Southlake, TX—76092
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Southlake, TX
As of Oct '25, the median home price in Southlake, TX is $1,246,000, with a year-over-year change of 1.9%. This indicates that home prices in Southlake, TX are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,246,000 | 1.9% |
| Single Family | $1,254,000 | 1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $548,000 | 5.0% |
3 Bed | $911,000 | 2.9% |
4 Bed | $1,145,000 | 1.7% |
| 5 Bed | $1,621,000 | 1.8% |
% of Housing Stock
Rental Trends — Southlake, TX
As of July '25, Rentcast reports the average rent in Southlake, TX is $5,710, with a year-over-year rent change of 4.2%. Per bedroom, the median rent as of July '25 in Southlake, TX is 1-bedrooms: $1,750, 2-bedrooms: $2,200, 3-bedrooms: $3,890, 4-bedrooms: $6,150. The most common rental property sizes in Southlake, TX are 3-bedroom and 2-bedroom, accounting for 27.3% and 21.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,950 | $5,710 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,750 | $1,750 |
| 2 Bed Rent | $2,300 | $2,200 |
| 3 Bed Rent | $3,500 | $3,890 |
| 4 Bed Rent | $6,000 | $6,150 |
% of Rental Stock
Property Listings — Southlake, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Southlake, TX is 68. This is a increase of 26.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,000,000 | 18.0% |
Listing Count | 176 | 19.0% |
| Listings as % of Homes | 0.8% | 19.0% |
Days on Market | 68 | 26.0% |
Demographics — Southlake, TX
As of the latest ACS Survey released in 2023, Southlake, TX has a population of 31,300, which has increased by 1.4% over the past 5 years. Southlake, TX is a popular place for families, as children make up 31.3% of the population. The area has a highly educated workforce, with 74.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,300 | 1.4% |
% Under 18 | 31.3% | -6.6% |
% Seniors | 13.3% | 54.7% |
% WFH | 30.0% | 102.7% |
% w/ College Degree | 74.7% | 9.4% |
As of the latest ACS Survey released in 2023, Southlake, TX is a predominantly white area, with 69.1% of the population identifying as white. The white population has shrunk by 7.6% in the last 5 years. The second most common race or ethnicity in Southlake, TX is asian, making up 15.8% of the population. Foreign-born residents account for 16.5% of the population in Southlake, TX, and this percentage has increased by 34.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.1% | -7.6% |
% Black | 1.8% | -28.0% |
% Hispanic | 9.0% | 73.1% |
% Asian | 15.8% | 5.3% |
% Foreign Born | 16.5% | 34.1% |
Mortgage and Risk — Southlake, TX
According to HUD data as of 2023, there were 262 mortgage originations in Southlake, TX, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Southlake, TX. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 262 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Southlake, TX
Southlake, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $1,750 | $1,820 |
| 2 Bedroom | -$180 | $2,300 | $2,120 |
| 3 Bedroom | -$700 | $3,500 | $2,800 |
| 4 Bedroom | -$2,580 | $6,000 | $3,420 |
Affordability — Southlake, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $1,246,000 |
| Median Household Income | $250,000 |