Fate, TX Housing Market — 410 Homes Sold (September 2025 – September 2026)
Buyers hold the cards: most homes sell under asking and take about 65 days to find a buyer.
Fate market at a glance
- Homes sold (12 months): 410
- Median sale price: $378,945 (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): 65; 10.5% went under contract within a week
- Sold over asking: 11.7% · Sold under asking: 69.8%
- Typical home: 4 bed, 2,199 sqft, built 2021, mostly Rockwall ISD
- Price range of sales: $215,000 – $895,000
- On the market right now: 199 active listings, 37 under contract, 5.8 months of supply, median asking $415,000
- How buyers paid: Conventional 52.9%, FHA 25.9%, VA 10.7%, Cash 8.8%, Other 1.7%
- Seller contributions: 72.9% of sellers chipped in, typically $8,000
- Contract to close: about 30 days
- Median rent (same home types, 295 closed leases): $2,250/month — owning the median home runs about $2,156/month principal & interest with 10% down
- HOA: 95.4% of sales had a mandatory HOA, typically $60/month
- New construction: 40.5% of sales, median $422,745 vs $350,000 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 Q3: $373,500.
Median price by elementary school zone
- Billie Stevenson: 166 sales, median $411,120, $180/sqft
- Vernon: 84 sales, median $295,000, $151/sqft
- Lupe Garcia: 78 sales, median $349,245, $162/sqft
- Celia Hays: 28 sales, median $542,717, $187/sqft
- Harry Herndon: 24 sales, median $322,250, $174/sqft
- Sharon Shannon: 20 sales, median $375,030, $155/sqft
Pricing right vs. cutting the price in Fate
Sellers who held their original asking price sold in 19 days at 98.6% of ask. Sellers who overpriced and later cut took 91 days and kept 91.5% of the original ask — roughly $28,800 left on the table on a typical Fate listing.
Most active Fate neighborhoods
- Woodcreek: 70 sales, median $386,073, 75 days on market
- Avondale: 62 sales, median $424,947, 78 days on market
- Monterra: 22 sales, median $537,717, 80 days on market
- Edgewater: 20 sales, median $400,425, 57 days on market
- Williamsburg: 20 sales, median $346,990, 48 days on market
- Williamsburg Ph 1a: 13 sales, median $370,000, 64 days on market
- Woodcreek Ph 2a: 10 sales, median $277,250, 66 days on market
- Woodcreek Ph 2b: 9 sales, median $285,000, 54 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 65 days to find a buyer.
What does the typical Fate home cost? $378,945 — 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 65 days; 10.5% 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 $378,945 home is roughly $2,156/month with 10% down, before taxes and insurance.
Source: NTREIS MLS closed sales, September 3 2025 – September 3 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.