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The Katy housing market is moderately competitive, with homes typically receiving two offers and selling in about 23 days. Last month, the median sale price was $350,000, reflecting a 6.7% decline compared to the same period last year. The median price per square foot also dipped by 2.9% to $165, indicating some downward pressure on pricing despite continued buyer activity.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In April 2025, the Katy housing market experienced a 6.7% year-over-year decline in home prices, with the median sale price settling at $350,000. Despite the price drop, homes sold slightly faster—averaging 23 days on the market compared to 25 days last year—suggesting continued buyer interest, especially for competitively priced properties. A total of 531 homes were sold in April, a modest increase from 518 the previous year, indicating steady demand even amid softer pricing. This combination of lower prices and faster sales could present favorable conditions for buyers looking to enter the market with more leverage and options.
Katy remains a somewhat competitive market, with homes typically selling in about 31 days. While most properties close for roughly 4% below the list price, well-maintained and desirable homes can receive multiple offers and go pending in as few as 9 days, often selling at or near asking price. Buyers should be prepared to act quickly on standout listings, especially in high-demand neighborhoods or price points.
As of April 2025, Katy, TX is considered a buyer’s market, meaning the supply of homes exceeds current buyer demand. This gives buyers an advantage, with more inventory to choose from, less competition, and increased room for negotiation on price and terms. It's an opportune time for buyers to enter the market with greater flexibility and leverage.
Whether you're relocating, upsizing, or buying your first home, we’re here to guide you through every step of the process. Contact us now for local expertise, curated listings, and to schedule a private showing tailored to your goals.
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.
If you're considering a move to Katy or have questions about the local real estate market, we're here to help. Our team has extensive knowledge of the area and is committed to guiding you through the entire process of finding your ideal property. Don’t wait—reach out now to get expert advice and start your journey to owning a home in Katy!
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!
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