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Featured local agent — Fate, TX
Sarah Mitchell
Compass Real Estate · Fate, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fate, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$365,024median sale price
How is the Fate, TX housing market right now?
The median home sale price in Fate, TX is $365,024, down 3.2% year-over-year. Homes sell in an average of 68 days with 164 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Fate a buyer's or seller's market?
Fate, TX is currently a buyer's market, based on 6.1 months of supply and homes selling in about 68 days. How we determine this →
Homes sold
27
Last 12 weeks
Days on market
68
Average pace
Active listings
164
6.1 months supply
Sale-to-list
98.4%
Below asking
What does the Fate housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $365,024 |
| Median list price | $373,950 |
| Year-over-year price change | -3.2% |
| Average days on market | 68 days |
| Active inventory | 164 listings |
| Months of supply | 6.1 months |
| Sale-to-list price ratio | 98.4% |
| Median price per sq ft | $180/sq ft |
| Homes sold (latest month) | 27 |
| New listings (latest month) | 36 |
| Listings with a price cut | 42.1% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Fate by property type?
How the Fate, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $365,024 | $180/sq ft | 27 | 68 days |
Source: Redfin · Updated monthly
The Fate housing market is currently classified as a buyer's market with a median sale price of $365,024. Prices have fallen 3.2% compared to last year, with homes spending an average of 68 days on market, indicating 6.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.8x provides context for how home values compare to local earning capacity.
Homes for sale in Fate
There are currently 164 homes listed for sale in Fate, Texas. The median listing price is $374K.
Active listings
164
Homes on market
Median list price
$374K
Avg. days on market
68
Days until sale
New this week
36
Newly listed
Who lives in Fate?
Population
20,757
Median income
$129,500/yr
Median age
31.8 years
Owner-occupied
88.8%
College grads
41.1%
Avg commute
35.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Fate?
Zillow home value
$359,846
Zillow rent index
$2,147/mo
Price-to-rent ratio
14.0x
Price-to-income
2.8x
Source: Zillow Research
What is it like to live in Fate?
Fate is a community of approximately 21K residents with a median age of 31.8 years.The median household income is $129,500, which reflects a relatively affluent area with strong earning potential. 41.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 88.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Fate offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Fate?
5 schools tracked · 3,762 students
The largest public schools serving Fate, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
BOBBY SUMMERS MIDDLE
Grades 6-8 · 1,079 students
LUPE GARCIA EL
Grades PK-6 · 796 students
MISS MAY VERNON EL
Grades PK-5 · 765 students
BILLIE STEVENSON EL
Grades PK-6 · 749 students
PIONEER TECHNOLOGY (PTAA) FATE
Grades 5-12 · 373 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Fate, TX?
Want a head-to-head view? Compare Fate side-by-side with any other U.S. city using our market-comparison tool.
Is Fate a good real estate investment market?
For investors evaluating Fate, the price-to-rent ratio of 14.0x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 3.2% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Fate's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Fate's median home price.
Frequently asked questions
What is the average home price in Fate?
The median home sale price in Fate is $365,024, down 3.2% from last year.
How long do homes stay on market in Fate?
Homes typically spend 68 days on market before going under contract.
What is the median income in Fate?
The median household income is $129,500 per year.
Is Fate a buyer's or seller's market?
With 6.1 months of supply, Fate is currently a buyer's market.
What is the Zillow home value estimate for Fate?
The Zillow Home Value Index (ZHVI) for Fate is $359,846, representing the typical home value in the area.
How much does a single-family home cost in Fate?
The median single-family home price in Fate, TX is $365,024 (about $180 per square foot).
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