Fate, TX Housing Market: 395 Homes Sold (September 2025 to September 2026)
Buyers hold the cards: most homes sell under asking and take about 67 days to find a buyer.
Fate market at a glance
- Homes sold (12 months): 395
- Median sale price: $378,990 (about $2,156/month with 10% down at a 6.5% 30-year rate, principal & interest)
- Median price per square foot: $169
- Median days on market (list to contract): 67; 10.4% went under contract within a week
- Sold over asking: 11.9% · Sold under asking: 67.8%
- Typical home: 4 bed, 2,226 sqft, built 2021, mostly Rockwall ISD
- Price range of sales: $215,000 – $895,000
- On the market right now: 194 active listings, 34 under contract, 5.9 months of supply, median asking $424,500
- How buyers paid: Conventional 51.9%, FHA 24.8%, VA 11.9%, Cash 9.6%, Other 1.8%
- Seller contributions: 70.4% of sellers chipped in, typically $8,000
- Contract to close: about 30 days
- Median rent (same home types, 305 closed leases): $2,250/month. Owning the median home runs about $2,156/month principal & interest with 10% down
- HOA: 94.2% of sales had a mandatory HOA, typically $66/month
- New construction: 37.5% of sales, median $430,000 vs $347,990 resale
Five-year price history in Fate
Median sale price by quarter: 2022 Q1: $380,000 · 2023 Q1: $364,214 · 2024 Q1: $398,800 · 2025 Q1: $377,500 · 2026 Q1: $347,990 · 2026 Q4: $317,000.
Median price by elementary school zone
- Billie Stevenson: 158 sales, median $411,280, $179/sqft
- Vernon: 85 sales, median $291,300, $152/sqft
- Lupe Garcia: 64 sales, median $343,750, $158/sqft
- Celia Hays: 32 sales, median $537,717, $189/sqft
- Harry Herndon: 27 sales, median $326,900, $177/sqft
- Sharon Shannon: 19 sales, median $375,000, $156/sqft
Pricing right vs. cutting the price in Fate
Sellers who held their original asking price sold in 19 days at 98.7% of ask. Sellers who overpriced and later cut took 89 days and kept 91.5% of the original ask, roughly $29,200 left on the table on a typical Fate listing.
Most active Fate neighborhoods
- Woodcreek: 68 sales, median $386,073, 59 days on market
- Avondale: 51 sales, median $430,000, 80 days on market
- Monterra: 28 sales, median $537,717, 92 days on market
- Edgewater: 22 sales, median $400,425, 66 days on market
- Williamsburg Ph 1a: 13 sales, median $370,000, 67 days on market
- Woodcreek Ph 2a: 10 sales, median $277,250, 66 days on market
- Woodcreek Ph 2b: 10 sales, median $282,500, 66 days on market
- Williamsburg: 9 sales, median $366,250, 86 days on market
- Woodcreek Ph 2-C: 9 sales, median $320,000, 27 days on market
- Woodcreek Ph 3-C: 8 sales, median $347,000, 59 days on market
Nearby markets
Rockwall · Royse City · Heath · McLendon Chisholm
Common questions
Is now a good time to buy in Fate? Buyers hold the cards: most homes sell under asking and take about 67 days to find a buyer.
What does the typical Fate home cost? $378,990, about $169 per square foot, or roughly $2,156/month with 10% down before taxes and insurance.
How fast do homes sell in Fate? The typical home went under contract in 67 days; 10.4% sold within the first week.
Is it cheaper to rent or buy in Fate? The median Fate lease ran $2,250/month this year, while principal and interest on the median $378,990 home is roughly $2,156/month with 10% down, before taxes and insurance.
Source: NTREIS MLS closed sales, September 5 2025 to September 5 2026. Aggregate data only; Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Text Ryan · Call/text (972) 974-1821.