Housing Prices in Southlake, TX

How much do homes in Southlake, TX cost?

Median List Price

$1,425,000

$347/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$141,500(+11.0%)

Key Takeaway

The list price of homes in Southlake has increased by 11% since last year.

Summary: The median home list price in Southlake was $1,425,000 in November 2024, up 11% from the previous year, and the median price per square foot was $347.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $230K-
N/A
2 $649.5K$650K
0.1%
3 $850K$900K
+5.9%
4 $1.1M$1.1M
+2.2%
5+ $1.7M$2.0M
+14.5%

Summary: Southlake housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 14.5%.

Median List Price Compared To Nearby Cities

Southlake
+11.0%
Colleyville
+11.0%
Grapevine
+7.1%
Keller
+3.3%
Westlake
0.1%

Housing Supply in Southlake, TX

How many homes are available in Southlake, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
158137-13.3%

Summary: The Southlake real estate market had 137 homes for sale in November 2024, a 13.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1812
-33.3%
4 5845
-22.4%
5+ 7775
-2.6%

Summary: The Southlake housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 22.4%, and 5+ bedroom homes decreased by 2.6%.

Days on Market for Southlake, TX

How long does it take to sell a home in Southlake, TX?

Average Listing Age

Nov 2023Nov 2024CHANGE
113 Days89 Days-21.0%

Summary: Homes in Southlake had an average listing age of 89 days in Nov 2024, down by 21% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Southlake, TX

Nearby Markets to Southlake, TX

What housing markets are near Southlake, TX?