Page 121 - Southlake FY24 Budget

Average Home Value Comparison

$2,200,000

$2,000,000
$1,800,000 City Profile
$1,600,000

$1,400,000
$1,200,000
$987,616
$1,000,000
$800,000

$600,000
$400,000

$200,000
$-

FY 2023 Tax Year

This chart shows a comparison of each city’s average home value for FY 2023, which is the 2022 Tax Year.
Southlake is on the high end of the list with a $987,616 value, only exceeded by University Park.

2022 Tax Year Average 2022 Tax Year Average
City City
Home Value Home Value
Allen $505,299 Grapevine $436,636
Arlington $265,240 Hurst $270,281
Bedford $303,277 Keller $529,586
Carrollton $300,860 McKinney $496,438
Colleyville $738,310 North Richland Hills $316,532
Coppell $533,206 Plano $493,927
Euless $287,000 Richardson $382,249
Farmers Branch $343,723 University Park $2,004,962
Flower Mound $574,679 Southlake $987,616
Frisco $639,565

FY 2024 City of Southlake | Budget Book 121