Katy, TX Home Values & Market Trends
Real estate market trends reflect that there have been 5,343 transactions over the past year in Katy. The median value for residential home transactions that occurred over the previous year is $360,804.85. The number of current listings in Katy is 81, and the percentage of properties for sale in the city is 81.00%. Katy, TX currently has 136 properties in foreclosure, 8 bank owned properties, 128 properties headed for auction, and 81 properties for sale.
Katy, TX Real Estate Market Overview
Housing Market Summary for Katy, TX
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $367K | $335.9K | -8.46% |
Median Sold Price | $342.1K | $335.9K | -1.79% |
Homes For Sale | 48 | 77 | 60.42% |
Homes Sold | 2,162 | 2,119 | -1.99% |
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 $18,996 to $6,571,436. The median estimated value of a home in Katy is $360,804.85. The median list price of a home is 400,000, and the total count of properties in the city is 120,123.
- 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 10 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 $655,000 in 77450 to the lowest value of $199,900 in 77449. Bank owned homes and properties account for 0.01% of properties in Katy, TX. There are 10 zips within Katy, TX; 77450 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions77449 has 61 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 0.11% of all properties in Katy, TX. There are 10 zips within Katy, TX; of those zips, the median estimated home value for homes going to auction ranges from $433,599 in 77494 to the lowest value of $213,072 in 77494.
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Guide for Katy, TX
Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence
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