Real Estate Market Update for 77450 (Katy, TX)

Video: Real Estate Community Tour for 77450 (Katy, TX)

See Real estate community tour for 77450 (Katy, TX)
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was up 46% from one year earlier, and up 11% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just over 330-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 27%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 260-thousand dollars. The number of units sold decreased 16% year-over-year, and increased 35% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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 77450 (Katy, TX)
Area Information for 77450 (Katy, TX)
  • Population: 77,428
  • Median Age: 37.25 yr
  • Median Commute Time: 31 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 3,800/sq mi
  • Population Change Since 2000: 59.61%
  • Closest Airport: George Bush Intercontinental/houston
  • Closest College: American Cllg Acupuncture-orntl Medcn
  • Closest Jr. College: Remington College-houston
  • Median Household Income: $97,934
  • Annual Residential Turnover: 12%
  • Median Home Sales Price: $248,230
  • Closest Major Sports Team: Houston Texans
  • Change Avg. Household Income Since 2000: 21.41%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 77450 (Katy, TX)
Median Age: 37.25 Married: 48% Number of Households: 26,546 Households with Children: 11,651
    • 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 77450 (Katy, TX)

      School Name Distance Type Grades School Rating Parent Rating
      Memorial Parkway Elementary School 0.4 mi Public PRESCHOOL-5 3 4
      Memorial Parkway J High School 0.8 mi Public 6-8 4 0
      Jeanette Hayes Elementary School 1.0 mi Public PRESCHOOL-5 5 0
      Katy Gt Academy 1.0 mi Private PRESCHOOL-K 0 0
      Primrose School Of Cinco Ranch 1.0 mi Private PRESCHOOL-1 0 0
      Child's Play Learning Center Inc 1.2 mi Catholic PRESCHOOL-PRESCHOOL 0 0
      Cimarron Elementary School 1.2 mi Public PRESCHOOL-5 3 0
      West Memorial J High School 1.3 mi Public 6-8 4 0
      Primrose School Of Kelliwood 1.4 mi Private PRESCHOOL-1 0 0
      West Memorial Elementary School 1.4 mi Public PRESCHOOL-5 4 0
      Crosspoint Christian School 1.4 mi Private PRESCHOOL-K 0 0
      St Peters Early Childhood Development Center 1.5 mi Private PRESCHOOL-PRESCHOOL 0 0
      Taylor High School 1.5 mi Public 9-12 5 4
      Cinco Ranch Montessori 1.7 mi Private PRESCHOOL-K 0 0
      Garland Mcmeans Jr High School 1.7 mi Public 6-8 5 0
      Nottingham Country Elementary School 1.7 mi Public K-5 5 0
      Joella Exley Elementary School 1.9 mi Public PRESCHOOL-5 5 0
      Hazel S Pattison Elementary School 2.1 mi Public K-5 5 0
      James E Williams Elementary School 2.4 mi Public K-5 5 0
      Rodger & Ellen Beck J High School 2.9 mi Public 6-8 5 0
      Sue Creech Elementary School 3.4 mi Public PRESCHOOL-5 5 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 © 2015. School Performance data by School Review data by
      Local Weather for 77450 (Katy, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.