75087 Home Values
75087 Market Snapshot
| Active 590 listings | New 144 30 days | Closed 93 30 days | Pending 18 30 days | Supply 7.3 months | Absorption 10.5% monthly | Over List 2.8% sold above | Under List 60.3% sold below | Concessions 57% % of solds | Avg Concession $10,931 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 2026
75087 Market Trends
Rockwall Builds Big on Lake Views
Rockwall's 75087 runs the full gamut from legacy ranch-style houses on half-acre lots near the old downtown core to brand-new two-story production homes filling out master-planned communities like Monterra, Breezy Hill, and Cornerstone Haven. Lakefront properties along Ray Hubbard anchor the top tier, while Woodcreek and Avondale in neighboring Fate deliver attainable single-story builds aimed at young families. Expect full-brick exteriors, three-car garages on anything above the mid-fours, and an aggressive new-construction pipeline from Coventry, Pacesetter, Highland, and Grand Homes.
The average concession in 75087 climbed toward $12,000 in the most recent quarter — up roughly $1,200 from the annual baseline — even as the concession rate held near six in ten transactions, based on MLS data for 2026-06 closings in 75087. Sellers are giving back roughly four cents on the dollar at closing, a shade better than the trailing-year average, yet the growing dollar value of those concessions signals that buyers are extracting more in absolute terms. Price per square foot settled around $190, modestly below the annual pace of $194. Fewer than two in ten transactions closed above list, leaving sellers with limited evidence of competitive pricing pressure.
The negotiation dynamic in 75087 finds support in the pipeline: active listings outnumber pending contracts by nearly five to one, and months of supply at roughly seven and a half sits just below the Rockwall County benchmark of eight months. New listings added well over 400 homes during the quarter while the pending count points to modest near-term absorption. The supply-demand imbalance shows no sign of tightening, suggesting the concession-driven closing pattern has room to persist heading into the second half of the year.
Market Updates
The average concession in 75087 climbed toward $12,000 in the most recent quarter — up roughly $1,200 from the annual baseline — even as the concession rate held near six in ten transactions, based on MLS data for 2026-06 closings in 75087. Sellers are giving back roughly four cents on the dollar at closing, a shade better than the trailing-year average, yet the growing dollar value of those concessions signals that buyers are extracting more in absolute terms. Price per square foot settled around $190, modestly below the annual pace of $194. Fewer than two in ten transactions closed above list, leaving sellers with limited evidence of competitive pricing pressure.
The negotiation dynamic in 75087 finds support in the pipeline: active listings outnumber pending contracts by nearly five to one, and months of supply at roughly seven and a half sits just below the Rockwall County benchmark of eight months. New listings added well over 400 homes during the quarter while the pending count points to modest near-term absorption. The supply-demand imbalance shows no sign of tightening, suggesting the concession-driven closing pattern has room to persist heading into the second half of the year.
Homes in 75087 are moving to closing faster than their annual pace, with median days on market in the most recent quarter running nearly two weeks shorter than the trailing-year baseline — a notable compression signal based on MLS data for 2026-05 closings in 75087. Price per square foot settled around $190, modestly below the annual average, while sellers continued giving back roughly four cents on the dollar at closing. Concession rates held near six in ten transactions, and the average concession climbed toward $12,000. Fewer than two in ten transactions closed above list, confirming that the faster velocity is not translating into pricing power for sellers.
Active listings in 75087 are running at roughly four and a half times the number of pending contracts, a ratio that points toward extended absorption timelines heading into summer. New listing activity added nearly 390 homes over the quarter while closings absorbed just over 200, widening the supply overhang. Months of supply sits just above seven and a half — a shade tighter than the Rockwall County benchmark — but the gap between incoming supply and pending demand suggests velocity gains at the closing table have not yet translated into a tighter pipeline.
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Market data last updated Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 27, 2026, 7:08 PM CDT
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