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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

$402,206

MEDIAN SALES PRICE

CLOSED SALES

35

CLOSED SALES

ACTIVE LISTINGS

190

ACTIVE LISTINGS

MONTHS INVENTORY

4.4

MONTHS INVENTORY

Fate, TX Market Snapshot – October 2025

Latest Update: November 2025

📊 Key Highlights This Month:
• Average sales price: $402,206 (▼ 3.1%)
• Average price per square foot: $175 (▼ 2.8%)
• Average days on market: 82 (▲ 26.2%)
• Sale-to-original list price: 93.2% (▼ 1.2%)
• Months of inventory: 4.4 (▲ 4.8%)
• Homes for sale: 190 (▼ 5.9%)
• Closed sales: 35 (▼ 31.4%)

🏠 Slower Pace, Softer Prices in Fate

The average sales price in Fate declined 3.1% year-over-year to $402,206, and average price per square foot slipped to $175. Homes are also spending more time on the market, with an average of 82 days on market—a 26.2% increase. Sellers received about 93.2% of their original list price, reflecting continued buyer pushback on pricing.

📉 Declining Sales, Fewer Listings

Inventory remains steady, with 190 homes for sale (down 5.9%), and months supply rose slightly to 4.4. But sales volume has cooled: closed sales dropped 31.4% and pending sales fell 14.6%. Additionally, new listings are down 20%, a sign that some sellers may be holding back until the new year.

⚠️ A More Deliberate Market

The Fate housing market has shifted into a more measured rhythm. Buyers have more breathing room, while sellers must be precise with their strategy to stand out.

What Sellers Need to Know

  • Time on market is rising: Expect longer timelines as buyers take their time making decisions.
  • Strategic pricing is key: The average sale is 6.8% below list price—overpricing leads to stagnation.
  • Less competition, but fewer buyers: Inventory is slightly down, but demand has dipped as well.
  • Presentation matters: Homes that are clean, staged, and move-in ready tend to get the best results.
  • Work with a local expert: The Dunnican Team’s insight into the Fate market can help you stand out.

What Buyers Need to Know

  • Plenty of time to evaluate: With homes averaging 82 days on market, you’re less likely to face bidding wars.
  • Room to negotiate: Sellers are accepting below-list offers—this is a favorable market for buyers.
  • Watch for value: Price per square foot is down, which may create opportunities in newer or larger homes.
  • Act strategically: Fewer listings means the best homes still get attention—move fast when you find a fit.
  • Partner with a local pro: Cindy and Cory Dunnican can guide you through Fate’s evolving market with confidence.

Source: MLS data via North Texas Real Estate Information Services (NTREIS), October 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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