Southlake Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$581,100

  • 11.3% 1-year change
  • 5.9% 1-year forecast

The median home value in Southlake is $581,100. Southlake home values have gone up 11.3% over the past year and Zillow predicts they will rise 5.9% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Southlake 1.2 homes are foreclosed (per 10,000). This is lower than the Dallas-Fort Worth Metro value of 3.1 and also lower than the national value of 3.6

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Southlake is 0.6%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Southlake homeowners underwater on their mortgage is 3.7%, which is lower than Dallas-Fort Worth Metro at 6.9%.

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Relative ZHVI
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Southlake Market Overview

Data through Jul 31, 2015
  • $581,100 ZHVI
  • 5.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • $559,797 Median sale price
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Southlake Market Health

Data through Jul 31, 2015
  • 9.8/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 3.7% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 0.6% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

1 Southlake
3 Dallas-Fort Worth Metro
4 United States
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Nearby Cities

Name Median ZHVI
Colleyville $405,400
Double Oak $356,500
Keller $285,900
Name Median ZHVI
Trophy Club $282,800
Flower Mound $271,600
Grapevine $239,800
Name Median ZHVI
Roanoke $168,000
Bedford $161,100
North Richland Hills $146,500

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $148 Median sale price / sq ft
  • No data Listings with price cut
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Southlake Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $4,181 Southlake
    $1,480 Dallas-Fort Worth Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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