Home Values

Rowlett Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$174,900

  • 11.5% 1-year change
  • 5.6% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Warm

Buyers' Market
Sellers' Market

The median home value in Rowlett is $174,900. Rowlett home values have gone up 11.5% over the past year and Zillow predicts they will rise 5.6% within the next year. The median list price per square foot in Rowlett is None. The median rent price in Rowlett is $1,495, which is higher than the Dallas-Fort Worth Metro median of $1,350.

Foreclosures will be a factor impacting home values in the next several years. In Rowlett 4.7 homes are foreclosed (per 10,000). This is greater than the Dallas-Fort Worth Metro value of 3.9 and also greater than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Rowlett is 4.1%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Rowlett homeowners underwater on their mortgage is 6.4%, which is lower than Dallas-Fort Worth Metro at 8.6%.

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Relative ZHVI
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Rowlett Market Overview

Data through Apr 30, 2015
  • $174,900 ZHVI
  • 5.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $191,102 Median sale price
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Rowlett Market Health

Data through Apr 30, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 6.4% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 4.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

4.7 homes Rowlett
3.9 homes Dallas-Fort Worth Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Heath $369,100
Sunnyvale $291,500
Murphy $263,400
Name Median ZHVI
Rockwall $183,400
Sachse $178,700
Lavon $162,500
Name Median ZHVI
Wylie $158,100
Garland $113,300
Mesquite $101,800

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $89 Median sale price / sq ft
  • No data Listings with price cut
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Rowlett Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,571 Rowlett
    $1,465 Dallas-Fort Worth Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,495 Rent list price
  • $0.77 Rent list price / sq ft
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