New Listing
40
$999,999
1408 Brighton Ct
Southlake, TX 76092
4 bd3 ba2,904 sqft$344/ft²
House19,166 sqft lot
Erin Peabody · ALX Realty, PLLC
View photos & details
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Southlake, TX Housing Market
Seller's market+2.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Southlake, TX is worth $1.32M, rose 2.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $1.37M, +3.0% year over year (through May 2026). With 2.6 months of supply and homes going under contract in about 19 days, Southlake is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $1.32M home is about $7,035/mo in principal and interest.
Key numbers for Southlake, TX
Typical home value
$1.32M
+2.5% in 12 months
Zillow, August 2026
Typical asking rent
$5,894/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$1.37M
+3.0% year over year
Redfin, through May 2026
Days on market
19
Fast-moving
Redfin, through May 2026
Active listings
131
2.6 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$250,001
Home costs 5.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
99.0%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Southlake a buyer's or seller's market?
Seller's market2.6 months of supply19 days on market99.0% of asking
Southlake, TX is a seller's market, based on 2.6 months of supply and homes selling in about 19 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Southlake housing market data show?
Every row below is Redfin's final published month for Southlake, TX. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $1.37M |
| Median list price | $1.50M |
| Year-over-year price change | +3.0% |
| Median price per sq ft | $357/sq ft |
| Median days on market | 19 days |
| Active inventory | 131 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 99.0% |
| Homes sold (that month) | 51 |
| New listings (that month) | 58 |
| Listings with a price cut | 25.2% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Southlake is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Southlake is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Southlake home prices moved?
Over the last three years the median sale price in Southlake, TX rose 1.0%, from $1.35M to $1.37M. The live Zillow value series has rose 2.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 25.2% of Southlake listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.6 months while the sale-to-list ratio slips below its current 99.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Southlake?
Priced off the typical home value of $1.32M at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $263,559 | $1.05M | $7,035/mo |
| 5% | $65,890 | $1.25M | $8,354/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $7,035, that implies roughly $301,505 a year before you add taxes and insurance. The median household in Southlake earns $250,001, about $51,504 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.3x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Southlake in the next 12 months?
Tell us your timeline. We send the Southlake market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Southlake?
Typical asking rent in Southlake, TX is $5,894/mo, against a typical home value of $1.32M. That is a price-to-rent ratio of 18.6x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $7,035 a month — $1,142 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Southlake?
Active listings in Southlake, TX went from 172 in May 2025 to 131 in May 2026, a -23.8% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 175 | 66 |
| July 2025 | 157 | 42 |
| August 2025 | 158 | 47 |
| September 2025 | 144 | 30 |
| October 2025 | 140 | 30 |
| November 2025 | 128 | 33 |
| December 2025 | 99 | 15 |
| January 2026 | 95 | 31 |
| February 2026 | 118 | 58 |
| March 2026 | 130 | 72 |
| April 2026 | 134 | 75 |
| May 2026 | 131 | 58 |
Redfin, through May 2026
How does Southlake compare to Texas and the U.S.?
Southlake homes sell for $1.37M — 284% above the Texas median of $356,100. Against the national median of $410,700, Southlake runs 233% higher. Year-over-year, Southlake moved +3.0% against Texas's +2.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Southlake, TX | $1.37M | +3.0% | 19 days |
| Texas statewide | $356,100 | +2.1% | 56 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Southlake
What buyers should watch
- Months of supply, currently 2.6. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 25.2%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $1,319 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $1.32M home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Southlake listing goes under contract in 19 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 99.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Southlake added 58 new listings against 51 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +2.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Southlake varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Southlake
There are currently 131 homes listed for sale in Southlake, Texas. The median listing price is $1.5M. Featured listings range from $999,999 to $3,298,000.
