Housing Prices in Southlake, TX
How much do homes in Southlake, TX cost?
Median List Price
$1,398,833
$334/sqft
Based on all homes listed in the last 12 months.
Difference Since April 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 $1,398,833 in April 2024, up 7.9% from the previous year, and the median price per square foot was $334.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | - | N/A |
| 2 Bedrooms | $550K | $660K | +20.0% |
| 3 Bedrooms | $897.5K | $925K | +3.1% |
| 4 Bedrooms | $1.1M | $1.1M | 0.0% |
| 5+ Bedrooms | $1.7M | $1.8M | +10.0% |
Summary: Southlake housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 3.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 10%.
Median List Price Compared To Nearby Cities
| Keller | $600K | $649.9K | +8.3% |
| Southlake | $1.2M | $1.3M | +7.9% |
| Grapevine | $535.5K | $570.7K | +6.6% |
| Colleyville | $899K | $938.9K | +4.4% |
| Westlake | $3.4M | $3.4M | +1.6% |
Housing Supply in Southlake, TX
How many homes are available in Southlake, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 142 | 176 | +23.9% |
Summary: The Southlake real estate market had 176 homes for sale in April 2024, a 23.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 51 | 56 | +9.8% |
| 5+ Bedrooms | 71 | 96 | +35.2% |
Summary: The Southlake housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 9.8%, 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 89 Days | 60 Days | -32.7% |
Summary: Homes in Southlake had an average listing age of 60 days in Apr 2024, down by 32.7% compared to the previous year.
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