Southlake Housing Market Report December 2024•Tarrant County, Texas

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Housing Prices in Southlake, TX

How much do homes in Southlake, TX cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$1,400,000$347/SqFt
+$102,333
+7.9%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Southlake has increased by 7.9% since last year.

Summary: The median home list price in Southlake was $1,400,000 in December 2024, up 7.9% from the previous year, and the median price per square foot was $347.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Colleyville
+13.7%
Grapevine
+8.2%
Southlake
+7.9%
Keller
+2.0%
Westlake
0.1%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$230K-
N/A
2$660K$624.5K
-5.4%
3$872.5K$874.5K
0.2%
4$1.1M$1.1M
+2.2%
5$1.7M$1.9M
+11.3%

Summary: Southlake housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -5.4%. The home price for 3 bedroom homes increased by 0.2%. The home price for 4 bedroom homes increased by +2.2%. The home price for 5 bedroom homes increased by +11.3%.

Housing supply in Southlake, TX

How many homes are available in Southlake, TX?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
113Last MonthDec 2024
1212 months agoNov 2024
-6.6 %
Change MoMNov – Dec

Summary: The Southlake real estate market had 113 homes for sale in Dec 2024, a 6.6 % decrease compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
244
0.0%
31013
+30.0%
44435
-20.5%
56361
-3.2%

Summary: Southlake housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +30.0%. The inventory for 4 bedroom homes decreased by -20.5%. The inventory for 5 bedroom homes decreased by -3.2%.

Days on Market for Southlake, TX

How long does it take to sell a home in Southlake, TX?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
101 DaysThis YearDec 2024
126 Days1 year agoDec 2023
-19.9 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Southlake had an average listing age of 101 days in Dec 2024, down by 19.9% compared to the previous year.

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Newest Listings in Southlake, TX

What homes are available in Southlake, TX?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from North Texas Real Estate Information Systems Inc., and Houston REALTORS® Information Service for the period 01/01/2023 - 01/01/2025

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 1/17/2025, 10:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2025 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 1/17/2025, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.