Katy, TX Home Values & Market Trends
Real estate market trends reflect that there have been 6,033 transactions over the past year in Katy. The median value for residential home transactions that occurred over the previous year is $366,874.46. The number of current listings in Katy is 59, and the percentage of properties for sale in the city is 33.15%. Katy, TX currently has 119 properties in foreclosure, 5 bank owned properties, 114 properties headed for auction, and 59 properties for sale.
Katy, TX Real Estate Market Overview
Housing Market Summary for Katy, TX
| Sep 2022 | September 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $360K | $361.6K | 0.44% |
| Median Sold Price | $355.2K | $361.6K | 1.80% |
| Homes For Sale | 59 | 59 | - |
| Homes Sold | 4,149 | 2,829 | -31.81% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Katy, TX
Browse Homes in Katy, TX
Katy home values range from $21,926 to $3,977,012. The median estimated value of a home in Katy is $366,874.46. The median list price of a home is 349,950, and the total count of properties in the city is 115,839.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Katy, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Katy, TX; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Katy, TX ranges from the highest value of $495,653 in 77494 to the lowest value of $271,641 in 77449. Bank owned homes and properties account for 0.00% of properties in Katy, TX. There are 4 zips within Katy, TX; 77494 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions77449 has 56 auction properties, the highest number of properties going to auction in a single zip in the state of Katy, TX. Auction homes and other auction properties account for 0.10% of all properties in Katy, TX. There are 4 zips within Katy, TX; of those zips, the median estimated home value for homes going to auction ranges from $1,568,020 in 77450 to the lowest value of $178,200 in 77450.