Southlake, TX Housing Market — 395 Homes Sold (September 2025 – September 2026)
Sellers have the edge: 17.5% of homes beat their asking price and the typical sale takes just 14 days.
Southlake market at a glance
- Homes sold (12 months): 395
- Median sale price: $1,350,000 (about $7,680/month with 10% down at a 6.5% 30-year rate, principal & interest)
- Median price per square foot: $360
- Median days on market (list to contract): 14; 34.7% went under contract within a week
- Sold over asking: 17.5% · Sold under asking: 67.8%
- Typical home: 4 bed, 3,970 sqft, built 1998, mostly Carroll ISD
- Price range of sales: $295,000 – $12,700,000
- On the market right now: 131 active listings, 35 under contract, 4 months of supply, median asking $2,599,000
- How buyers paid: Conventional 62%, FHA 0%, VA 3.3%, Cash 33.4%, Other 1.3%
- Seller contributions: 37.7% of sellers chipped in, typically $7,250
- Contract to close: about 29 days
- Median rent (same home types, 145 closed leases): $6,250/month — owning the median home runs about $7,680/month principal & interest with 10% down
- HOA: 77% of sales had a mandatory HOA, typically $116/month
- New construction: 2.8% of sales, median $3,350,000 vs $1,325,000 resale
Five-year price history in Southlake
Median sale price by quarter: 2022 Q1: $1,175,000 · 2023 Q1: $1,250,000 · 2024 Q1: $1,365,000 · 2025 Q1: $1,215,000 · 2026 Q1: $1,318,500 · 2026 Q3: $1,385,000.
Median price by elementary school zone
- Carroll: 91 sales, median $1,320,000, $341/sqft
- Walnut Grove: 74 sales, median $1,427,600, $375/sqft
- Johnson: 67 sales, median $1,735,000, $416/sqft
- Rockenbaug: 56 sales, median $1,300,000, $341/sqft
- Florence: 48 sales, median $982,500, $308/sqft
- Oldunion: 33 sales, median $1,500,000, $362/sqft
- Durham: 17 sales, median $1,246,250, $333/sqft
Pricing right vs. cutting the price in Southlake
Sellers who held their original asking price sold in 9 days at 99.1% of ask. Sellers who overpriced and later cut took 77 days and kept 90.8% of the original ask — roughly $114,100 left on the table on a typical Southlake listing.
Most active Southlake neighborhoods
- Timarron Add: 44 sales, median $1,312,000, 16 days on market
- Stone Lakes Add: 19 sales, median $1,260,000, 10 days on market
- South Ridge Lakes Add: 18 sales, median $1,242,500, 27 days on market
- Carillon: 13 sales, median $1,620,000, 8 days on market
- Myers Meadow Add: 12 sales, median $1,185,000, 21 days on market
- Timber Lake Add: 9 sales, median $1,200,000, 20 days on market
- Watermere At Southlake Condo: 9 sales, median $405,000, 37 days on market
- Southlake Woods Add: 8 sales, median $1,375,000, 25 days on market
Nearby markets
Fort Worth · Arlington · Mansfield · North Richland Hills · Crowley · Azle · Keller · Bedford
Common questions
Is now a good time to buy in Southlake? Sellers have the edge: 17.5% of homes beat their asking price and the typical sale takes just 14 days.
What does the typical Southlake home cost? $1,350,000 — about $360 per square foot, or roughly $7,680/month with 10% down before taxes and insurance.
How fast do homes sell in Southlake? The typical home went under contract in 14 days; 34.7% sold within the first week.
Is it cheaper to rent or buy in Southlake? The median Southlake lease ran $6,250/month this year, while principal and interest on the median $1,350,000 home is roughly $7,680/month with 10% down, before taxes and insurance.
Source: NTREIS MLS closed sales, September 3 2025 – September 3 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.