Housing in Southlake, TX

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,306,000

Median List Price

$1,675,000

Price Per Sq Ft

$362

Days on Market

68

Active Inventory

81

Months of Supply

5.8

Balanced market

Zillow Home Value

$1,255,656

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 0.5%List Price 16.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

14.3%

Off Market in 2 Weeks

22.9%

Sale-to-List Ratio

97.5%

Buyer's market

Sold Above Asking
14.3%
Under Contract in 2 Wks
22.9%
Listings with Price Drops
13.6%

Market Activity

Source: Redfin

Homes Sold

14

New Listings

30

Pending Sales

35

Homes Sold 48.1%New Listings 37.5%Pending 16.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$362

Median List $/SF

$394

Sale $/SF 4.9%List $/SF 18.7%Mar 24Jan 26

Southlake vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Southlake is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$957,500

Median Rent

$3,501

Total Housing Units

9,782

Vacancy Rate

4.4%

Owner Occupied

95.5%

Renter Occupied

4.5%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$3,774

Housing Types

Single Family
95.6%
Multi-Family
3.1%
Mobile Home
1.3%

The current median sale price in Southlake, TX is $1,306,000 according to Redfin data. Homes spend a median of 68 days on the market. 14.3% of homes sold above asking price. The market has 5.8 months of supply. The median price per square foot is $362. The median rent is $3,501 per month (Census ACS). About 95.5% of housing units are owner-occupied. The median year homes were built is 1997. There are 9,782 total housing units.