Katy, TX 77493 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood's representative recent sale is 356,641 (median sold price), which should be treated as the primary indicator of current market value and recent transaction activity; relative to asking behavior this suggests sellers must align expectations with realized prices.
2. There is a meaningful gap between the 384,950 (median listing price) and the median sold price, which may indicate pricing friction where seller expectations exceed recent transaction levels and suggests sellers should prioritize accurate pricing to achieve closings.
3. With 34 (median days on market) for analyzed sales, the market displays moderate transaction velocity—this pace, combined with elevated inventory relative to sales activity, appears to give buyers more time to negotiate and requires sellers to focus on pricing and condition to reduce market exposure.
4. Macro signals show a neutral (market temperature) local market and elevated (interest rate pressure) interest-rate pressure; price and rent trends are flat (price year-over-year trend and rent year-over-year trend), so expect limited directional appreciation near term and prioritize deal structuring and financing clarity when underwriting acquisitions.

Notable Properties

The following 7 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.