Is Rockwall, TX 75087 a buyer’s or seller’s market?
Rockwall is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 13% of U.S. ZIP codes, and #563 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Rockwall housing market right now
In the three months ending August 31, 2026, 7% of homes in Rockwall, TX 75087 sold above their list price, the typical home went under contract in 77 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 254 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 5%, homes sold faster (79 days then) and the median sale price rose 6% to $495,785. Overall, Rockwall is more competitive than a year ago, so tougher for buyers.
On our competition score, Rockwall ranks #563 of 868 TX ZIP codes with enough sales (score 19 out of 100).
Nearby, Fate 75132 (20% sold over asking) and Royse City 75189 (10% sold over asking) are even more competitive.
Run the numbers for 75087
Nearby markets
Fate 75132Buyer’s market $145 /sq ftRockwall 75032Buyer’s market $198 /sq ftRoyse City 75189Buyer’s market $159 /sq ft Browse all markets →Towns like Rockwall nearby
Find towns like Rockwall in other states →Where Rockwall is
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Questions about Rockwall real estate
Is Rockwall a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in Rockwall, TX 75087 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Rockwall?
The typical home went under contract in 77 days in the latest three months.
Do homes in Rockwall sell over asking?
7% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.
What are property taxes in Rockwall?
About 1.54% of a home’s value a year in Rockwall County, or roughly $6,160 on a $400,000 home.
What is the median home price in Rockwall?
The median sale price was $495,785 in the three months ending August 31, 2026, about $186 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology