Real Estate Market Update for Rowlett, TX

Video: Real Estate Community Tour for Rowlett, TX

See Real estate community tour for Rowlett, TX
Welcome to January's Market Update. Lets take a look at residential real-estate activity in your area during the month of December. The number of active listings was up 3% from one year earlier, and down 25% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 290-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 26%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 250-thousand dollars. The number of units sold decreased 38% year-over-year, and increased 20% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Rowlett, TX
Area Information for Rowlett, TX
  • Population: 57,017
  • Median Age: 38.01 yr
  • Median Commute Time: 32 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 2,790/sq mi
  • Population Change Since 2000: 29.34%
  • Closest Airport: Dallas Love Field
  • Closest College: Amberton University
  • Closest Jr. College: Remington College-dallas Campus
  • Median Household Income: $82,489
  • Annual Residential Turnover: 7%
  • Median Home Sales Price: $195,312
  • Closest Major Sports Team: Dallas Mavericks
  • Change Avg. Household Income Since 2000: 17.67%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Rowlett, TX
Median Age: 38.01 Married: 47% Number of Households: 18,594 Households with Children: 7,615
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Rowlett, TX

      School Name Distance Type Grades School Rating Parent Rating
      Wesleyan Christian Academy 0.5 mi Private PRESCHOOL-K 0 0
      Rowlett High School 0.6 mi Public 9-12 3 4
      Coyle Middle School 0.7 mi Public 6-8 2 3
      Katherine Stephens Elementary School 0.9 mi Public PRESCHOOL-5 2 0
      Back Elementary School 1.3 mi Public PRESCHOOL-5 3 0
      Vernon Schrade Middle School 1.6 mi Public 6-8 3 0
      Giddens Steadham Elementary 1.6 mi Public PRESCHOOL-5 2 0
      Norma Dorsey Elementary School 1.6 mi Public K-5 3 0
      Rowlett Elementary School 1.6 mi Public K-5 3 0
      Primrose School Of Rowlett 1.8 mi Private PRESCHOOL-K 0 0
      Nita Pearson Elementary School 1.9 mi Public PRESCHOOL-5 4 0
      Herfurth Elementary School 2.1 mi Public K-5 2 5
      Keeley Elementary School 2.1 mi Public K-5 4 0
      Rockwall Christian Academy 2.3 mi Private PRESCHOOL-12 0 0
      Doris Cullins-lake Pointe Elementary School 2.8 mi Public PRESCHOOL-6 2 0
      Liberty Grove Elementary School 3.2 mi Public PRESCHOOL-5 1 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Rowlett, TX
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.