Housing Prices in Southlake, TX
How much do homes in Southlake, TX cost?
Median List Price
$1,393,166
$330/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Southlake has increased by 7.9% since last year.
Summary: The median home list price in Southlake was $1,393,166 in March 2024, up 7.9% from the previous year, and the median price per square foot was $330.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $230K | 0.0% |
| 2 Bedrooms | $1.1M | $660K | -40.0% |
| 3 Bedrooms | $900K | $959.9K | +6.7% |
| 4 Bedrooms | $1.1M | $1.1M | 0.0% |
| 5+ Bedrooms | $1.6M | $1.8M | +11.3% |
Summary: Southlake housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 6.7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 11.3%.
Median List Price Compared To Nearby Cities
| Keller | $599.9K | $649.9K | +8.3% |
| Southlake | $1.2M | $1.3M | +7.9% |
| Grapevine | $525K | $559.8K | +6.6% |
| Westlake | $3.3M | $3.5M | +3.7% |
| Colleyville | $899K | $899.9K | 0.1% |
Housing Supply in Southlake, TX
How many homes are available in Southlake, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 117 | 143 | +22.2% |
Summary: The Southlake real estate market had 143 homes for sale in March 2024, a 22.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 44 | 51 | +15.9% |
| 5+ Bedrooms | 54 | 73 | +35.2% |
Summary: The Southlake housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 35.2%.
Days on Market for Southlake, TX
How long does it take to sell a home in Southlake, TX?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 100 Days | 65 Days | -34.9% |
Summary: Homes in Southlake had an average listing age of 65 days in Mar 2024, down by 34.9% compared to the previous year.
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