Market Overview
Home Prices in Fate, TX
The median home value in Fate, TX is $359,846 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.6% compared to a year ago and down 2.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fate are priced12% below average. Fate is part of the Dallas-Fort Worth-Arlington, TX metro area.
Over the past five years, Fate home values have risen by approximately11.6%, reflecting steady appreciation in this market.
Price History
Fate Home Price Trend
City Comparison
Fate vs. National Median
At $359,846, homes in Fate cost 12% below the national median of $410,000. This makes Fate a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fate?
20% Down Payment
$71,969
on $359,846
Monthly P&I
$1,877/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,384/mo
incl. taxes & insurance
Income Needed
$95,360
gross annual (30% rule)
10% Down Option
$35,985
+ PMI applies
Loan Amount (20% dn)
$287,877
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Fate, TX?
The median home value in Fate is $359,846 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.6% year-over-year.
How much have home prices changed in Fate?
Over the past year, home values in Fate have decreased by 3.6%. Over five years, prices have risen approximately 11.6%.
How much do I need to earn to buy a home in Fate?
To comfortably afford the median home price of $359,846 with a 20% down payment ($71,969) at today's rates (6.8%), you'd need a gross annual income of approximately $95,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Fate compare to the national average home price?
The national median home value is approximately $410,000. At $359,846, homes in Fate are 12% below the national average.
What metro area is Fate part of?
Fate is part of the Dallas-Fort Worth-Arlington, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.