Home prices
The median home in Fate costs $256,800. In comparison to its nearby areas this is approximately $24,500 (8%) lower.Compared to the entire nation it is approximately $39,300 (18%) higher, and in comparison to the city of Dallas is about $68,700 (36%) higher.
Rents
Fate's median rent is $2,004 per month. Compared to its surrounding areas it is about $649 (47%) higher.It is about $942 (88%) higher compared to the entire nation, and is about $952 (90%) higher in comparison to the city of Dallas.
Nearby places
Rockwall
Rockwall is Fate's neighbor to the southwest. Its real estate prices are similar. The median home in Rockwall is valued at $261,400, which works out to $4,600 (1%) higher than Fate. Its rents are a lot less expensive. The median monthly rent in Rockwall is $1,295, which comes out to $709 (54%) lower than Fate.
Royse City
Royse City is Fate's neighbor to the northeast. The housing prices there are substantially less expensive. The median home price in Royse City is $188,700, which comes out to $68,100 (36%) lower than Fate. Rent there is a little less expensive. In Royse City the median rent is $1,589 per month, which works out to $415 (26%) lower than Fate.
Lavon
Lavon is approximately 6 miles northwest from Fate. Its housing prices are a little less expensive. The median home in Lavon costs $240,600, which works out to $16,200 (6%) lower than Fate. The rent there is somewhat less expensive. Lavon's median rent is $1,779 a month, which works out to $225 (12%) lower than Fate.
McLendon-Chisholm
McLendon-Chisholm is roughly 6 miles south of Fate. Housing prices there are substantially more expensive. The price of the median home in McLendon-Chisholm is $466,800, which is $210,000 (44%) higher than Fate. The rent there is significantly less expensive. In McLendon-Chisholm the median monthly rent is $1,023, which is $981 (95%) lower than Fate.
Nevada
Nevada is about 7 miles north from Fate. The housing prices there are pretty similar. The median home price in Nevada is $249,000, which comes out to $7,800 (3%) lower than Fate. Rents there are significantly less expensive. The median rent in Nevada is $1,088 per month, which is $916 (84%) lower than Fate.
