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Rockwall Real Estate Market Update
Latest Update: May 8, 2025
📊 Key Highlights This Month:
• Median price up 25.7% to $549,000
• Inventory up 43.6% year-over-year
• Homes taking 118 days from list to close
🏠 Home Prices: Surging in 2025
The median home price in Rockwall rose sharply to $549,000 in April 2025 — a 25.7% increase year-over-year. This price growth reflects continued demand for high-end homes despite rising inventory and longer selling timelines.
📈 Listings Climb as Sales Ease
Active listings increased to 372 (▲ 43.6% YoY), while closed sales declined to 62 homes (▼ 10.1%). Months of inventory rose to 5.3 months, indicating more balance and buyer choice — especially in higher price brackets.
⏱ Longer Transaction Times
Days on Market: 77 (up 12 days from April 2024)
Days to Close: 41 (up 12 days)
Total Transaction Time: 118 days (up 24 days YoY)
Other key metrics include a median price per square foot of $204.55 (▲ 8.3%), median home size of 2,636 sq ft, median build year of 2016, and a close-to-original list price ratio of 94.8%.
What Sellers Need to Know
- ✅ Price surge: Median values are up 25.7% — a great time to capture equity.
- ✅ Inventory rising: 43.6% more listings means more competition for buyer attention.
- ✅ Longer timelines: Expect an average of 118 days from list to close.
- ✅ Negotiations common: Most homes are selling at 94.8% of original asking price.
- ✅ Well-presented homes shine: Move-in ready condition still drives premium results.
What Buyers Need to Know
- ✅ More inventory: Listings are up significantly, especially for larger homes.
- ✅ Fewer bidding wars: You may have more room to negotiate and compare options.
- ✅ Premium pricing: Home values jumped, especially in newer and custom-built homes.
- ✅ Slower pace: With homes sitting longer, take your time — but act when it’s right.
- ✅ Strong resale potential: Newer homes (median year built: 2016) offer long-term value.
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© 2025 Texas REALTORS® – Data used in this report come from the Texas REALTOR® Data Relevance Project, a partnership among Texas REALTORS® and local REALTOR® associations throughout the state. Analysis provided through a research agreement with the Real Estate Center at Texas A&M University.
