Katy, TX Real Estate & Homes for Sale

Katy, TX Housing Market

The Katy housing market is somewhat competitive, with homes receiving an average of two offers and selling in about 30 days. The median sale price declined to $350K last month, down 7.9% from last year, while the median price per square foot dropped 4.1% to $164. This suggests softer pricing trends, though steady buyer activity keeps the market moving at a moderate pace.

Katy is highly regarded for its public schools, particularly within the Katy Independent School District (Katy ISD), which is one of the top-rated districts in Texas. Many homebuyers move to Katy specifically for school access, making school zoning one of the most important factors to consider. Homes in zones tied to top-performing schools tend to hold their value better and attract more long-term demand. Be sure to verify school boundaries before purchasing, as they can vary even within the same neighborhood.

Katy is known for its well-designed master-planned communities, such as Cinco Ranch, Firethorne, and Elyson. These developments often include pools, parks, fitness centers, trails, and community events. However, HOA fees and amenity access vary. If community lifestyle is important to you, consider which amenities are offered and how they align with your needs. Some communities also have gated access, enhanced security, or specific architectural standards that affect your long-term experience.

Like many parts of the Greater Houston area, certain areas in Katy are prone to flooding. It’s critical to check FEMA flood maps, request elevation certificates, and understand flood insurance requirements before buying. Even homes outside designated flood zones can be at risk during major weather events. Choosing a home with proper drainage, elevation, and mitigation measures is essential for both peace of mind and insurance costs.

Katy offers convenient access to major highways like I-10 and the Grand Parkway (99), which connect to Houston and surrounding areas. However, commute times can vary significantly depending on your location within Katy and your destination. Some parts of Katy are closer to major job centers, while others offer a quieter suburban setting but longer travel times. Consider your daily routine and traffic patterns when selecting a neighborhood.

As of April 2025, Katy is a buyer’s market, meaning there are more homes available than active buyers. This gives you more room to negotiate on price, closing costs, and contingencies. However, well-maintained homes in desirable school zones or updated properties may still move quickly. Knowing where you have leverage—and where you don’t—is key to making a smart, timely offer. We can help you assess local comps and identify where negotiation opportunities exist.

Katy has a strong inventory of both new construction homes and resales. New builds often come with warranties, energy-efficient features, and design customization, but they may be farther from the city core or come with higher tax rates (due to MUDs or PID fees). Resale homes are typically in more established neighborhoods with mature landscaping and shorter commutes but may require renovations. We can help you compare options and determine what best fits your lifestyle and budget.

Katy, TX Guide

Discover everything Katy, TX has to offer by exploring our detailed neighborhood guide! Whether you're searching for family-friendly communities, top-rated schools, or easy access to Houston, our guide has all the insights you need to find the perfect neighborhood. Start browsing now and see why Katy is one of the most desirable places to live in Texas!