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Housing in Lakeway

434 homes sold in Lakeway in the last year, at a typical $810K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lakeway homes are listed.

Homes sold
434
June 2025 to May 2026
Typical sale price
$810K
houses $862K · condos $465K
Price per square foot
$284
Texas $175
Paid vs. asking
96.5%
6% sold over asking
For sale now
269
May 2026 · 50 sold that month
What sold · last 12 months

13% of Lakeway’s sales are condos, at $398K less than a house

372 houses and 56 condos sold in the year to May 2026. Houses sell faster.

Houses$862K

typical sale · 372 sold in 12 months

Per square foot
$290TX $173
Days to sell
87
Sold over asking
7%
Listings with a price cut
32%
Condos$465K

typical sale · 56 sold in 12 months

Per square foot
$232TX $226
Days to sell
122
Sold over asking
4%
Listings with a price cut
27%
Fewer sales

Multi-family (2–4 units): 3 sold, typical $510K
Townhouses: 3 sold, typical $725K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2021, at 1.8 times the 2016 price

434 sales in the last year, against 728 in 2020 and a low of 412 in 2024. The typical sale went from $460K in 2016 to $810K.

Homes soldTypical sale price
0187375562750$450K$600K$750K$900K2012: 452 sold, typical $366K’122013: 520 sold, typical $388K2014: 569 sold, typical $406K’142015: 493 sold, typical $434K2016: 601 sold, typical $460K’162017: 590 sold, typical $472K2018: 606 sold, typical $514K’182019: 628 sold, typical $531K2020: 728 sold, typical $605K’202021: 610 sold, typical $788K2022: 468 sold, typical $847K’222023: 441 sold, typical $795K2024: 412 sold, typical $767K’242025: 454 sold, typical $798KLast 12 months: 434 sold, typical $810KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $800K buys in Lakeway

Houseat $290 a sq ft
Condoat $232 a sq ft
The same money in Texasat $173 a sq ft

Is this asking price fair?

Check a listing against what Lakeway homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Lakeway are rarer than before the pandemic, with about as many homes for sale

We read every month of Lakeway’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 434 sales.

If you’re buying in Lakeway

  • Shop in March. It brings about 81 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
  • You can negotiate. 31% of listings have cut their price, against 25% before the pandemic.
  • Offer under asking. Buyers paid 96.5% of the list price on average; 6% paid over.
  • You’ll usually have time. Only 24% of homes go under contract within two weeks; the typical one takes 90 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 84 a month), but April is the most competitive: 28% of April sales close over asking. March offers nearly as much choice with fewer homes bid up (17%). October has the least competition (14%) but only about 48 new listings.

New listings a monthShare sold over asking
021.342.563.88513%27%40%Sweet spotJan: 47 new listings a month, 15% sold over asking, 79 days to sellJFeb: 57 new listings a month, 17% sold over asking, 77 days to sellFMar: 81 new listings a month, 17% sold over asking, 63 days to sellMApr: 77 new listings a month, 28% sold over asking, 39 days to sellAMay: 84 new listings a month, 21% sold over asking, 49 days to sellMJun: 75 new listings a month, 22% sold over asking, 49 days to sellJJul: 68 new listings a month, 19% sold over asking, 51 days to sellJAug: 57 new listings a month, 16% sold over asking, 61 days to sellASep: 50 new listings a month, 15% sold over asking, 62 days to sellSOct: 48 new listings a month, 14% sold over asking, 66 days to sellONov: 35 new listings a month, 15% sold over asking, 81 days to sellNDec: 26 new listings a month, 18% sold over asking, 70 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Texas

Lakeway now2017–192021 peakTX now
Sold over askingShare of sales that closed above the list price6%12%52%12%
Gone within two weeksShare of homes under contract within 14 days24%29%62%20%
Listings with a price cutShare of homes for sale that cut their price31%25%15%30%
Price paid vs. askingAverage sale price ÷ list price96.5%97.8%103.6%96.9%
Days to sellMedian days from listing to contract90573771
Supply

228 homes for sale on a typical day

That’s 2.6 times the 2021 low (89) and 13% more than in 2017–19.

