Southlake, TX Housing Market — 426 Homes Sold (July 2025 – July 2026)
A fair fight: well-priced homes move in about 18 days, and 16.2% still beat asking.
Southlake market at a glance
- Homes sold (12 months): 426
- Median sale price: $1,332,500 (about $7,580/month with 10% down at a 6.5% 30-year rate, principal & interest)
- Median price per square foot: $356
- Median days on market (list to contract): 18; 32.2% went under contract within a week
- Sold over asking: 16.2% · Sold under asking: 70%
- Typical home: 4 bed, 3,991 sqft, built 1998, mostly Carroll ISD
- Price range of sales: $295,000 – $12,700,000
Pricing right vs. cutting the price in Southlake
Sellers who held their original asking price sold in 9 days at 98.7% of ask. Sellers who overpriced and later cut took 66 days and kept 90.3% of the original ask — roughly $117,900 left on the table on a typical Southlake listing.
Most active Southlake neighborhoods
- Timarron Add: 47 sales, median $1,300,000, 25 days on market
- Stone Lakes Add: 21 sales, median $1,200,000, 10 days on market
- South Ridge Lakes Add: 20 sales, median $1,250,000, 27 days on market
- Timber Lake Add: 13 sales, median $1,200,000, 15 days on market
- Carillon: 12 sales, median $1,472,500, 8 days on market
- Myers Meadow Add: 12 sales, median $1,125,000, 29 days on market
- Watermere At Southlake Condo: 10 sales, median $400,000, 28 days on market
- Southlake Woods Add: 9 sales, median $1,400,000, 14 days on market
Common questions
Is now a good time to buy in Southlake? A fair fight: well-priced homes move in about 18 days, and 16.2% still beat asking.
What does the typical Southlake home cost? $1,332,500 — about $356 per square foot, or roughly $7,580/month with 10% down before taxes and insurance.
How fast do homes sell in Southlake? The typical home went under contract in 18 days; 32.2% sold within the first week.
Source: NTREIS MLS closed sales, July 14 2025 – July 14 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 60 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.