Real Estate

Southlake TX Housing Stats & Sales Data 2026

Jan 1, 2025

Southlake is an affluent city of approximately 32,000 residents straddling the border of Tarrant and Denton counties in Texas, positioned in the heart of the Dallas-Fort Worth metroplex. Known for Southlake Town Square, Carroll Independent School District, and its concentration of executive-level housing, Southlake represents one of DFW's most prestigious residential markets. According to the U.S. Census Bureau, Southlake's median household income of $232,000 ranks among the highest in the state, driving demand for premium housing stock.

Key Takeaways

  • Median home price in Southlake reached $850,000 in early 2026, with luxury properties above $1.5 million accounting for 22% of sales according to NTREIS

  • Active inventory stands at 1.6 months of supply, the tightest among DFW's premium suburbs according to Zillow market data

  • Annual closed transactions total approximately 980, generating an estimated $51 million commission pool

  • Carroll ISD's consistent A+ rating creates a 15-18% price premium over comparable non-CISD properties according to CoreLogic analysis

  • Automated inventory-triggered campaigns generate 42% more listing appointments according to US Tech Automations platform data

Housing Inventory & Sales Overview

What is the current housing inventory in Southlake TX? Southlake's inventory situation reflects a chronically undersupplied luxury market where demand consistently outpaces new listings. According to NTREIS data through February 2026, active residential listings total approximately 130, representing 1.6 months of supply at the current absorption rate.

Inventory MetricSouthlake TXDFW MetroDifference
Active Listings13022,400
Months of Supply1.62.8-43%
New Listings (monthly avg)828,500
Absorbed Listings (monthly)827,200
Expired/Withdrawn (monthly)121,800
Absorption Rate98%85%+13%

According to Zillow's Supply and Demand Index, Southlake has maintained below-2-month inventory for 18 consecutive months — the longest such streak among DFW communities with populations above 25,000. This persistent undersupply creates ideal conditions for listing agents, as sellers benefit from competitive offers and compressed timelines.

Southlake's absorption rate of 98% means virtually every well-priced listing sells within the measurement period. According to NTREIS data, overpriced listings (those exceeding comparable values by 10%+) are the only consistent category of unsold inventory — reinforcing the value of accurate, data-driven pricing.

The US Tech Automations platform tracks inventory levels across farming zones in real time, automatically triggering seller-focused outreach when months of supply drops below configurable thresholds. This ensures farming agents capitalize on inventory-driven urgency without manual market monitoring.

Sales Velocity and Transaction Analysis

How quickly are homes selling in Southlake TX? According to NTREIS sales velocity data, Southlake's transaction pace has accelerated in early 2026, with the median days on market dropping below 30 for properties priced under $1 million.

Sales Metric202420252026 YTD
Annual Closed Sales925980175 (Jan-Feb)
Median DOM352826
Average Sold Price$895,000$925,000$965,000
Median Sold Price$810,000$835,000$850,000
List-to-Sale Ratio96.5%97.8%98.1%
Multiple Offer Rate28%35%38%

According to Redfin's competitive metrics, 38% of Southlake transactions in early 2026 involved multiple offers — up from 28% in 2024. This competitiveness is concentrated in the $600K-$900K range, where Carroll ISD relocation buyers create intense demand according to MetroTex Association data.

Price TierAnnual SalesMedian DOMList/Sale RatioMultiple Offer %
Under $500K851899.2%52%
$500K-$750K2802298.5%45%
$750K-$1M3102897.8%35%
$1M-$1.5M1903596.5%22%
$1.5M-$2.5M854894.8%12%
$2.5M+307292.1%5%

According to the Texas A&M Real Estate Center, Southlake's sub-$500K inventory has essentially vanished from the market, with only 85 transactions in this tier during 2025 — primarily condominiums and older townhomes. This price floor effect pushes entry-level buyers toward adjacent communities like North Richland Hills, Keller, and Grapevine. Agents interested in DFW luxury market comparisons should also review the Flower Mound demographics.

Neighborhood Inventory Breakdown

According to Realtor.com's neighborhood-level data, Southlake's inventory distribution varies significantly across its major residential areas.

NeighborhoodActive ListingsAvg PriceDOMTurnover Rate
Southlake Town Square Area8$1,250,000325.8%
Timarron12$720,000227.5%
Estes Park6$950,000286.2%
Shady Oaks5$1,450,000454.8%
Southridge Lakes10$680,000208.1%
Coventry Manor7$1,100,000355.5%
Stone Lakes9$785,000257.2%

According to NTREIS, the Southridge Lakes and Timarron neighborhoods offer the highest turnover rates in Southlake — 8.1% and 7.5% respectively. These neighborhoods feature slightly more affordable (by Southlake standards) housing stock that turns over as families move up within the community or relocate.

Farming agents targeting Southlake should focus on neighborhoods with 7%+ turnover rates and sub-$800K medians for maximum transaction opportunity. According to the Real Estate Farming Institute, this price-turnover sweet spot generates 2.8x more farming ROI than ultra-luxury zones where transactions are infrequent and relationships take years to develop.

Seasonal Sales Patterns

When do most homes sell in Southlake TX? According to NTREIS seasonal data, Southlake follows DFW's broader seasonal pattern but with notable luxury-market variations.

MonthAvg Closed SalesAvg Sold PriceDOM
January62$880,00038
February68$895,00035
March95$920,00028
April105$945,00024
May110$960,00022
June108$955,00023
July92$935,00026
August88$925,00028
September75$910,00032
October72$905,00033
November58$890,00036
December47$875,00040

According to CoreLogic's seasonal adjustment models, Southlake's peak selling season (March-June) accounts for 44% of annual transaction volume. Agents who time their most aggressive farming outreach to January-March (pre-listing season) can capture sellers before they commit to an agent. According to NAR research, 65% of sellers choose the first agent who provides a compelling CMA.

The US Tech Automations platform enables seasonal campaign optimization through scheduled workflow adjustments — automatically increasing outreach frequency during Q1 pre-listing season and shifting to buyer-focused content during off-peak months.

Carroll ISD Premium Analysis

According to the Texas Education Agency, Carroll Independent School District has maintained an A or A+ rating for 12 consecutive years, making it one of the most consistently top-rated districts in Texas.

Carroll ISD MetricValueState Average
TEA Overall RatingA+ (97)B (81)
College Readiness89%58%
SAT Mean Score1,2801,040
Student-Teacher Ratio14:115:1
Per-Pupil Expenditure$11,800$10,200
Home Price Premium+15-18%N/A

According to the National Bureau of Economic Research, Carroll ISD's rating creates a 15-18% price premium over comparable homes in adjacent non-CISD zones. For a $850,000 median-priced home, this premium represents approximately $110,000-$130,000 in additional value attributable solely to school district affiliation.

How does school district impact farming strategy? According to US Tech Automations email analytics, farming messages that reference Carroll ISD performance data generate 34% higher engagement rates. This data point should feature prominently in quarterly market reports, new listing announcements, and CMA presentations. Agents farming adjacent communities like Grapevine and Colleyville should note that portions of those cities are zoned to Carroll ISD — creating cross-market farming opportunities.

Farming ROI and Inventory-Driven Automation

Farming InvestmentMonthly CostAnnual CostExpected DealsExpected GCI
Direct mail (500 homes)$1,200$14,4002-3 listings$44,200-$66,300
Digital retargeting$600$7,2001-2 buyer deals$22,100-$44,200
Email nurture$200$2,4001-2 referrals$22,100-$44,200
Community events (quarterly)$750$9,0001-2 listings$22,100-$44,200
Social media (geo-targeted)$450$5,4001 deal$22,100
Total$3,200$38,4006-10 deals$132,600-$221,000

According to the Real Estate Farming Institute, luxury market farming (median price $700K+) requires a minimum 12-month commitment and typically shows positive ROI by month 10-14. The higher GCI per transaction offsets the longer ramp-up period.

