The Northlake housing market is somewhat competitive. The median sale price of a home in Northlake was $294K last month, up 5.4% since last year. The median sale price per square foot in Northlake is $178, up 16.7% since last year.
What is the housing market like in Northlake today?
In March 2024, Northlake home prices were up 5.4% compared to last year, selling for a median price of $294K. On average, homes in Northlake sell after 37 days on the market compared to 26 days last year. There were 13 homes sold in March this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$293,500
+5.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Northlake, TX
$293,500
+5.4%
United States
To compare other locations to the Northlake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Garland add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Northlake housing market?
Northlake is somewhat competitive. Homes sell in 33 days.
0
100
68
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 33 days.
Hot homes
can sell for around list price and go pending in around 16 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Northlake Elementary School
Public • PreK-5 • Choice school
553
Students
4 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Northlake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Northlake.
Risk Factor
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Northlake has a minor risk of flooding. 67 properties in Northlake are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Northlake. Flood risk is increasing slower than the national average.
89% of properties are at risk of wildfire over the next 30 years
Fire Factor
Northlake has a moderate risk of wildfire. There are 1,600 properties in Northlake that have some risk of being affected by wildfire over the next 30 years. This represents 89% of all properties in Northlake.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Northlake has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Northlake is most at risk from hurricanes. 1,780 properties in Northlake have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 83 mph.