The housing market in Rockwall, TX is booming. According to data from the US Census Bureau, the median value of a home in Rockwall is $442,400 - significantly higher than the national median value of $338,100. Furthermore, the 1 year house appreciation rate for Rockwall has been 15.66%, much higher than the US average of 8.27%. With these numbers in mind, it's clear that housing prices in Rockwall are on the rise and this trend shows no signs of slowing down anytime soon.
The median home cost in Rockwall is $442,400. Home appreciation the last 10 years has been 159.8%. Home Appreciation in Rockwall is up 23.4%.
Average Age of Homes
- The median age of Rockwall real estate is 16 years old
The Rental Market in Rockwall
- Renters make up 24.4% of the Rockwall population
- 0.4% of houses and apartments in Rockwall, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.