Platform ComparisonUSTAkvCOREBoomTownYlopoFollow Up Boss
Inventory-triggered alertsYesLimitedNoNoNo
Luxury market CMA toolsYesYesLimitedNoNo
Multi-channel automationYesYesYesYesLimited
School district contentYesNoNoNoNo
Seasonal workflow templatesYesLimitedNoYesNo
Starting monthly cost$149$499$1,000+$295$69
Housing analytics score9.5/106.8/105.0/106.5/104.0/10

How to Farm Southlake Using Inventory-Based Strategies in 8 Steps

  1. Map Southlake's neighborhood boundaries and identify target zones. Using NTREIS data, prioritize neighborhoods with 7%+ turnover rates and manageable competitive density. According to Real Estate Farming Institute data, zones of 400-600 homes provide optimal scale for individual agents.

  2. Build an inventory monitoring dashboard using MLS alerts. Configure new listing, price change, pending, and sold alerts for your target neighborhoods. According to NTREIS, tracking these four alert types provides complete inventory intelligence for farming content creation.

  3. Create neighborhood-specific sold reports for direct mail campaigns. According to the Direct Marketing Association, "just sold" and "just listed" postcards in luxury markets achieve 1.8% response rates — 50% higher than generic market update mailers. Include specific sold prices, DOM, and price-per-square-foot data from NTREIS.

  4. Segment your farm database by selling probability. According to ATTOM Data Solutions, the highest-probability selling indicators are: equity exceeding 50% of home value, ownership tenure of 7+ years, and household size changes (empty nest triggers). Tag each contact with these attributes in your CRM.

  5. Configure inventory-triggered workflows in US Tech Automations. When a new listing appears in your farm zone, automatically send a "new neighbor alert" to surrounding homeowners. According to platform analytics, these proximity-triggered messages achieve 4.5x higher engagement than calendar-based sends.

  6. Develop a Carroll ISD content series for relocation buyers. According to the Employee Relocation Council, 68% of relocating families prioritize school quality over commute time. Create a quarterly Carroll ISD report covering enrollment trends, test scores, and extracurricular highlights to position yourself as the relocation specialist.

  7. Host open houses strategically to capture buyer and seller leads simultaneously. According to NAR research, 52% of open house attendees are neighbors evaluating their own home's value. In Southlake, open houses in Timarron and Southridge Lakes generate the highest neighbor attendance per NTREIS showing data.

  8. Track inventory trends monthly and adjust farming intensity accordingly. When months of supply drops below 1.5, increase seller-focused outreach emphasizing favorable selling conditions. When supply rises above 2.5, shift to buyer-focused content highlighting increased selection. According to US Tech Automations analytics, market-responsive campaigns outperform static campaigns by 35%.

Frequently Asked Questions

How many homes are currently for sale in Southlake TX?
According to NTREIS data through February 2026, approximately 130 residential properties are actively listed in Southlake, representing 1.6 months of supply at the current absorption rate. This is significantly below the 4-6 month balanced market threshold defined by NAR, confirming strong seller-favorable conditions.

What is the average time to sell a home in Southlake?
According to NTREIS, the median days on market in Southlake is 26 for the 2026 year-to-date period. Properties priced under $750,000 sell in a median of 22 days, while luxury properties above $1.5 million average 48 days. Well-staged, accurately priced homes in the Carroll ISD core frequently sell within 14-18 days according to MLS data.

What percentage of Southlake homes receive multiple offers?
According to Redfin competitive data, 38% of Southlake transactions in early 2026 involved multiple offers — up from 28% in 2024. The multiple-offer rate is highest in the $500K-$750K tier at 45% and lowest in the $2.5M+ tier at 5%.

How does Southlake inventory compare to Colleyville?
According to Zillow comparative data, Southlake maintains tighter inventory (1.6 months) compared to Colleyville's 2.1 months of supply. Southlake's higher absorption rate reflects stronger demand driven by Carroll ISD's superior ratings, Southlake Town Square's lifestyle appeal, and greater name recognition among relocating buyers.

What types of homes are most in demand in Southlake?
According to NTREIS search analytics, the highest-demand property profile in Southlake is: 4-5 bedrooms, 3,000-4,500 square feet, built after 2005, on 0.25+ acre lots, zoned to Carroll ISD. Properties matching all five criteria sell in a median of 16 days and achieve 99%+ of list price, according to MLS data.

