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
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 Market | 93 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 32.2% |
| Homes Sold | 20 |
| Active Inventory | 149 |
| Price Per Sq Ft | $155 |
Ownership & Stock
| Owner-Occupied | 88.8% |
| Renter-Occupied | 11.2% |
| Homeownership Rate | 88.8% |
| Total Housing Units | 6,160 |
| Median Year Built | 2012 |
| Rent Burden | 30.6% |
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