Housing Prices in Northwest Rockwall, TX
How much do homes in Northwest Rockwall, TX cost?
Median List Price
$498,800
$199/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Northwest Rockwall has increased by 0.8% since last year.
Summary: The median home list price in Northwest Rockwall was $498,800 in May 2024, up 0.8% from the previous year, and the median price per square foot was $199.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $390K | N/A |
| 2 Bedrooms | $389.9K | $399.9K | +2.6% |
| 3 Bedrooms | $415.8K | $411.6K | -1.0% |
| 4 Bedrooms | $515K | $549.9K | +6.8% |
| 5+ Bedrooms | $699K | $677.2K | -3.1% |
Summary: Northwest Rockwall housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 3.1%.
Median List Price Compared To Nearby Cities
| Rowlett | $400K | $418.9K | +4.7% |
| Rockwall | $530K | $545.5K | +2.9% |
| Fate | $386K | $389.8K | +1.0% |
| Northwest Rockwall | $495K | $498.8K | +0.8% |
| Northeast Rockwall | $384.5K | $378.1K | -1.7% |
Housing Supply in Northwest Rockwall, TX
How many homes are available in Northwest Rockwall, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 239 | 272 | +13.8% |
Summary: The Northwest Rockwall real estate market had 272 homes for sale in May 2024, a 13.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 87 | 88 | +1.1% |
| 4 Bedrooms | 107 | 124 | +15.9% |
| 5+ Bedrooms | 39 | 54 | +38.5% |
Summary: The Northwest Rockwall housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 38.5%.
Days on Market for Northwest Rockwall, TX
How long does it take to sell a home in Northwest Rockwall, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 117 Days | 67 Days | -42.5% |
Summary: Homes in Northwest Rockwall had an average listing age of 67 days in May 2024, down by 42.5% compared to the previous year.
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