Northlake TX Real Estate Market Report: August 2026
Thirty-one homes closed in Northlake in August 2026 at a median price of $652,000 — the highest median in the Alliance corridor and nearly double neighboring Haslet. But Northlake is also a buyer's market at 6.4 months of supply, and one community accounts for more than half of everything that happened. Here are the numbers.
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Every chart below is live in the interactive version — filter to your own neighborhood and watch every number update, from Pecan Square to The Highlands.
The Short Answer: What Happened in the Northlake Market in August 2026
- 31 homes closed across Northlake, totaling $22.2 million in sales volume — the highest dollar volume per sale of any market in the corridor.
- Median sold price was $652,000 at $206 per square foot. The typical home that sold was 3,163 square feet.
- 197 homes are active and 23 are under contract, putting Northlake at 6.4 months of supply — a buyer's market.
- Pecan Square accounts for 52% of all closings and 59% of all active inventory. No other Northlake community comes close.
- There is essentially no entry-level market. Exactly one home closed under $300,000 all month, and nothing under $300,000 is currently active.
The one-line takeaway: Northlake is the corridor's premium market, and premium markets correct differently. Demand has not vanished — 23 homes are under contract right now. But with 197 active listings and a builder still delivering new phases, buyers set the pace, and the sellers who price to the closed comps rather than the neighbors' asking prices are the ones getting to the table.
Northlake Home Prices by Community, August 2026
Subdivision phases are combined the way buyers think about them — every "Pecan Square Ph 2b-1," "Ph 3c" and "Ph 4a" counts as Pecan Square.
Community | Sold | Median Price | $/Sq Ft | Active | Months Supply |
|---|---|---|---|---|---|
Hawthorne Estates | 1 | $1,570,000 | $384 | 6 | 6.0 |
Prairie View Farms | 1 | $1,075,000 | $272 | 3 | 3.0 |
The Highlands | 3 | $1,039,000 | $337 | 9 | 3.0 |
Stardust Ranch | 2 | $915,000 | $296 | 2 | 1.0 |
The Ridge at Northlake | 4 | $667,855 | $194 | 26 | 6.5 |
Pecan Square | 16 | $589,000 | $193 | 116 | 7.2 |
Canyon Falls | 4 | $554,000 | $206 | 20 | 5.0 |
Creek Meadows | 0 | — | — | 6 | — |
Harvest | 0 | — | — | 5 | — |
Read the thin rows carefully. Northlake had 31 sales last month. Hawthorne Estates and Prairie View Farms each had exactly one closing — real numbers, but one house is a data point, not a trend. Weigh their active listings more heavily than their sold price. Pecan Square, with 16 closings, is the only community here with genuinely robust comps.
Pecan Square Market Update: The Community That Is Northlake
Pecan Square is not simply the largest neighborhood in Northlake. It is the market. Sixteen of the town's 31 August closings happened there, and it holds 116 of the 197 active listings — more standing inventory than every other Northlake community combined, more than twice over.
- 16 Pecan Square homes closed in August 2026 at a median of $589,000, or $193 per square foot. The typical home was 3,125 square feet, and sales ranged from $299,900 to $840,000.
- 116 homes are active and 8 are under contract.
- At 7.2 months of supply, Pecan Square is the most oversupplied large community in Northlake.
The number that gets misread. Pecan Square sellers are asking a median of $550,000 while buyers closed at $589,000 — which looks like sellers are underpricing. They are not.
The homes still on the market are simply smaller: a median of 2,767 square feet active against 3,125 sold, with 37% of active listings under 2,500 square feet versus 25% of the ones that closed. The active inventory is weighted toward smaller new-build product, which drags the asking median down.
Compare per square foot and the real picture appears: sellers are asking $211 per square foot against the $193 buyers actually paid — a 9% premium over what the market cleared. In a community this large, price per foot is the only comparison that holds.
Northlake Price Bands: Where the Competition Is
Price Band | Sold in Aug | Under Contract | Active | Months Supply | Condition |
|---|---|---|---|---|---|
Under $300K | 1 | 0 | 0 | — | No inventory |
$300K–$400K | 0 | 1 | 11 | — | No August closings |
$400K–$500K | 5 | 5 | 30 | 6.0 | Buyer's market |
$500K–$700K | 11 | 10 | 79 | 7.2 | Buyer's market |
$700K–$1M | 10 | 3 | 45 | 4.5 | Healthiest band |
$1M+ | 4 | 4 | 32 | 8.0 | Most oversupplied |
The luxury tier is the surprise. In most markets the top end is where inventory is thinnest. In Northlake it is the opposite: 32 homes are active above $1 million against 4 August sales — 8.0 months of supply, the most oversupplied band in town. If you are listing a luxury home in The Highlands, Hawthorne Estates or Creek Meadows this fall, that is your competitive reality.
Meanwhile $700,000 to $1 million is the healthiest band at 4.5 months, with 10 closings. That is where Northlake's demand is genuinely concentrated right now.
What Buyers Paid by Bedroom Count
Four-bedroom homes are the heart of this market: 21 of 31 closings, at a median of $623,710 and $202 per square foot. Five-bedroom-plus homes closed at a median of $701,495 ($198/sq ft).
