INSIDE NORTH TEXAS REAL ESTATE

ROWLETT REAL ESTATE MONTHLY MARKET UPDATE

inside north texas real estate

monthly market update

Rowlett's median home price held nearly flat in July 2026 at $368,500, down just 1.7% year over year, while closed sales fell 14.3% to 66. Active listings dipped 2.3% to 339, and months of inventory rose to 5.5, putting the market into buyer-leaning territory. Homes averaged 53 days on market and closed at a strong 95.0% of original list price.

Rowlett, TX Housing Market Update | Reporting Period: July 1–31, 2026

Key Highlights | Rowlett Housing Market Update

  • Median Price: $368,500 (-1.7% year over year)
  • Closed Sales: 66 (-14.3% year over year)
  • Active Listings: 339 (-2.3% year over year)
  • Months of Inventory: 5.5 (up from 5.2 last July)

Rowlett's pricing held close to flat in July even as the pace of sales cooled — a pattern that points to steady values with softer overall demand rather than a market losing ground.

PRICES
Median price was $368,500, down just 1.7% from July 2025 — close enough to flat that it reflects general stability. Price per square foot actually rose slightly, up 0.3% to $179.06, reinforcing that per-unit value has held up even as the overall median dipped a touch.

SALES ACTIVITY
Rowlett closed 66 sales in July, down 14.3% from a year ago. That's a meaningful slowdown in pace, even though pricing itself has stayed largely steady.

INVENTORY
Active listings dipped 2.3% year over year to 339. Months of inventory rose to 5.5, up three-tenths of a month, meaning the slower sales pace is outrunning the modest drop in supply.

MARKET BALANCE
At 5.5 months of supply, Rowlett leans toward buyers. Days on market jumped to 53, up seven days from last July — one of the larger shifts in time-to-contract we're tracking this month. Even so, the close-to-list ratio held firm at 95.0%, among the strongest in our coverage area, showing that well-priced homes are still commanding close to full asking price.

What Sellers Need to Know

  • Pricing has held remarkably steady — median price is down just 1.7% year over year.
  • Homes are taking longer to attract a contract, now averaging 53 days on market.
  • The 95.0% close-to-list ratio shows well-priced listings are still commanding strong offers.
  • The $300K–$399K band is Rowlett's largest segment at 42.2% of closed sales.

What Buyers Need to Know

  • At 5.5 months of supply, you have more time and more room to negotiate than a year ago.
  • Median price has barely moved, so you're not chasing a fast-rising market here.
  • Homes are sitting longer on average, which means less pressure to make a rushed offer.
  • Nearly 85% of closed sales fell between $200K and $499K, if that's your target range.

2026 Rowlett Housing Market Forecast

If sales activity picks back up while inventory stays roughly where it is, expect Rowlett's current buyer-leaning balance to hold steady rather than shift sharply in either direction through the rest of the year. Pricing has proven resilient so far, and that stability is likely to continue barring a significant change in mortgage rates or broader demand. If rates ease later in the year, watch for days on market to shorten again as buyers who've been waiting start moving. Sellers who price to today's slower pace, rather than last year's quicker one, should still see solid results.

Trending in Real Estate News

  • Realtor.com: National inventory continues climbing even as mortgage rates hover near 6.67%, giving buyers more room to negotiate heading into fall. Read more
  • Redfin: Pending home sales edged up slightly in early August after a slow summer, though they remain below last year's pace nationally. Read more
  • MetroTex Association of REALTORS®: North Texas inventory growth is starting to slow, with DFW posting modest year-over-year declines in active listings — an early sign the market may be stabilizing. Read more
  • Zillow: Zillow's latest national forecast calls for roughly flat home price growth over the next year, with Dallas-area metros among those it expects to see modest price declines. Read more

Thinking about buying or selling in Rowlett? The Dunnican Team would love to help you make sense of what these numbers mean for your specific situation. Reach out anytime — we're happy to talk through your options, no pressure, no obligation.

Source: Texas REALTORS® MarketViewer — NTREIS data via the Texas REALTOR® Data Relevance Project, MetroTex Association of REALTORS® (July 1–31, 2026, compared to July 2025). The Dunnican Team at Coldwell Banker Apex, Realtors® | TREC License #0461619 | Designated Broker: Lori Arnold | Equal Housing Opportunity

Rowlett Housing Market FAQs

Is now a good time to sell a home in Rowlett?

Prices have held steady, down just 1.7% year over year, and the 95.0% close-to-list ratio shows well-priced homes are still attracting strong offers. The main change is patience: homes are averaging 53 days on market before going under contract, up from 46 a year ago.

Is now a good time to buy a home in Rowlett?

Buyers have more room than a year ago, with months of inventory at 5.5 and pricing essentially flat. You're less likely to face multiple-offer pressure than in a tighter market.

How long are homes sitting on the market in Rowlett?

The average is 53 days on market, up seven days from July 2025. From contract to closing adds another 27 days, for a total of about 80 days start to finish.

Are home prices rising or falling in Rowlett?

Prices are essentially stable. Median price is down just 1.7% year over year to $368,500, and price per square foot actually rose 0.3% to $179.06 — one of the steadiest readings in our coverage area this month.

How competitive is the Rowlett housing market right now?

Less competitive than a year ago in terms of pace, with months of inventory at 5.5 putting Rowlett in buyer-leaning territory. That said, the strong 95.0% close-to-list ratio shows good homes are still selling close to asking price.

Contact The Dunnican Team

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