Northwest, TX Housing Market

$1,182,813

1.2% 1-yr

The average Northwest, TX home value is $1,182,813, up 1.2% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Northwest Key Takeaways

Typical Home Values: $1,182,813

1-year Value Change: +1.2%

(Data through July 31, 2025)

Northwest Housing Market Overview

--1-year Market Forecast

55For sale inventory(July 31, 2025)

16New listings(July 31, 2025)

--Median sale to list ratio

--Median sale price(June 30, 2025)

$1,262,167Median list price(July 31, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Western Central$691,651
Monticello$1,537,717
Monticello Estates$1,636,494
Chimney Hill$1,049,023
South Lake Hills--
Thornbridge Estates$784,010
Steeple Ridge$575,162
Lonesome Dove Estates$578,197
Timarron$1,301,272

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Northwest Rental Market Trends

--Average rent in Northwest

$2,072National average rent(July 31, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.