Katy, TX 77494 Real Estate Market Report

ZIP Code: 77494
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. 587,209 median sold price is the primary indicator of recent market value and suggests transactions are settling around this level; given the sample data context, this represents the most reliable signal of realized pricing in the neighborhood. contextual

2. 512,500 median listing price is noticeably different from the median sold price, which may indicate pricing friction between seller expectations and realized sale outcomes and suggests careful comparative pricing is warranted when listing homes. flat

3. 130 median days on market points to slower sales velocity and, when combined with elevated inventory relative to sales activity in the sample, may indicate longer marketing periods are required to achieve the neighborhood's representative recent sale prices. down

4. 171 median price per square foot and a reported price year-over-year trend of flat support a broadly balanced valuation environment, while rent is reported down and interest rate pressure is moderate, so buyers and sellers should expect a neutral market temperature with cautious negotiating dynamics. neutral

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Notable Properties

The following 8 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.