The housing market in 75087 Rockwall, TX is thriving. The median value of a home in the area is $446,900, which is significantly higher than the US median value of $338,100. In the past year, the US house appreciation rate was 8.27%, while Rockwall saw an even more impressive 15.66% increase in housing values. This shows that the area is flourishing and provides a secure investment opportunity for homebuyers looking to purchase property or invest in real estate.
The median home cost in Rockwall (zip 75087) is $446,900. Home appreciation the last 10 years has been 159.8%. Home Appreciation in Rockwall (zip 75087) is up 23.4%.
Average Age of Homes
- The median age of Rockwall (zip 75087) real estate is 17 years old
The Rental Market in Rockwall (zip 75087)
- Renters make up 21.4% of the Rockwall (zip 75087) population
- 0.5% of houses and apartments in Rockwall (zip 75087), 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.