Much like other places in this area, it is a lot more expensive compared to the rest of the nation. Compared to the city of Dallas, it's significantly more expensive.
Home prices
Southlake's median home value is $676,900. In comparison to its nearby areas this is is very similar.In comparison to the entire country it is roughly $459,400 (211%) higher, and is roughly $488,800 (259%) higher compared to the city of Dallas.
Rents
The median monthly rent in Southlake is $1,367. Compared to its nearby areas this is approximately $140 (9%) lower.It is about $305 (28%) higher in comparison to the entire nation, and is roughly $315 (29%) higher compared to the city of Dallas.
Nearby places
Westlake
Westlake is Southlake's neighbor to the northwest. The real estate prices there are a lot more expensive. The price of the median home in Westlake is $1,741,800, which is $1,064,900 (61%) higher than Southlake. Its rents are somewhat less expensive. The median monthly rent in Westlake is $1,079, which works out to $288 (26%) lower than Southlake.
Keller
Keller is Southlake's neighbor to the west. The real estate prices there are significantly less expensive. Keller's median home value is $386,200, which is $290,700 (75%) lower than Southlake. Rents there are similar. Keller's median rent is $1,405 per month, which works out to $38 (2%) higher than Southlake.
Grapevine
Grapevine is Southlake's neighbor to the east. Its housing prices are substantially less expensive. The median home in Grapevine is valued at $320,400, which comes out to $356,500 (111%) lower than Southlake. The rent there is pretty similar. In Grapevine the median rent is $1,380 per month, which is very similar to Southlake.
Trophy Club
Trophy Club is Southlake's neighbor to the northwest. Real estate prices there are substantially less expensive. The price of the median home in Trophy Club is $400,500, which is $276,400 (69%) lower than Southlake. Rents there are a little more expensive. In Trophy Club the median monthly rent is $1,532, which comes out to $165 (10%) higher than Southlake.
Colleyville
Colleyville is Southlake's neighbor to the south. Real estate prices there are somewhat less expensive. Colleyville's median home cost is $516,500, which comes out to $160,400 (31%) lower than Southlake. Rents there are a lot more expensive. In Colleyville the median rent is $2,141 a month, which is $774 (36%) higher than Southlake.
