Southlake, TX Housing Market: 409 Homes Sold (September 2025 to September 2026)
Sellers have the edge: 17.1% of homes beat their asking price and the typical sale takes just 13 days.
Southlake market at a glance
- Homes sold (12 months): 409
- Median sale price: $1,365,000 (about $7,765/month with 10% down at a 6.5% 30-year rate, principal & interest)
- Median price per square foot: $364
- Median days on market (list to contract): 13; 36.7% went under contract within a week
- Sold over asking: 17.1% · Sold under asking: 67.5%
- Typical home: 4 bed, 3,929 sqft, built 1998, mostly Carroll ISD
- Price range of sales: $295,000 – $11,300,000
- On the market right now: 127 active listings, 24 under contract, 3.7 months of supply, median asking $2,499,999
- How buyers paid: Conventional 59.4%, FHA 0%, VA 3.2%, Cash 35.9%, Other 1.5%
- Seller contributions: 36.4% of sellers chipped in, typically $6,700
- Contract to close: about 29 days
- Median rent (same home types, 146 closed leases): $6,400/month. Owning the median home runs about $7,765/month principal & interest with 10% down
- HOA: 76.3% of sales had a mandatory HOA, typically $120/month
- New construction: 3.9% of sales, median $3,487,500 vs $1,350,000 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 Q4: $1,148,000.
Median price by elementary school zone
- Carroll: 91 sales, median $1,335,000, $341/sqft
- Johnson: 74 sales, median $1,742,500, $431/sqft
- Walnut Grove: 74 sales, median $1,500,000, $379/sqft
- Rockenbaug: 58 sales, median $1,300,000, $341/sqft
- Florence: 52 sales, median $982,500, $302/sqft
- Oldunion: 35 sales, median $1,400,000, $361/sqft
- Durham: 16 sales, median $1,282,000, $340/sqft
Pricing right vs. cutting the price in Southlake
Sellers who held their original asking price sold in 8 days at 99.1% of ask. Sellers who overpriced and later cut took 88 days and kept 90.7% of the original ask, roughly $115,800 left on the table on a typical Southlake listing.
Most active Southlake neighborhoods
- Timarron Add: 47 sales, median $1,300,000, 11 days on market
- Stone Lakes Add: 16 sales, median $1,262,500, 10 days on market
- South Ridge Lakes Add: 15 sales, median $1,252,000, 15 days on market
- Carillon: 14 sales, median $1,622,500, 7 days on market
- Myers Meadow Add: 12 sales, median $1,185,000, 21 days on market
- Timber Lake Add: 11 sales, median $1,200,000, 20 days on market
- Watermere At Southlake Condo: 11 sales, median $436,300, 37 days on market
- Cross Timber Hills Add: 8 sales, median $1,270,000, 13 days on market
Nearby markets
Fort Worth · Arlington · Mansfield · North Richland Hills · Crowley · Keller · Azle · Bedford
Common questions
Is now a good time to buy in Southlake? Sellers have the edge: 17.1% of homes beat their asking price and the typical sale takes just 13 days.
What does the typical Southlake home cost? $1,365,000, about $364 per square foot, or roughly $7,765/month with 10% down before taxes and insurance.
How fast do homes sell in Southlake? The typical home went under contract in 13 days; 36.7% sold within the first week.
Is it cheaper to rent or buy in Southlake? The median Southlake lease ran $6,400/month this year, while principal and interest on the median $1,365,000 home is roughly $7,765/month with 10% down, before taxes and insurance.
Source: NTREIS MLS closed sales, September 5 2025 to September 5 2026. Aggregate data only; Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Text Ryan · Call/text (972) 974-1821.