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Rowlett Real Estate Market Update
Latest Update: May 8, 2025
📊 Key Highlights This Month:
• Inventory up 51.8% year-over-year
• Median home price down slightly to $394,900
• Homes spending 53 days on market, plus 28 days to close
🏠 Home Prices: Slight Correction
The median home price in Rowlett dipped to $394,900 in April 2025 — a 1.3% decrease year-over-year. While the shift is small, it reflects a stabilizing market as supply rises and buyers become more selective.
📈 Inventory Surges, Sales Slow
Active listings rose sharply to 299 — a 51.8% increase compared to April 2024. Meanwhile, closed sales dropped to 66 homes (▼ 4.4% YoY), and months of inventory climbed to 5.1, suggesting a buyer-friendlier environment and increasing seller competition.
⏱ Longer Selling Timeline
Days on Market: 53 (up 7 days YoY)
Days to Close: 28 (down 3 days)
Total Transaction Time: 81 days (up 4 days YoY)
Additional stats: Median price per square foot: $184.51 (▼ 3.7%)
Median home size: 2,088 sq ft
Median year built: 1993
Close-to-original list price ratio: 95.5%
What Sellers Need to Know
- ✅ Inventory is up: 51.8% more homes for sale means stiffer competition.
- ✅ Small price dip: Median price is down 1.3% — pricing right is key.
- ✅ Plan for time: Expect 81 days from list to close on average.
- ✅ Negotiation is normal: Homes are selling for 95.5% of original list price.
- ✅ Condition matters: Updated, well-maintained homes are still commanding attention.
What Buyers Need to Know
- ✅ Plenty of options: Inventory is way up — buyers have more to choose from.
- ✅ Room to negotiate: Sellers are adjusting, and concessions are back on the table.
- ✅ Values holding steady: Despite the dip, Rowlett remains an attractive long-term play.
- ✅ Time to shop: Homes are on market longer, so take time to compare and inspect.
- ✅ Think beyond the price: With a median build year of 1993, consider upgrade costs in your budget.
📍 Market Updates by City
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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.
