Rowlett's October First-Time Homebuyer Report

Rowlett is a relatively small city in Texas with a median income of $76,041 per household. Besides being very affluent, its population is younger than others with a median age of 36 years. The Rowlett market is almost exclusively made up of detached homes, currently accounting for 99% overall. Topping the list of best schools in the city is Keeley Elementary School.

Culture

According to Foursquare, LA Fitness and Rowlett Community Center are the most popular outdoor attractions in Rowlett. You might also try Fuzzy's Taco Shop, Chick-fil-A, and Raising Cane's Chicken Fingers, a few popular places to dine out. To top it off, one of the most popular places to get a drink is Firewheel Brewing Co.

Price Range

Homes in Rowlett are generally more expensive than others in the state with a median home value of $128,000 and an average list price of $289,442. The Rowlett market broke below its 12-month average sales volume this week as sales dropped 15.2% to hit 78 homes sold over the last 30 days.

Curious as to which homes have been getting the most attention in Rowlett? These listings have stirred up interest and produced the most views:

$390K   $458K   $315K  

Typical Dwelling

A three-bedroom detached home valued around $191,753 is considered a typical dwelling in Rowlett. If a buyer was looking for a similar home, they would need good credit and a $38,351 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,320 and the property tax rate is $17.84 per $1,000 of taxable assessed value.

Get started right now by checking out Rowlett homes for sale or reviewing Rowlett real estate trends.


Data reported through 10/13/2016

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