Southlake, TX housing market
The typical Southlake home is worth about $1,318,000, up 4.1% in a year, 340% above the Texas typical home. Homes typically sell in 19 days, close to asking.
Home values, sales, trends and how Southlake compares with the towns next door — updated as new data is published.
Southlake at a glance
A seller's market
Supply is tight — about 2.6 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Southlake | Texas |
|---|---|---|
| 2017 | $663,000 | $190,000 |
| 2018 | $694,000 | $202,000 |
| 2019 | $710,000 | $214,000 |
| 2020 | $735,000 | $223,000 |
| 2021 | $802,000 | $242,000 |
| 2022 | $1,036,000 | $286,000 |
| 2023 | $1,157,000 | $313,000 |
| 2024 | $1,200,000 | $311,000 |
| 2025 | $1,267,000 | $311,000 |
| 2026 | $1,301,000 | $303,000 |
| August 2026 | $1,318,000 | $299,000 |
Southlake and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Southlake | $1.32M | +4.1% | 19 | $250,001 |
| Grapevine | $553K | +2.2% | 26 | $111,376 |
| Colleyville | $919K | +3.7% | 22 | $218,328 |
| Keller | $654K | +1.8% | 25 | $174,950 |
| Westlake | $3.19M | +1.8% | 49 | $250,001 |
| Trophy Club | $693K | −0.8% | 34 | $201,054 |
5.3 years of income
The typical Southlake home costs about 5.3 years of the town's median household income, more than across Texas (3.8 years).
How Southlake ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.