Market Snapshot
- Median listing price
- $538K
- Median rent
- $2,400/mo
- Days on market
- 150 days
- Gross rental yield
- 5.36%
- STR vs LTR
- $1,303/mo STR · $2,400/mo LTR
The median listing price in Katy, TX ZIP 77494 is $537,500 as of June 2026.
The median market rent in Katy, TX ZIP 77494 is $2,400/month as of June 2026.
The median days on market in Katy, TX ZIP 77494 is 150 days as of June 2026. The market is currently neutral.
At a median list price of $537,500 and a median rent of $2,400/month, the gross rental yield in Katy, TX ZIP 77494 is 5.36% as of June 2026.
In Katy, TX ZIP 77494, median Airbnb revenue is $1,303/month compared to median long-term rent of $2,400/month as of June 2026.
Katy, TX 77494 Real Estate Market Report
ZIP Code: 77494
Report Date: June 2026
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.
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
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.
Property Taxes
Liquidity & Velocity
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.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Katy TX are approximately 6.55%, which is 0.95% higher than the 5.6% average observed for typical loans in this area during early 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- $585,643 is the median sold price and therefore the primary indicator of realized market value in 77494; this representative recent sale level suggests modest upward pressure on prices with the broader price year-over-year trend reported as up.
- The median sold price ($585,643) exceeds the median listing price ($537,500), which suggests sellers of well-positioned homes are still achieving premiums versus asking expectations and competition for desirable homes persists.
- With a median days on market of 150, sales velocity appears slower and there is pricing friction despite a neutral market temperature; combined with elevated inventory relative to sales activity, this may indicate buyers have more time to evaluate listings and sellers may need targeted pricing or concessions. balanced market dynamics.
- Interest rate pressure is elevated: current 30-year fixed mortgage rates are 6.55%, which is 0.95% higher than the local average of 5.6%; at the same time rent trends are reported as down, which could temper investor demand—investors and owner-occupiers should underwrite to higher financing costs and softer rental growth.
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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold at market average
Sold below market average
Sold below market average
Sold below market average
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% rate, 1.2% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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