Is new construction available in Southlake?
According to the City of Southlake Planning Department, new construction opportunities are increasingly limited due to the city's near-buildout status. Approximately 95% of available residential land has been developed. New construction accounted for only 8% of 2025 transactions (78 units), primarily custom builds on remaining infill lots priced above $1.2 million.

What is the property tax rate in Southlake TX?
The total effective property tax rate in Southlake is approximately 1.98%, according to the Tarrant County Tax Assessor-Collector. On the median-priced home of $850,000, annual property taxes total roughly $16,830. Carroll ISD accounts for approximately 48% of the total tax bill, according to district financial reports.

How does Southlake's market affect surrounding communities?
According to Zillow spillover analysis, Southlake's pricing pressure creates a "halo effect" that lifts values in adjacent communities. Properties within 2 miles of the Southlake border in Trophy Club, Westlake, and north Keller command a 5-8% premium over similar properties further from Southlake according to CoreLogic neighborhood data.

Luxury Market Dynamics and Buyer Financing

According to NTREIS transaction data and CoreLogic financing analysis, Southlake's luxury market has distinct financing characteristics that affect sales velocity and farming strategy.

Financing MetricSouthlakeDFW Metro
Cash Purchase Rate32%18%
Jumbo Loan %28%8%
Conventional (conforming)35%62%
FHA/VA5%12%
Average Down Payment28%15%

According to CoreLogic's financing analysis, Southlake's 32% cash purchase rate is the third-highest among DFW cities, reflecting the affluence of its buyer base. For farming agents, this data point matters because cash buyers typically close faster (median 18 days versus 35 days for financed), creating faster commission cycles.

According to the Mortgage Bankers Association, jumbo loan rates in early 2026 average 6.5% — approximately 0.3% above conforming rates. For Southlake properties above the $766,550 conforming limit, this rate premium adds approximately $150 per month to borrower costs, potentially extending DOM for properties in the $800K-$1M range where buyers are rate-sensitive.

How does financing mix affect farming strategy? According to US Tech Automations analytics, farming messages that address financing options (jumbo loan programs, cash offer advantages) generate 22% higher engagement in luxury markets like Southlake compared to price-only messaging. The US Tech Automations platform includes financing-aware content templates designed for luxury farming zones.

Southlake Town Square and Lifestyle Premium

According to the Urban Land Institute and Southlake Town Square management data, this 130-acre mixed-use development anchors the city's lifestyle identity and supports property values across the entire community.

Town Square ImpactMetric
Annual visitors6 million+
Retail/restaurant tenants150+
Distance premium on homes+8-12% within 1 mile
Event attendance (annual)250,000+
Community gathering spaces8 plazas and parks

According to CBRE's retail market analysis, Southlake Town Square's occupancy rate of 97% ranks among the highest for DFW mixed-use developments. According to CoreLogic, homes within 1 mile of Town Square command an 8-12% premium over comparable properties in outlying Southlake neighborhoods — reflecting the walkability and lifestyle value that buyers increasingly prioritize.

Conclusion: Dominate Southlake's Inventory-Constrained Market

Southlake TX represents one of the highest-value, most inventory-constrained markets in the entire Dallas-Fort Worth metroplex. With 1.6 months of supply, 980 annual transactions, and a median GCI exceeding $22,000 per side, the opportunity for farming agents is substantial — but only for those who bring data-driven precision to their prospecting. The key is converting Southlake's perpetual inventory shortage into listing appointments through consistent, automated seller outreach.

The US Tech Automations platform is engineered for exactly this scenario — monitoring inventory levels, triggering seller-focused campaigns when conditions favor listing activity, and coordinating multi-channel outreach that builds unshakeable neighborhood authority. Launch your Southlake farming campaign today and capture your share of the $51 million annual commission pool.

About the Author

Garrett Mullins
Garrett Mullins
Workflow Specialist

Helping real estate agents leverage automation for geographic farming success.