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By the Numbers

Real Estate Market Update

Latest Update: May 8, 2025

Curious about what the market’s doing in your neighborhood? Whether you’re thinking of buying, selling, or just staying informed, our local real estate market updates help you make smarter decisions. Below, you'll find the latest stats, trends, and expert commentary—broken down by county, city, and even neighborhood. This page is updated monthly with insights from The Dunnican Team’s on-the-ground expertise.

 

City of Fate, TX

MEDIAN SALES PRICE

$383,415

MEDIAN SALES PRICE

CLOSED SALES

35

CLOSED SALES

ACTIVE LISTINGS

192

ACTIVE LISTINGS

MONTHS INVENTORY

4.3

MONTHS INVENTORY

Fate Market Snapshot – August 2025

Market Data for: August 2025

📊 Key Highlights This Month:
• Average sales price: $383,415 (▼ 5.9%)
• Median price per square foot: $159 (▼ 8.1%)
• Median days on market: 37 (▼ 17.8%)
• Sale-to-original list price: 96.4% (▲ 2.2%)
• Months of inventory: 4.3 (▼ 4.4%)
• Homes for sale: 192 (▼ 8.6%)
• New listings: 53 (▼ 35.4%)
• Pending sales: 48 (▼ 20.0%)
• Closed sales: 35 (▼ 40.7%)

🏡 Prices Ease, Sales Activity Slows

The average sales price in Fate dropped to $383,415, a 5.9% decline year-over-year. Median price per square foot also fell 8.1% to $159. Interestingly, homes are selling faster, with median days on market down to 37, a 17.8% improvement compared to last year.

📈 Fewer Listings, Fewer Sales

Active listings decreased to 192 homes, an 8.6% drop, and new listings fell 35.4%. Pending sales dropped 20% and closed sales fell 40.7%, indicating slower overall activity. With 4.3 months of inventory, Fate remains in a relatively balanced market, though leaner on both supply and demand.

⏱ A Market in Transition

Fate’s housing market is experiencing fewer listings and fewer closings, alongside softer pricing. Sellers should be prepared for shifting expectations, while buyers benefit from quicker timelines and opportunities for negotiation.

📉 Market Context Matters

With only a few dozen closings each month, Fate’s market can show large percentage swings from relatively small shifts in activity. The Dunnican Team tracks long-term patterns to help sellers and buyers understand what’s really happening in this community.

What Sellers Need to Know

  • Prices down: Average sales price and $/sf both declined year-over-year.
  • Faster sales: Homes are selling quicker with median DOM down to 37.
  • Less competition: New listings dropped more than 35%, reducing supply.
  • Buyer leverage improving: While sale-to-list ratio rose, buyers are more selective.
  • Expert strategy pays: The Dunnican Team can help position your home to stand out in a slowing market.

What Buyers Need to Know

  • Softer prices: Lower averages and $/sf create opportunities for value.
  • Homes selling faster: Be prepared to move quickly on desirable properties.
  • Fewer options: New listings are down sharply, tightening supply.
  • Slower closings overall: Closed sales dropped 40.7%, suggesting motivated sellers.
  • Local guidance helps: Cindy and Cory Dunnican know Fate and can help navigate this shifting market.

Source: MLS data via North Texas Real Estate Information Services (NTREIS), August 2025. Data deemed reliable but not guaranteed.

 

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Fate Real Estate Overview

Affordable Growth and Master-Planned Living in Eastern Rockwall County

About Fate, TX

Located just east of Rockwall along the I-30 corridor, Fate is one of the fastest-growing communities in Rockwall County—and for good reason. It offers the kind of peaceful, small-town feel that many buyers crave, combined with modern amenities, new construction opportunities, and easy access to the greater Dallas-Fort Worth Metroplex.

Fate has evolved from a quiet rural town into a thoughtfully planned suburban destination, all while maintaining its close-knit community spirit. With highly rated schools in Rockwall ISD, a city government focused on smart development, and an influx of new residents from across North Texas, Fate is becoming a top choice for first-time homebuyers, growing families, and remote professionals seeking both value and quality of life.

Thanks to its location near Lake Ray Hubbard, downtown Rockwall, and expanding retail and dining options, Fate offers the perfect blend of small-town charm and modern-day convenience.

Homes for Sale in Fate, TX

Fate’s real estate market centers around affordability, new construction, and lifestyle-oriented communities. Most homes were built within the last 10–15 years, which means buyers can expect modern layouts, energy-efficient systems, and community features designed for today’s homeowners.

Housing options in Fate include:

  • New construction homes with builder warranties and contemporary designs

  • Budget-friendly homes in early phases of planned developments—ideal for first-time buyers

  • Upgraded resale properties with extended patios, smart home features, and spacious open-concept floorplans

  • Homes with flexible spaces, such as home offices, game rooms, and multi-use lofts—perfect for work-from-home households

  • Larger lots and semi-custom builds in the outskirts of Fate for those who value space and privacy

Popular Master-Planned Communities in Fate

Two standout communities define much of the local market:

  • Woodcreek – A vibrant, master-planned neighborhood featuring multiple community pools, a fitness center, splash pad, dog park, walking trails, and elementary schools on-site. This community blends lifestyle and convenience with a strong neighborhood feel.

  • Williamsburg – Known for its charming colonial-inspired architecture and resort-style amenities, Williamsburg offers a clubhouse, community events, and scenic green spaces—all minutes from I-30.

Both communities offer on-site schools, parks, trails, and HOA amenities that make everyday life enjoyable and connected.

Why Buyers Are Choosing Fate

Fate stands out in the East DFW real estate landscape as a place where affordability doesn’t mean compromise. Buyers are moving to Fate for its balance of space, value, and lifestyle, often getting more for their money than in neighboring cities like Rockwall or Royse City—without giving up access to schools, shopping, or major employers.

What’s driving interest in Fate:

  • Highly rated schools in Rockwall ISD, including nearby elementary and middle schools within walking or biking distance for many residents

  • Master-planned communities with parks, trails, pools, and community programming

  • A growing retail and dining scene—plus proximity to downtown Rockwall and Lake Ray Hubbard

  • A community-centered atmosphere with city-sponsored events, festivals, and a commitment to maintaining small-town values

  • Strategic location along I-30, offering quick commutes to Dallas, Greenville, and Garland

Whether you’re upsizing, relocating, or buying your very first home, Fate provides an ideal environment to put down roots, build equity, and enjoy a high quality of life.

Your Fate Real Estate Experts

As longtime North Texas agents with a track record in Rockwall County, Cindy and Cory Dunnican of The Dunnican Team at Coldwell Banker Apex, Realtors® are your trusted guides in the Fate housing market. They’ve helped countless buyers and sellers navigate new construction opportunities, resale pricing, and neighborhood dynamics unique to this growing area.

From negotiating with builders to advising on resale timing and pricing strategy, Cindy and Cory bring personalized service, hyper-local insight, and the kind of experience that ensures a smooth process from start to finish. Whether you're buying in Woodcreek, selling in Williamsburg, or exploring your options across Fate, The Dunnican Team is here to help you move forward with confidence.

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