75087 Home Values

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.

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.