Rockwall, TX—75087
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Rockwall, TX
Home Price Trends — Rockwall, TX
As of Oct '25, the median home price in Rockwall, TX is $442,000, with a year-over-year change of -2.8%. This indicates that home prices in Rockwall, TX are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $442,000 | -2.8% |
| Single Family | $442,000 | -3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $265,000 | -4.0% |
3 Bed | $371,000 | -3.4% |
4 Bed | $474,000 | -3.5% |
| 5 Bed | $581,000 | -2.0% |
% of Housing Stock
Rental Trends — Rockwall, TX
As of July '25, Rentcast reports the average rent in Rockwall, TX is $2,250, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Rockwall, TX is 1-bedrooms: $1,320, 2-bedrooms: $1,670, 3-bedrooms: $2,290, 4-bedrooms: $3,100. The most common rental property sizes in Rockwall, TX are 1-bedroom and 2-bedroom, accounting for 26.8% and 26.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,020 | $2,250 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,310 | $1,320 |
| 2 Bed Rent | $1,650 | $1,670 |
| 3 Bed Rent | $2,280 | $2,290 |
| 4 Bed Rent | $2,750 | $3,100 |
% of Rental Stock
Property Listings — Rockwall, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Rockwall, TX is 74. This is a increase of 28.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $511,000 | 2.0% |
Listing Count | 419 | 10.0% |
| Listings as % of Homes | 1.3% | 10.0% |
Days on Market | 74 | 28.0% |
Demographics — Rockwall, TX
As of the latest ACS Survey released in 2023, Rockwall, TX has a population of 41,800, which has increased by 24.2% over the past 5 years. Rockwall, TX is a popular place for families, as children make up 27.5% of the population. The area has a highly educated workforce, with 50.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,800 | 24.2% |
% Under 18 | 27.5% | 5.0% |
% Seniors | 14.9% | -2.6% |
% WFH | 20.5% | 120.4% |
% w/ College Degree | 50.0% | 9.2% |
As of the latest ACS Survey released in 2023, Rockwall, TX is a predominantly white area, with 68.8% of the population identifying as white. The white population has shrunk by 13.7% in the last 5 years. The second most common race or ethnicity in Rockwall, TX is hispanic, making up 16.5% of the population. Foreign-born residents account for 7.8% of the population in Rockwall, TX, and this percentage has increased by 47.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 68.8% | -13.7% |
% Black | 7.2% | 157.1% |
% Hispanic | 16.5% | 36.4% |
% Asian | 4.0% | 53.8% |
% Foreign Born | 7.8% | 47.2% |
Mortgage and Risk — Rockwall, TX
According to HUD data as of 2023, there were 1200 mortgage originations in Rockwall, TX, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Rockwall, TX. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,200 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Rockwall, TX
As of 2024, the percent of homes in Rockwall, TX under the Section 8 program is 4.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Rockwall, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 189 |
Total Units Section 8 | 125 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $430 | $1,310 | $1,740 |
| 2 Bedroom | $390 | $1,650 | $2,040 |
| 3 Bedroom | $280 | $2,280 | $2,560 |
| 4 Bedroom | $530 | $2,750 | $3,280 |
Affordability — Rockwall, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $442,000 |
| Median Household Income | $129,000 |