Katy, TX

Buyer's market-0.3% YoY

Housing market overview · Updated weekly

$328,915median sale price

Homes sold

408

Last 12 weeks

Days on market

59

Average pace

Active listings

1,722

4.2 months supply

Sale-to-list

93.8%

Below asking

The Katy housing market is currently classified as a buyer's market with a median sale price of $328,915. Prices have fallen 0.3% compared to last year, with homes spending an average of 59 days on market, indicating 4.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Katy?

The median home sale price in Katy is $328,915, down 0.3% from last year.

How long do homes stay on market in Katy?

Homes typically spend 59 days on market before going under contract.

Is Katy a buyer's or seller's market?

With 4.2 months of supply, Katy is currently a buyer's market.

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