New Listing
37
$1,395,000
1307 Hat Creek Trl
Southlake, TX 76092
6 bd4 ba3,779 sqft$369/ft²
House13,634 sqft lot
View photos & details
New Listing
40
$1,395,000
616 Honeysuckle Holw
Southlake, TX 76092
4 bd4 ba3,976 sqft$351/ft²
House23,914 sqft lot
View photos & details
New Listing
38
$1,425,000
1001 Hanover Dr
Southlake, TX 76092
4 bd4 ba4,406 sqft$323/ft²
House13,068 sqft lot
Monica Jordan · C21 Fine Homes Judge Fite
View photos & details
New Listing
40
$1,445,000
109 Churchill Cir
Southlake, TX 76092
4 bd4 ba3,747 sqft$386/ft²
House21,736 sqft lot
View photos & details
New Listing
40
$1,473,000
108 Waterford Dr
Southlake, TX 76092
4 bd4 ba3,524 sqft$418/ft²
House16,858 sqft lot
View photos & details
New Listing
40
$1,500,000
104 Harvard Dr
Southlake, TX 76092
4 bd4 ba4,099 sqft$366/ft²
House20,473 sqft lot
Frances Bankester · Compass RE Texas, LLC
View photos & details
New Listing
40
$1,510,000
115 Creekway Bnd
Southlake, TX 76092
5 bd5 ba4,478 sqft$337/ft²
House21,867 sqft lot
View photos & details
New Build
8
$2,250,000
1095 Westpark Cir S
Southlake, TX 76092
4 bd6 ba4,668 sqft$482/ft²
House11,326 sqft lot
View photos & details
New Listing
40
$2,350,000
521 Round Hollow Ln
Southlake, TX 76092
5 bd5 ba5,882 sqft$400/ft²
House27,661 sqft lot
View photos & details
New Listing
40
$2,620,000
908 Rhone Ln
Southlake, TX 76092
5 bd7 ba5,853 sqft$448/ft²
House17,076 sqft lot
Janelle Rawlston · Compass RE Texas, LLC.
View photos & details
New Listing
40
$3,298,000
816 Jamestown Ln
Southlake, TX 76092
6 bd6 ba6,672 sqft$494/ft²
House30,710 sqft lot
View photos & details
Looking to buy in Southlake?
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Active listings
131
Homes on market
Median list price
$1.5M
Avg. days on market
19
Days until sale
New this week
58
Newly listed
Price drops:25.2%of listings
Sale-to-list:99.0%
How much do homes cost in Southlake by property type?
How the Southlake, TX market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.37M | $357/sq ft | 49 | 19 days |
| Condo / co-op | $902,000 | $442/sq ft | 2 | 64 days |
| Townhouse | $1.74M | $424/sq ft | 1 | 7 days |
Who lives in Southlake?
American Community Survey estimates for Southlake. U.S. Census ACS, 2023
Population
31,044
Households
9,354
Median income
$250,001/yr
Median age
42.6 years
Owner-occupied
95.5%
Median home value
$957,500
Median gross rent
$3,501/mo
Mean commute
25.5 min
95.5% of occupied homes in Southlake are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $957,500 against Zillow's $1.32M typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $3,501/mo, below Zillow's $5,894/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Southlake?
12 schools tracked · 8,793 students
The largest public schools serving Southlake, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
CARROLL SENIOR H S
Grades 11-12 · 1,411 students
CARROLL H S
Grades 9-10 · 1,410 students
CARROLL MIDDLE
Grades 7-8 · 737 students
DON T DURHAM INT
Grades 5-6 · 665 students
JACK D JOHNSON EL
Grades K-4 · 662 students
CARROLL EL
Grades PK-4 · 630 students
WALNUT GROVE EL
Grades K-4 · 613 students
EUBANKS INT
Grades 5-6 · 594 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Southlake, TX?
Ordered by distance from Southlake, not by size. Compare Southlake side by side with any of them.
Which ZIP codes are in Southlake?
These are the ZIP codes we see on active Southlake listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Southlake housing market FAQ
Is Southlake a buyer's or seller's market?
Southlake, TX is currently a seller's market. That read comes from 2.6 months of supply, homes going under contract in about 19 days, and sellers getting 99.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Southlake?
The typical home in Southlake, TX is worth $1.32M (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $1.37M, about $357 per square foot.
Is Southlake cheaper than the rest of Texas?
Southlake's median sale price of $1.37M is 284% higher than the Texas statewide median of $356,100, and 233% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Southlake?
Homes in Southlake, TX spent a median of 19 days on market before going under contract, versus 56 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Southlake?
At the current 30-year fixed rate of 7.03%, 20% down on a $1.32M home is about $7,035 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $301,505 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $250,001.
Are home prices rising in Southlake?
The typical home value in Southlake, TX rose 2.5% over the last 12 months, from $1.29M to $1.32M (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Southlake?
Southlake ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Southlake?
That depends on your timeline, not on a headline. What the data says today: Southlake, TX is a seller's market with 2.6 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 18.6x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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