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Median Home Price in Lakeway, TX

The median home value in Lakeway, TX is $747,050 as of 2026-07-31, down 1.01% from a year earlier.

View Lakeway on the interactive city map →

Median Home Value

$747,050

Year-over-Year

-1.01%

Population

19,170

Lakeway ranks #9 of 346 Texas cities tracked here by median home value, and sits 175.1% above the state's city median of $271,560. It sits in Travis County, where the county-wide median is $473,077.

Housing affordability in Lakeway

Median household income in Lakeway is $190,060, so the typical home value is about 3.9× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Lakeway

Lakeway police recorded a violent crime rate of 78 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 1,221 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Lakeway

What is the average home price in Lakeway, TX?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Lakeway, that value is $747,050. That's down 1.01% from a year earlier. It is about 175.1% above the typical Texas city tracked here.

Is Lakeway expensive compared to the surrounding area?

Homes in Lakeway are more expensive than Travis County as a whole, where the median is $473,077 — a difference of about 57.9%.

Is Lakeway affordable?

Median household income here is $190,060, so the typical home value is about 3.9× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Lakeway a safe place to live?

Lakeway police reported 78 violent crimes per 100,000 residents, covering a population of about 19,170. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in TX

Parker · Colleyville · Terrell Hills · Prosper · Alamo Heights · Heath · Fair Oaks Ranch · Horseshoe Bay