Rockwall County Housing Trends: Navigating the February 2026 Shift in New Construction and Resale

The Rockwall County real estate market in February 2026 is evolving into a landscape increasingly favorable for those looking to enter the market. While inventory levels show mixed trends across sectors, a notable decline in mortgage rates and shifting price dynamics are creating what the latest data describes as "Great News for Buyers".

New Construction: Surging List Prices Amidst Tightened Supply

The new construction sector in Rockwall County is experiencing a unique trend where sellers are raising expectations despite a slight contraction in total active inventory.

• Inventory Activity: There are currently 401 active listings , a marginal decrease of 0.2% from January 2026 and 6.7% lower than the previous year. However, fresh inventory is hitting the market, with 113 new listings representing a significant 39.5% month-over-month increase.

  
  

• Pricing Trends: The average list price has climbed to $562.67K , up 17.9% from last month. Conversely, the average closed sales price fell 25.2% month-over-month to $561.60K, suggesting that while new high-end inventory is being listed, recent closings have centered on more moderately priced units.

Key New Construction Market Trends:

• Months Supply: 4.8.

• Days on Market: 130.

• Percent of Original Price: Sellers are receiving 89.5% of their original list price.

  
  

Resale Market: Growing Options and Competitive Closings

The resale market continues to be the largest sector of the Rockwall County landscape, showing growth in both active listings and closed price performance.

• Inventory Levels: Active listings rose to 630 , a 5.4% increase from January and 9.2% higher than February 2025. New listings also saw a healthy bump, up 9.9% for the month.

  
  

• Closed Performance: While the average list price dropped 9.4% this month to $475.34K , the actual closed sales price told a different story, rising 17.7% month-over-month to $567.20K.

  
  

Key Resale Market Trends:

• Months Supply: 5.4.

• Days on Market: 72 , a slight 1.1% decrease year-over-year.

• Buyer Advantage: Homes are selling for 93.5% of their original price , which is a 0.3% increase in value retention for sellers compared to last year.

  
  

Rental Market: A Surge in Leasing Velocity

The Rockwall County lease market is seeing a massive uptick in closed activity, even as the total pool of active listings begins to shrink.

• Supply and Demand: Active listings dropped 14.4% this month to 232 , yet remained 25.4% higher than last year. Despite fewer new listings entering the market this month (down 9.1%) , closed sales skyrocketed by 37.3% month-over-month.

  
  

• Lease Pricing: The average list price for a rental is $2.57K , with the average closed lease price sitting at $2.40K , a 7.9% decrease year-over-year.

  
  

Key Rental Market Trends:

• Months Supply: 2.95.

• Days on Market: 76.

• Percent of Original Price: Properties are leasing for 94.4% of their original asking price.

  
  

Overall Market Outlook: A Buyer-Centric Shift

The overarching theme for February 2026 is one of increased opportunity for buyers. The average mortgage rate has cooled to 6.23%, a decrease of 0.60% from the previous year. With the resale market offering 5.4 months of supply and sellers in the new construction sector often closing at roughly 90% of their original asking price, buyers have more leverage and better financing options than they did a year ago.

Important Note:

This analysis is based on data from NTREIS (North Texas Real Estate Information Systems) as of February 28, 2026.  Market conditions can change rapidly, and this report is intended for informational purposes only. It should not be considered a guarantee of future market performance.