All Home Types
Southlake, TX Housing Market
What is the housing market like in Southlake today?
In August 2024, Southlake home prices were up 4.6% compared to last year, selling for a median price of $1.3M. On average, homes in Southlake sell after 47 days on the market compared to 35 days last year. There were 36 homes sold in August this year, down from 51 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,255,000
+4.6% YoY | Aug 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2024
Growth
% YoY
Southlake, TX
$1,255,000
+4.6%
United States
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Southlake Migration & Relocation Trends
In Jun '24 - Aug '24, 25% of Southlake homebuyers searched to move out of Southlake, while 75% looked to stay within the metropolitan area.
- Across the nation, 2% of homebuyers searched to move into Southlake from outside metros.
- Los Angeles homebuyers searched to move into Southlake more than any other metro followed by New York and San Francisco.
Where are people moving to Southlake from?
- 75% of Southlake homebuyers searched to stay within the Southlake metropolitan area.
- Phoenix was the most popular destination among Southlake homebuyers followed by Austin and Houston.
Where are people from Southlake moving to?
Number of People Moving to Southlake
least
most
People are moving to Southlake from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jun '24 - Aug '24 | ||
| 1 | 2,220 | ||
| 2 | 1,001 | ||
| 3 | 903 | ||
| 4 | 646 | ||
| 5 | 599 | ||
| 6 | 256 | ||
| 7 | 168 | ||
| 8 | 134 | ||
| 9 | 131 | ||
| 10 | 117 | ||
People are leaving Southlake for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jun '24 - Aug '24 | ||
| 1 | 1,476 | ||
| 2 | 1,193 | ||
| 3 | 678 | ||
| 4 | 416 | ||
| 5 | 414 | ||
| 6 | 292 | ||
| 7 | 274 | ||
| 8 | 270 | ||
| 9 | 208 | ||
| 10 | 202 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Southlake.
Provided by First Street Foundation
Transportation in Southlake
Learn about the walkability, bikeability, and transit-friendliness of Southlake
Car-Dependent
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Somewhat Bikeable
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