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Katy

Why you'd want to live in Katy

One of the fastest-growing and most desirable suburbs in the Houston area, Katy is located where Fort Bend County, Harris County and Waller County converge. The Katy Freeway (I-10 West), the Grand Parkway and the Westpark Tollway link Katy to the nearby Energy Corridor and all of Houston. From historic homes and shops in Old Town Katy, to new homes and upscale restaurants in some of the nation’s largest and most popular master planned communities, Katy has it all. The actual City of Katy has a population of about 15,000, but the overall Katy area is home to more than 300,000 people, which is more than Pittsburgh. Katy receives a steady stream of accolades from national publications and groups for its high quality of life, its highly regarded schools and its educated and affluent population. Some of the biggest retail and entertainment complexes in the Houston region are in the Katy area, including Katy Mills Mall, home to more than 200 premium outlet stores, and LaCenterra at Cinco Ranch, offering dozens of shops, restaurants, salons and cafes in a pedestrian friendly Main Street atmosphere. The University of Houston and Houston Community College both have campuses in Katy. via houstonnewcomerguides.com

Katy Market Report

$514,487

AVERAGE PRICE OF 2,211 HOMES

$461,325

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,970,166

AVERAGE PRICE OF 104 MULTI-MILLION DOLLAR HOMES

$457,550

AVERAGE PRICE OF 866 NEWLY BUILT HOMES

$869,401

AVERAGE PRICE OF 238 HOMES WITH A POOL

$489,845

AVERAGE PRICE OF 152 REDUCED PRICE HOMES

Average Home

Average Price $514,487
Avg Bedrooms 3.76 beds
Avg Bathrooms 3.09 baths

Average Price by Bedrooms

1 bedroom $302,880
2 bedrooms $407,164
3 bedrooms $364,087
4 bedrooms $475,773
5 bedrooms $762,274
Katy Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 2,022 1,870 1,848 1,798 1,898
Average Price $505,100 $498,274 $492,735 $491,210 $484,281
Avg Price Change +1.37% +1.12% +0.31% +1.43% +0.35%
Median Price $402,119 $393,917 $389,166 $390,007 $388,912
Med Price Change +2.08% +1.22% -0.22% +0.28% +0.30%
Avg Bedrooms 3.74 beds 3.71 beds 3.7 beds 3.69 beds 3.69 beds
Avg Bathrooms 3.04 baths 2.98 baths 2.98 baths 2.99 baths 2.99 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Paetow High School 594 $513,851 68 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,211 $514,487 61 days
Distressed Homes 4 $461,325 197 days
Multi-Million Dollar Homes 104 $1,970,166 127 days
Newly Built Homes 866 $457,550 77 days
Homes with a Pool 238 $869,401 43 days
Reduced Price Homes 152 $489,845 52 days