Southlake, TX 76092 Real Estate Market Report

ZIP Code: 76092
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Southlake, TX is $1,373,944, reflecting a robust market characterized by strong demand and significant price appreciation. This indicates a healthy market environment where buyers are willing to invest in high-value properties. The neighborhood has increased up since 2023, suggesting a positive trajectory in home values.

Despite elevated interest rates, the market remains hot, driven by local economic growth in the DFW area. However, the 237 days on market suggests a slower sales velocity, indicating that while demand is present, buyers may be taking longer to make purchasing decisions. The elevated inventory levels relative to sales activity may indicate a shift in market dynamics, with potential pricing friction as sellers adjust expectations to align with buyer sentiment.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Southlake, TX are averaging 6.62%, which is 0.42% higher than the average rates of 6.20% seen in early 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $1,373,944 reflects strong demand in the luxury segment of the market, indicating growing interest among buyers.

2. With a median days on market of 237, the sales velocity appears to be slower, suggesting buyers are taking more time to finalize decisions.

3. The median listing price stands at $1,850,000, which may create pricing friction as it exceeds the sold price, indicating seller expectations may need to adjust.

4. The median market rent of $3,130 suggests a robust rental market, which remains strong despite elevated interest rates.

5. Current mortgage rates averaging 6.62% indicate elevated interest rate pressure, which may impact buyer affordability and overall market dynamics.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.