One caveat worth flagging: the three-bedroom median reads $1,039,000, which is higher than four- and five-bedroom homes. That is not a pricing anomaly — all three of August's three-bedroom closings were acreage estates in The Highlands and Stardust Ranch, where the lot drives the price, not the bedroom count. It is a good reminder that in Northlake, land is a bigger price factor than floor plan.
Northlake vs. Justin vs. Haslet: Three Markets, Three Stories
These three towns sit within fifteen minutes of each other in the Alliance corridor, and they are behaving completely differently. If you are relocating within North Texas, this comparison matters more than any one report on its own.
Metric | Northlake | Justin (76247) | Haslet (76052) |
|---|---|---|---|
Median sold price | $652,000 | $430,000 | $372,900 |
Homes sold in August | 31 | 40 | 100 |
Median $/sq ft | $206 | $180 | $174 |
Active listings | 197 | 246 | 356 |
Months of supply | 6.4 | 6.2 | 3.6 |
Market condition | Buyer's | Buyer's | Seller's |
Northlake is the premium market — 75% above Haslet's median and the highest price per foot of the three. It is also the slowest, at 31 sales. Haslet moves more than three times the volume at roughly half the price and remains a seller's market. Justin sits between the two on price and alongside Northlake on supply.
Is Northlake TX a Buyer's Market or a Seller's Market?
Northlake is a buyer's market at 6.4 months of supply as of August 2026. The honest breakdown by segment:
- Buyers hold real leverage from $400,000 to $700,000 (6.0 to 7.2 months) and above $1 million (8.0 months).
- The market is closest to balanced between $700,000 and $1 million at 4.5 months.
- Low-inventory pockets still favor sellers — Stardust Ranch at 1.0 months and The Highlands at 3.0.
- 23 homes are under contract heading into September. Demand exists; it is simply selective.
Thinking about selling in Northlake?
At 6.4 months of supply, pricing to the closed comps is everything.
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Thinking about buying?
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Wondering where your Northlake home lands in all this?
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Northlake TX Real Estate FAQ
What is the median home price in Northlake TX?
The median sold price in Northlake was $652,000 in August 2026, based on 31 closed sales, at a median of $206 per square foot. That is the highest median in the Alliance corridor. See the full breakdown by neighborhood in the interactive August 2026 Northlake market report.
Is Northlake TX a buyer's market or a seller's market?
Northlake is a buyer's market at 6.4 months of supply as of August 2026, with 197 active listings against 31 monthly sales. The $1 million-plus range is the most oversupplied at 8.0 months. The $700,000 to $1 million band is healthiest at 4.5 months.
How many homes sold in Northlake in August 2026?
31 homes closed in Northlake in August 2026, representing $22.2 million in total sales volume. Another 23 homes were under contract at month's end.
What is the average home price in Pecan Square, Northlake?
Pecan Square homes closed at a median of $589,000 in August 2026 ($193 per square foot), with 16 sales ranging from $299,900 to $840,000. Pecan Square has 116 active listings and 7.2 months of supply, and accounts for 59% of all active inventory in Northlake. Get a free valuation on your Pecan Square home.
Why is the Pecan Square asking price lower than the sold price?
Because the active listings are smaller homes. Pecan Square's active median is 2,767 square feet versus 3,125 square feet for homes that closed, and 37% of active listings are under 2,500 square feet. Per square foot, sellers are actually asking $211 against the $193 buyers paid — a 9% premium, not a discount.
How much inventory is on the market in Northlake?
197 homes are active and 23 are under contract in Northlake as of September 1, 2026 — 220 homes total. Pecan Square accounts for 116 of the active listings, The Ridge at Northlake 26 and Canyon Falls 20. Search current Northlake and Denton area listings.
How does Northlake compare to Haslet and Justin?
Northlake has the highest median at $652,000, versus $430,000 in Justin and $372,900 in Haslet, and the highest price per square foot at $206. It is also the slowest of the three at 31 monthly sales. Northlake and Justin are both buyer's markets; Haslet remains a seller's market at 3.6 months of supply.
Which Northlake neighborhood sells the fastest?
By months of supply, Stardust Ranch is the tightest at 1.0 months, followed by The Highlands and Prairie View Farms at 3.0 months. These are acreage-estate communities with very limited inventory, in contrast to Pecan Square at 7.2 months.
Who is the best REALTOR® in Northlake and the Alliance Area?
Cathy Carter is the #1 REALTOR® in Haslet, the Alliance Area, and North Fort Worth, and serves Northlake, Justin, Roanoke, Keller, Park Glen, Fossil Creek and Summerfields. She is Broker and Founder of Carter Signature Properties, ranks in the top 1% of Texas agents, and has more than 20 years of production. Reach her at 972-358-6420 or [email protected], request a free home valuation, or search Northlake homes.
Data sourced from NTREIS MLS for the period August 1–31, 2026, pulled September 1, 2026. Northlake spans multiple ZIP codes, primarily 76226 and 76247. Subdivision phases have been combined into single communities. August 2026 produced 31 closed sales in this market; communities with a single closing are directional only and should be read alongside active inventory rather than on their own. Information deemed reliable but not guaranteed. This report is not an appraisal and is not a substitute for one. Market conditions change and individual results vary by home, condition and location. Equal Housing Opportunity.
© 2026 Carter Signature Properties. Cathy Carter, Broker / Founder · 972-358-6420 · [email protected] · cartersignatureproperties.com
