Photo: Sfosterfate · CC BY 4.0439 homes sold in Fate in the last year, at a typical $381K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Fate homes are listed.
Every place Fate homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Fate.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Fate’s sales, at a typical $381K
439 homes sold in the year to May 2026.
typical sale · 439 sold in 12 months
- Per square foot
- $170TX $173
- Days to sell
- 81
- Sold over asking
- 10%
- Listings with a price cut
- 35%
About as many homes sell as usual, at 1.6 times the 2016 price
439 sales in the last year, against 651 in 2020 and a low of 188 in 2012. The typical sale went from $239K in 2016 to $381K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Fate
Check a listing against what Fate homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Fate are rarer than before the pandemic, and more homes are for sale
We read every month of Fate’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 439 sales.
If you’re buying in Fate
- Shop in March. It brings about 54 new listings a month, close to the busiest month, with fewer bidding wars (19% over asking).
- You can negotiate. 35% of listings have cut their price, against 30% before the pandemic.
- Offer under asking. Buyers paid 96.8% of the list price on average; 10% paid over.
- You’ll usually have time. Only 11% of homes go under contract within two weeks; the typical one takes 81 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 64 a month), but June is the most competitive: 28% of June sales close over asking. March offers nearly as much choice with fewer homes bid up (19%). January has the least competition (17%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Texas as a whole
| Fate now | 2017–19 | 2021 peak | TX now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 10% | 15% | 59% | 12% |
| Gone within two weeksShare of homes under contract within 14 days | 11% | 28% | 69% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 35% | 30% | 17% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 96.8% | 98.1% | 102.5% | 96.9% |
| Days to sellMedian days from listing to contract | 81 | 46 | 18 | 71 |
185 homes for sale on a typical day
That’s 4.5 times the 2021 low (41) and 69% more than in 2017–19.
1 in 3 listings has cut its price
35% in the last year, against 30% in 2017–19 and 30% across Texas.
Fate ranks 247th of 372 busy Texas markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Fate is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Fate home costs about $2,524 a month
Price: Fate’s typical sale, last 12 months. Property tax at Fate’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Fate is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 32.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $381K home, about $6,450 a year.
Taxes vs. neighborsSchools
The schools grade for Fate, from test results, graduation and how much students grow.
Schools in FateCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Royse City and Lavon sell for less a square foot; Heath for far more
The busier markets within 25 miles of Fate, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Rockwall | 860 | $528K | $191 | 10% | 104 |
| Lavon | 543 | $346K | $160 | 7% | 104 |
| Fate | 439 | $381K | $170 | 10% | 81 |
| Royse City | 344 | $322K | $154 | 11% | 104 |
| Heath | 219 | $777K | $233 | 11% | 109 |
| McLendon-Chisholm | 132 | $606K | $199 | 6% | 134 |
| Nevada | 21 | $483K | $208 | 14% | 48 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Fate, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Fate. People who follow the town see it, and so do people comparing Fate with their own town. No commission, no listing fee.
Questions about buying a home in Fate
What do homes sell for in Fate, TX?
439 homes sold in the year to May 2026 at a typical $381K, $170 a square foot.
Is Fate a buyer’s or seller’s market?
A buyer’s market: 164 homes were for sale in May 2026 and 27 sold, about 6.1 months of supply. Buyers paid 96.8% of asking on average, and 35% of listings cut their price.
When is the best time to buy in Fate?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Fate?
About 1.7% of a home’s value a year. On a $381K home that’s near $6,450.
Where can I see homes for sale in Fate?
Zillow, Redfin, Realtor.com and Homes.com all carry Fate’s MLS listings; the search links above open each one filtered to Fate.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).