BY HEATHER MCCULLOUGH
Age demographics percent changes In Grapevine and Southlake, the population in the 75+ age group increased from 2019-23. 0-19 20-44 45-74 75+
Diving deeper
Looking ahead
New houses in the area are often listed above $2 million, primarily in Southlake and Colleyville, Assaad said. Many rst-time homebuyers are look- ing for homes between $500,000 and $1 million. This could lead to families moving to other cities with more aordable new homes, she said. Another challenge for homebuyers interested in this area is people are not moving out, Assaad said. “Empty nesters and retirees love the commu- nities so much that they’re not moving out [and] opening up their homes to families with kids coming in,” Assaad said. The population that grew the most in Grapevine and Southlake between 2019 and 2023 were resi- dents 75 and older, according to the most recent data available from the U.S. Census Bureau. However, Colleyville’s population saw an increase in residents 19 and younger, but its senior population declined by more than 22% during the same period, indicating younger families are moving into this city.
“Any potential development in Colleyville must be of exceptional quality. This council
50%
is committed to protecting our community’s unique character.” BOBBY LINDAMOOD, COLLEYVILLE MAYOR
40%
30%
20%
10%
0%
New trends are forming in Grapevine, Colleyville and Southlake as land becomes scarce. There are 185 home listings in Grapevine- Colleyville ISD and 181 listings in Carroll ISD, but most of the homes are older builds, Assaad said. Home developers are looking to build toward Flower Mound and Argyle where there is more land available, Rostron said. Some residents with multi-acre properties in Grapevine, Colleyville and Southlake are splitting their land to sell o smaller sections, said Curtis Young, principal at The Sage Group, a land-planning and development company. There will also be a shift toward homes being torn down and rebuilt, Assaad said. “With limited inventory and steady demand, especially in the luxury space, sellers have the advantage,” she said. “We’re seeing higher prices per-square-foot [and] quicker sales … That trend will only intensify as land becomes even more limited.”
-10%
-20%
-30%
SOURCE: U.S. CENSUS BUREAU ACS 5YEAR ESTIMATESCOMMUNITY IMPACT
The impact
$1.37M $992K
Median home values Housing prices in Grapevine, Colleyville and Southlake mostly increased over the last ve years.
$1.5M $1.2M
$640K
$822K
$900K $600K $300K $0
Grapevine Colleyville Southlake
$540K
$389K
*THE 2025 VALUES ARE YTD JUNE 16
SOURCE: KIM ASSAADCOMMUNITY IMPACT
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GRAPEVINE COLLEYVILLE SOUTHLAKE EDITION
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