$10,000 Closing Credit*
$2,075,000
6,186 SqFt
6 Beds
•5 Full Baths, 1 Partial
Shannon Johnson, Listing Office: Compass RE Texas, LLC
Housing Prices in Southlake, TX
How much do homes in Southlake, TX cost?
Median List Price
$1,399,833
$345/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$106,500(+8.2%)
Key Takeaway
The list price of homes in Southlake has increased by 8.2% since last year.
Summary: The median home list price in Southlake was $1,399,833 in October 2024, up 8.2% from the previous year, and the median price per square foot was $345.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | - | N/A |
| 2 Bedrooms | $649.5K | $624.5K | -3.8% |
| 3 Bedrooms | $825K | $850K | +3.0% |
| 4 Bedrooms | $1.1M | $1.1M | +1.3% |
| 5+ Bedrooms | $1.7M | $2.0M | +11.4% |
Summary: Southlake housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 11.4%.
Median List Price Compared To Nearby Cities
| Colleyville | $899K | $996K | +10.8% |
| Southlake | $1.2M | $1.3M | +8.2% |
| Grapevine | $549.9K | $589.1K | +7.1% |
| Keller | $623.1K | $646.7K | +3.8% |
| Westlake | $3.4M | $3.4M | 0.0% |
Housing Supply in Southlake, TX
How many homes are available in Southlake, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 147 | 165 | +12.2% |
Summary: The Southlake real estate market had 165 homes for sale in October 2024, a 12.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 59 | 64 | +8.5% |
| 5+ Bedrooms | 65 | 79 | +21.5% |
Summary: The Southlake housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 21.5%.
Days on Market for Southlake, TX
How long does it take to sell a home in Southlake, TX?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 109 Days | 77 Days | -29.0% |
Summary: Homes in Southlake had an average listing age of 77 days in Oct 2024, down by 29% compared to the previous year.
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