Is Fate, TX 75132 a buyer’s or seller’s market?
Fate is a buyer’s market. With about 10.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Fate housing market right now
In the three months ending August 31, 2026, 20% of homes in Fate, TX 75132 sold above their list price, the typical home went under contract in 63 days and there were 10.9 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (101 days then) and the median sale price fell 10% to $254,790. Overall, Fate is more competitive than a year ago, so tougher for buyers.
Nearby, buyers who want less competition could look at Rockwall 75032 (5% sold over asking) or Rockwall 75087 (7% sold over asking).
Run the numbers for 75132
Nearby markets
Rockwall 75032Buyer’s market $198 /sq ftRockwall 75087Balanced $186 /sq ftRoyse City 75189Buyer’s market $159 /sq ft Browse all markets →Where Fate is
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Questions about Fate real estate
Is Fate a buyer’s or seller’s market?
A buyer’s market: there were 10.9 months of supply in Fate, TX 75132 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 Fate?
The typical home went under contract in 63 days in the latest three months.
Do homes in Fate sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.
What are property taxes in Fate?
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 Fate?
The median sale price was $254,790 in the three months ending August 31, 2026, about $145 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