House Prices

First Neighborhood Westlake Village, CA House Prices & Home Values 2026


Average Data

average house price$1,866,779
average size per house2487 ft²
average price per ft²753 $ / ft²

04/05/2026 - The value range (VR) for house prices in First Neighborhood Westlake Village, CA is $715.35/ sqft to $790.65/ sqft. An average home with 2487 sqft costs approximately $1,784,413 to $1,972,246. Westlake Village, CA includes 1 ZIP codes and it is located in Ventura county. The lowest prices are found in ZIP 91361, while the highest are in ZIP 91361. The average price per sqare feet is $753. Our analysis is based on 19 property listings.

Avergage prices by ZIP codes First Neighborhood Westlake Village

91361892 $ / ft²




Historical development of home values in First Neighborhood Westlake Village

Year Estimated value (USD) Change vs. 2025
2010 $866,966 -53.6%
2011 $833,440 -55.4%
2012 $831,196 -55.5%
2013 $862,264 -53.8%
2014 $905,140 -51.5%
2015 $951,595 -49.0%
2016 $1,001,256 -46.4%
2017 $1,055,297 -43.5%
2018 $1,113,640 -40.3%
2019 $1,165,278 -37.6%
2020 $1,225,517 -34.4%
2021 $1,393,893 -25.3%
2022 $1,624,967 -13.0%
2023 $1,713,603 -8.2%
2024 $1,812,737 -2.9%
2025 $1,866,779 0.0%

Graph: estimated home values in First Neighborhood Westlake Village over time (USD)



Example: 100% financing house in First Neighborhood Westlake Village

Loan amount: $1,866,779

Interest rate: 6.02%

Fixed monthly payment: $11,213.90

Breakdown in the 1st month:
Interest portion: $9,361.90  –  Principal portion: $1,852.00

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $111,719.40 $22,847.35 $1,843,931.65
2 $110,305.88 $24,260.87 $1,819,670.79
3 $108,804.91 $25,761.84 $1,793,908.95
4 $107,211.08 $27,355.67 $1,766,553.28
5 $105,518.64 $29,048.11 $1,737,505.17
6 $103,721.49 $30,845.26 $1,706,659.92
7 $101,813.16 $32,753.59 $1,673,906.33
8 $99,786.76 $34,779.99 $1,639,126.34
9 $97,634.99 $36,931.76 $1,602,194.58
10 $95,350.10 $39,216.65 $1,562,977.93
11 $92,923.85 $41,642.90 $1,521,335.02
12 $90,347.48 $44,219.27 $1,477,115.76
13 $87,611.73 $46,955.02 $1,430,160.73
14 $84,706.71 $49,860.04 $1,380,300.70
15 $81,621.97 $52,944.78 $1,327,355.92
16 $78,346.39 $56,220.36 $1,271,135.56
17 $74,868.15 $59,698.60 $1,211,436.96
18 $71,174.72 $63,392.03 $1,148,044.92
19 $67,252.78 $67,313.97 $1,080,730.95
20 $63,088.20 $71,478.55 $1,009,252.40
21 $58,665.97 $75,900.78 $933,351.62
22 $53,970.14 $80,596.61 $852,755.01
23 $48,983.79 $85,582.96 $767,172.04
24 $43,688.94 $90,877.81 $676,294.24
25 $38,066.52 $96,500.23 $579,794.01
26 $32,096.24 $102,470.51 $477,323.50
27 $25,756.60 $108,810.15 $368,513.35
28 $19,024.74 $115,542.01 $252,971.33
29 $11,876.38 $122,690.36 $130,280.97
30 $4,285.78 $130,280.97 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in First Neighborhood Westlake Village, CA


1500 sqft3900 sqft
Ø selling price$1,370,796$2,916,055
Ø fast selling$1,246,178$2,624,450
Ø high price sale$1,495,413$3,207,661

In 2026, houses in First Neighborhood Westlake Village, CA will be offered at an average price of $753 per square foot. A 1,500 sqft home priced at $1,370,796 is 23.07% more expensive per square foot than a 3,900 sqft home priced at $2,916,055. Home prices in First Neighborhood Westlake Village, CA vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $2,018,808. Sellers who can wait longer may achieve a higher price of up to $2,467,432.


First Neighborhood, Westlake Village, CA

Overview

The First Neighborhood in Westlake Village, CA is one of the area?s original master?planned communities, known for tree?lined greenbelts and quiet cul?de?sacs.
Residents enjoy exceptional walkability to Westlake Lake, parks, and village amenities, creating a relaxed, family?friendly lifestyle.

Location and Lifestyle

Centrally located near the 101 freeway in the Conejo Valley, the neighborhood offers an easy commute to greater Los Angeles and nearby employment hubs.
Wide greenbelts, pocket parks, and the First Neighborhood Community Center support an outdoorsy vibe with year?round recreation.

Homes and Real Estate

Housing here features classic single?family homes?primarily one?story ranch and two?story designs?attracting buyers searching homes for sale in Westlake Village who want updates plus mid?century character.
Well?kept streets and an active HOA maintain common areas and curb appeal, making First Neighborhood real estate consistently desirable.

Schools and Community

Families value assignment to the Las Virgenes Unified School District, with convenient access to White Oak Elementary, Lindero Canyon Middle, and Agoura High.
Neighborhood events and community gatherings at the center foster connections and a welcoming atmosphere.

Amenities and Conveniences

Everyday conveniences are minutes away at Westlake Plaza and The Promenade at Westlake, along with dining at local favorites like the Westlake Village Inn and Stonehaus.
From lakeside walks to nearby Santa Monica Mountains trailheads, plus pools, playgrounds, and meandering paths, First Neighborhood blends convenience with SoCal recreation.



FAQ – Home Values in First Neighborhood Westlake Village

What is the median home value in First Neighborhood Westlake Village in 2026?

In 2026, the typical home value in First Neighborhood Westlake Village is about $1,866,779 for an average home size of 2487 square feet. This corresponds to an average price of roughly $753 per square foot.

What is the average cost per square foot in First Neighborhood Westlake Village?

In 2026, homes in First Neighborhood Westlake Village sell for an average of around $753 per square foot, with a typical range between $715.35 and $790.65 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in First Neighborhood?

The average home size in First Neighborhood Westlake Village is about 2487 square feet, with an estimated 2026 value around $1,866,779.



Neighborhoods close to First Neighborhood Westlake Village, CA

Lang Ranch Thousand Oaks, CA436 $ / ft²
Vista de Oro Woodland Hills, CA463 $ / ft²
Capri Oak Park, CA502 $ / ft²
Wildwood Thousand Oaks, CA443 $ / ft²
Melody Acres Tarzana, CA563 $ / ft²
Valencia Northpark Valencia, CA346 $ / ft²
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