Homes Under $500K in Westlake, FL
6 listings in Westlake
There are 6 homes under $500K for sale in Westlake, Florida right now, priced from $449K to $495K. The median list price is $482,445. That puts this segment 33% below the overall Westlake median of $722,990 across 99 active listings.
These homes average 1,680 square feet of living area. Average pricing runs $284 per square foot versus $301 citywide. The median year built is 2025.
This segment averages 39 days on market, 44 days faster than the Westlake average of 83. The median closed-sale price in Westlake is $622,450. Deals close at 98.0% of list price. The absorption rate is 13.9%.
The largest concentration is in Terraces Of Westlake, with 4 available listings. The rest is spread across 2 other communities.
María Delgado works the South Florida market daily and can send you the full list with photos, association documents and recent comparables — in English or Spanish.
Market overview
Total active
6
Avg price
$477,315.00
Median price
$482,445.00
Price range
$449,000.00 – $495,000.00
Avg $/sqft
$284.17
Luxury (1M+)
0
Market Pulse
Based on 114 closed sales in Westlake · last 12 months
💰
Median Sold Price
$622,450
from closed sales
📅
Avg. Days on Market
72 days
from list to contract
📊
Absorption Rate
13.9%
of inventory sold per month
🎯
Sale-to-List Ratio
98.0%
of asking price
Source: Spark MLS · Updated every 6h
6 listings in Westlake
↓ Price drop$490,000
16381 Mirabell Mnr Lane, Westlake, FL 33470 · Westlake · FL 33470
4 bd · 3 ba · 1,784 sqft
View details
↓ Price drop$465,000
4147 S Longwood Lake Square, Westlake, FL 33470 · Westlake · FL 33470
3 bd · 3 ba · 1,540 sqft
View details
↓ Price drop$474,900
4508 Longwood Lake Square, Westlake, FL 33470 · Westlake · FL 33470
3 bd · 3 ba · 1,540 sqft
New$449,000
16401 Allerton Alley, Westlake, FL 33470 · Westlake · FL 33470
3 bd · 3 ba · 1,536 sqft
View details
