Westlake Hills First-Time Homebuyer Report for October

Westlake Hills is a neighborhood in Richmond with a median income of $41,807 per household. Besides being somewhat affluent, its population is younger than others with a median age of 39 years. The Westlake Hills market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The top school in the neighborhood is Clark Springs Elementary School.

Price Range

Homes in Westlake Hills are worth a median of $139,236, similar to other parts of Richmond. Additionally, the list prices of available homes is currently at an average of $214,960. The Westlake Hills reported another 30-day period of zero home sales this week. Westlake Hills usually averages 1.8 sales per month.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Westlake Hills:

$269K   $212K   $219K  

Typical Dwelling

A three-bedroom detached home valued around $195,625 is considered a typical dwelling in Westlake Hills. If a buyer was looking for a similar home, they would need good credit and a $39,125 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $76 and the property tax rate is $12.69 per $1,000 of taxable assessed value.

Get started right now by checking out Westlake Hills homes for sale or reviewing Westlake Hills real estate trends.


Data reported through 10/13/2016

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Ask a local expert about this area:
Joyner Fine Properties
Snapped 1 home in this area

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