The housing market in Southlake, TX is doing very well. The median value of a home there is currently $1,166,100, which is significantly higher than the national median value of $338,100. In addition to that, the house appreciation rate over the past year has been 15.48%, while the national one-year house appreciation rate is 8.27%. This indicates that Southlake housing prices are growing far faster than the rest of the nation's, making it an extremely attractive destination for potential homeowners.
The median home cost in Southlake is $1,166,100. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Southlake is up 21.8%.
Average Age of Homes
- The median age of Southlake real estate is 21 years old
The Rental Market in Southlake
- Renters make up 7.5% of the Southlake population
- 0.0% of houses and apartments in Southlake, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.