Housing Prices in Northwest Rockwall, TX

How much do homes in Northwest Rockwall, TX cost?

Median List Price

$496,916

$198/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$11,916(+2.5%)

Key Takeaway

The list price of homes in Northwest Rockwall has increased by 2.5% since last year.

Summary: The median home list price in Northwest Rockwall was $496,916 in March 2024, up 2.5% from the previous year, and the median price per square foot was $198.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$390K
N/A
2 $397.9K$394.5K
-0.9%
3 $411.2K$410K
-0.3%
4 $500K$537K
+7.4%
5+ $694.5K$675.5K
-2.7%

Summary: Northwest Rockwall housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 2.7%.

Median List Price Compared To Nearby Cities

Rowlett
+3.8%
Rockwall
+2.7%
Northwest Rockwall
+2.5%
Fate
-0.4%
Northeast Rockwall
-2.3%

Housing Supply in Northwest Rockwall, TX

How many homes are available in Northwest Rockwall, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
224237+5.8%

Summary: The Northwest Rockwall real estate market had 237 homes for sale in March 2024, a 5.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 8586
+1.2%
4 93103
+10.8%
5+ 4246
+9.5%

Summary: The Northwest Rockwall housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 9.5%.

Days on Market for Northwest Rockwall, TX

How long does it take to sell a home in Northwest Rockwall, TX?

Average Listing Age

Mar 2023Mar 2024CHANGE
141 Days76 Days-46.0%

Summary: Homes in Northwest Rockwall had an average listing age of 76 days in Mar 2024, down by 46% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

Newest Listings in Northwest Rockwall, TX

Nearby Markets to Northwest Rockwall, TX

What housing markets are near Northwest Rockwall, TX?