Real Estate Market Update for 77449 (Katy, TX)

Video: Real Estate Community Tour for 77449 (Katy, TX)

See Real estate community tour for 77449 (Katy, TX)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was stable from one year earlier, and up 2% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 190-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 55%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 180-thousand dollars. The number of units sold decreased 8% year-over-year, and decreased 9% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 77449 (Katy, TX)
Area Information for 77449 (Katy, TX)
  • Population: 106,866
  • Median Age: 30.6 yr
  • Median Commute Time: 35 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 3,578/sq mi
  • Population Change Since 2000: 181.3%
  • Closest Airport: George Bush Intercontinental/houston
  • Closest College: American Cllg Acupuncture-orntl Medcn
  • Closest Jr. College: Remington College-houston
  • Median Household Income: $63,357
  • Annual Residential Turnover: 13%
  • Median Home Sales Price: $153,613
  • Closest Major Sports Team: Houston Texans
  • Change Avg. Household Income Since 2000: 10.62%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 77449 (Katy, TX)
Median Age: 30.6 Married: 42% Number of Households: 31,499 Households with Children: 16,197
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 77449 (Katy, TX)

      School Name Distance Type Grades School Rating Parent Rating
      Hemmenway Elementary School 0.0 mi Public PRESCHOOL-5 2 0
      Robinson Elementary School 0.5 mi Public PRESCHOOL-5 3 0
      Calvin Nelms High School 0.6 mi Public 9-12 4 0
      Calvin Nelms Middle School 0.6 mi Public 6-8 3 0
      Westside Baptist Academy 0.9 mi Private K-12 0 0
      T High Mcdonald J High School 1.0 mi Public 6-8 3 0
      Loraine T Golbow Elementary School 1.2 mi Public PRESCHOOL-5 3 0
      Thornton Middle School 1.3 mi Public 6-8 2 0
      Sheridan Elementary School 1.4 mi Public PRESCHOOL-5 3 0
      Jack & Sharon Rhoads Elementary School 1.5 mi Public PRESCHOOL-5 3 0
      Mcroberts Elementary School 1.5 mi Public PRESCHOOL-5 3 0
      Morton Ranch Elementary School 2.1 mi Public PRESCHOOL-5 3 0
      Cypress Lakes High School 2.2 mi Public 9-12 3 3
      Franz Elementary School 2.2 mi Public PRESCHOOL-5 3 0
      Morton Ranch J High School 2.2 mi Public 6-8 3 0
      Walker Elementary School 2.3 mi Public PRESCHOOL-5 2 0
      Ursula Stephens El 2.3 mi Public PRESCHOOL-5 4 0
      Duryea Elementary School 2.6 mi Public PRESCHOOL-5 1 0
      Morton Ranch High School 2.6 mi Public 9-12 3 4
      Sundown Elementary School 2.7 mi Public PRESCHOOL-5 2 4
      Jowell Elementary School 2.7 mi Public PRESCHOOL-5 4 0
      Diane Winborn Elementary School 3.2 mi Public PRESCHOOL-5 4 0
      Katy Christian Academy 3.2 mi Private K-12 0 0
      Primrose School Of North Mason Creek 3.3 mi Private PRESCHOOL-K 0 0
      Pope John Xxiii High School 3.5 mi Catholic 9-12 0 4
      Cardiff J High School 6.9 mi Public 6-8 3 0
      Mcfee Elementary School 10.8 mi Public PRESCHOOL-5 2 0
      Dr Debbie Emery Elementary School 10.9 mi Public PRESCHOOL-5 3 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 77449 (Katy, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.