Real Broker, LLC Find Your Home Dallas with Ben Jimenez
Home › Housing Market Reports › Southlake, TX

Southlake, TX Housing Market: October 2026 Report

Southlake's median sale price was $1,411,518 in the three months ending October 2026, up 9.8% from a year earlier. With 4.3 months of supply, Southlake is a balanced market. Homes took a median of 52 days to sell and closed at 96.5% of list price.

$1.41MMedian sale price
+9.8%Price vs. last year
52Median days on market
4.3Months of supply
96.5%Sale-to-list

Southlake Market Type: Balanced

With 4.3 months of supply in October 2026, Southlake is a balanced market. Months of supply is how long the homes for sale would last at the current pace of sales. How this page defines it: under 4 months of supply is a seller's market, 4 to 6 months is balanced, and over 6 months is a buyer's market.

Ben's take: “At 4.3 months of supply, Southlake is balanced. Homes are taking a median of 52 days, so I price against what actually sold in the last 90 days, not against what's listed.”Ben Jimenez, Real Estate Agent, Real Broker, LLC

Southlake Home Prices: Last 24 Months

The median sale price went from $1,253,000 in November 2024 to $1,411,518 in October 2026. Hover a month to see its value.

Southlake median sale price, last 24 monthsLine chart of the median sale price in Southlake, TX from November 2024 ($1,253,000) to October 2026 ($1,411,518), rolling three-month windows. Source: Redfin.$1.10M$1.20M$1.30M$1.40M$1.50M$1.60MNov 2024May 2025Nov 2025May 2026Oct 2026$1.41MNovember 2024: $1,253,000December 2024: $1,269,000January 2025: $1,345,000February 2025: $1,215,000March 2025: $1,215,000April 2025: $1,375,000May 2025: $1,450,000June 2025: $1,475,000July 2025: $1,411,000August 2025: $1,385,000September 2025: $1,300,000October 2025: $1,285,000November 2025: $1,218,000December 2025: $1,275,000January 2026: $1,287,000February 2026: $1,302,000March 2026: $1,301,000April 2026: $1,365,000May 2026: $1,375,000June 2026: $1,380,000July 2026: $1,368,500August 2026: $1,375,000September 2026: $1,450,000October 2026: $1,411,518

Southlake Housing Market by Month

MonthMedian sale priceHomes soldMedian days on marketSale-to-listMonths of supply
October 2026$1,411,518905296.5%4.3
September 2026$1,450,000944197.1%3.9
August 2026$1,375,0001172797.6%3.3
July 2026$1,368,5001452298.3%3.2
June 2026$1,380,0001552198.4%2.8
May 2026$1,375,0001332098.5%3.3
April 2026$1,365,0001112597.8%3.8
March 2026$1,301,000823497.4%4.8
February 2026$1,302,000795296.7%4.3
January 2026$1,287,000685696.6%4.1
December 2025$1,275,000855796.2%3.4
November 2025$1,218,000686496.3%5.5

Each row is the three months ending that month (Redfin city data is reported as rolling three-month windows), all residential.

What This Means for Buyers in Southlake

There were about 127 homes for sale in Southlake at the end of October 2026, 4.3 months of supply. Homes sold for 96.5% of list price on average. On a home at the $1,411,518 median, that works out to about $49,300 under asking. 10% of homes sold above list price. 54% of the homes for sale had been on the market more than 60 days. Those are the ones with room to negotiate.

What This Means for Sellers in Southlake

The median Southlake home took 52 days to sell, 5 days faster than a year earlier. In the three months ending October 2026, 104 new listings came on the market and 90 homes sold. Inventory was down 5.8% from a year earlier. 33% of homes went under contract within two weeks. The median sale price was up 9.8% year over year, so price against recent sales, not last year's.

More on Southlake and Nearby Cities

Search Homes in Southlake

Or open the Southlake map search to see every home for sale.

Southlake Housing Market Questions

What is the median home price in Southlake, TX?

The median sale price in Southlake was $1,411,518 in the three months ending October 2026, based on 90 home sales (Redfin, all residential).

Are home prices going up or down in Southlake?

The median sale price was up 9.8% from a year earlier and up 12.7% from November 2024, when it was $1,253,000.

Is Southlake a buyer's or seller's market right now?

Southlake is a balanced market with 4.3 months of supply as of October 2026. Under 4 months is a seller's market, 4 to 6 is balanced, and over 6 is a buyer's market. Ben Jimenez, a real estate agent with Real Broker, LLC, updates this report every month.

How long does it take to sell a house in Southlake?

Homes in Southlake took a median of 52 days to sell in the three months ending October 2026, 5 days faster than a year earlier.

Do homes in Southlake sell over asking price?

On average Southlake homes sold for 96.5% of list price, and 10% sold above list.

Buying or selling in Southlake?

Book a call with Ben Jimenez, Real Estate Agent with Real Broker, LLC, call or text 469-730-6895, or get a free home value.

Source: Redfin Data Center, October 2026 data, all residential, as of November 3, 2026. Each month is Redfin's rolling three-month window ending that month, not seasonally adjusted. Information deemed reliable but not guaranteed. Updated November 11, 2026.