do I need to earn to buy a home in Northlake?
To comfortably afford the median home price of $497,034 with a 20% down payment ($99,407) at today's rates (6.8%), you'd need a gross annual income of approximately $131,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Northlake compare to the national average home price?
The national median home value is approximately $410,000. At $497,034, homes in Northlake are 21% above the national average.
What metro area is Northlake part of?
Northlake is part of the Dallas-Fort Worth-Arlington, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.