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Fate, TX

Full City Profile · Texas · Rockwall County County

3.7 /5.0
B+ Good
20,757 Population 1,706/sq mi density
$129,500 Median Income $40,224 per capita
$361,100 Home Value $359,885 Zillow
$2,528 Median Rent 30.6% income on rent
66°F Avg Temperature 330 sunny days/yr
39 Violent Crime/100K 475 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$129,500 median income, 4.7% unemployment
A+
Affordability
5.0 / 5.0
$361,100 home value, $2,528/mo rent
F
Safety
1.0 / 5.0
39 violent crimes/100K
A
Education
4.3 / 5.0
41.1% bachelor's degree or higher

Housing Overview

Median Home Value
$361,100
28% above
US avg: $281,900
Median Rent
$2,528/mo
117% above
US avg: $1,163/mo
Homeownership Rate
88.8%
36% above US avg (65.4%)
Total Housing Units
6,160
Median year built: 2012

Home Value by Source

Census Median
$361,100
Zillow (ZHVI)
$359,885
Median Sale Price
$379,530
Median List Price
$375,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.8%
Owner-Occupied
11.2%
Renter-Occupied
89%
11%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $2,528/mo · Zillow rent: $2,007/mo

Market Indicators (Redfin)

Median Days on Market
93 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
20
Price Drops
32.2%
of listings with price reduction
Price Per Sq Ft
$155
Active Inventory
149
homes for sale

Affordability & Housing Stock

Rent Burden
30.6%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
2012
Average age of housing stock: 14 years
Homeownership Rate
88.8%

Complete Housing Data

Home Values

Census Median Value$361,100
Zillow Home Value (ZHVI)$359,885
Median Sale Price$379,530
Median List Price$375,000
Price Per Sq Ft$155

Rent

Census Median Rent$2,528
Zillow Rent (ZORI)$2,007
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market93
Sale-to-List Ratio1.0%
Price Drops32.2%
Homes Sold20
Active Inventory149
Price Per Sq Ft$155

Ownership & Stock

Owner-Occupied88.8%
Renter-Occupied11.2%
Homeownership Rate88.8%
Total Housing Units6,160
Median Year Built2012
Rent Burden30.6%