2012: 214 for sale’122013: 220 for sale2014: 228 for sale2015: 233 for sale’152016: 204 for sale2017: 206 for sale2018: 202 for sale’182019: 195 for sale2020: 145 for sale2021: 89 for sale’212022: 134 for sale2023: 210 for sale2024: 219 for sale’242025: 241 for saleLast 12 months: 228 for saleNow
Room to negotiate

1 in 3 listings has cut its price

31% in the last year, against 25% in 2017–19 and 30% across Texas. More sellers are pricing high and coming down.

2015: 26%’152016: 23%2017: 25%2018: 25%’182019: 26%2020: 18%2021: 15%’212022: 31%2023: 33%2024: 31%’242025: 31%Last 12 months: 31%Now
Prices by type

Since 2019, houses are up 52%, condos 24%

A house typically sold for $862K in the last year (372 sales), a condo for $465K (56).

$425K$650K$875K$1.1M2013201520172019202120232025NowHouses 2013: $425K, 432 salesHouses 2014: $451K, 464 salesHouses 2015: $461K, 426 salesHouses 2016: $505K, 488 salesHouses 2017: $509K, 477 salesHouses 2018: $546K, 507 salesHouses 2019: $568K, 508 salesHouses 2020: $659K, 594 salesHouses 2021: $874K, 501 salesHouses 2022: $982K, 364 salesHouses 2023: $900K, 334 salesHouses 2024: $843K, 344 salesHouses 2025: $854K, 376 salesHouses last 12 months: $862K, 372 salesHouses $862KCondos 2013: $275K, 78 salesCondos 2014: $303K, 91 salesCondos 2015: $315K, 58 salesCondos 2016: $344K, 100 salesCondos 2017: $351K, 107 salesCondos 2018: $360K, 91 salesCondos 2019: $374K, 104 salesCondos 2020: $380K, 120 salesCondos 2021: $497K, 99 salesCondos 2022: $568K, 94 salesCondos 2023: $501K, 95 salesCondos 2024: $485K, 57 salesCondos 2025: $448K, 70 salesCondos last 12 months: $465K, 56 salesCondos $465K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Texas

Lakeway ranks 291st of 372 busy Texas markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Lakeway is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Lakeway

Five things worth knowing

84

New listings in May

The month with the most choice. December has the fewest, about 26.

Best time to buy
A

Schools

The schools grade for Lakeway, from test results, graduation and how much students grow.

Schools in Lakeway
29 min

Typical commute

The average one-way trip to work for people who live in Lakeway.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Point Venture, Briarcliff, Hudson Bend and Steiner Ranch sell for less a square foot

The busier markets within 25 miles of Lakeway, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lakeway434$810K$2846%90
Steiner Ranch172$823K$2707%79
Bee Cave97$906K$3119%91
The Hills62$903K$29010%65
Point Venture54$450K$2137%121
Hudson Bend44$676K$2707%147
Briarcliff32$559K$2489%141

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Lakeway, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lakeway. People who follow the town see it, and so do people comparing Lakeway with their own town. No commission, no listing fee.

Questions about buying a home in Lakeway

What do homes sell for in Lakeway, TX?

434 homes sold in the year to May 2026 at a typical $810K, $284 a square foot. Houses sold for about $862K, condos for about $465K.

Is Lakeway a buyer’s or seller’s market?

A balanced market: 269 homes were for sale in May 2026 and 50 sold, about 5.4 months of supply. Buyers paid 96.5% of asking on average, and 31% of listings cut their price.

When is the best time to buy in Lakeway?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in Lakeway?

Zillow, Redfin, Realtor.com and Homes.com all carry Lakeway’s MLS listings; the search links above open each one filtered to Lakeway.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).