Real Estate Market Update for 77493 (Katy, TX)

Video: Real Estate Community Tour for 77493 (Katy, TX)

See Real estate community tour for 77493 (Katy, TX)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was up 69% from one year earlier, and up 10% 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 under 300-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 25%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 230-thousand dollars. The number of units sold increased 39% year-over-year, and decreased 22% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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 77493 (Katy, TX)
Area Information for 77493 (Katy, TX)
  • Population: 26,521
  • Median Age: 34.32 yr
  • Median Commute Time: 35 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 459/sq mi
  • Population Change Since 2000: 75.05%
  • Closest Airport: George Bush Intercontinental/houston
  • Closest College: American Cllg Acupuncture-orntl Medcn
  • Closest Jr. College: Remington College-houston
  • Median Household Income: $76,164
  • Annual Residential Turnover: 15%
  • Median Home Sales Price: $207,395
  • Closest Major Sports Team: Houston Texans
  • Change Avg. Household Income Since 2000: 30.22%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 77493 (Katy, TX)
Median Age: 34.32 Married: 45% Number of Households: 8,423 Households with Children: 3,761
    • 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 77493 (Katy, TX)

      School Name Distance Type Grades School Rating Parent Rating
      Grace Classical Academy 3.4 mi Private K-7 0 0
      Leadership Academy 3.7 mi Public 6-12 0 0
      Katy Adventist Christian School 4.0 mi Private K-6 0 0
      Zelma Hutsell Elementary School 4.1 mi Public PRESCHOOL-5 3 0
      Katy J High School 4.2 mi Public 6-8 4 0
      Aristoi Classical Academy 4.2 mi Public K-9 2 0
      Project Tyke 4.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Arthur Miller Career Center 4.4 mi Public 11-12 0 0
      Raines High School 4.4 mi Public 9-12 0 0
      Opport Awareness Center 4.4 mi Public 6-12 0 0
      Harris Co School For Accelerated Lrn 4.4 mi Public 6-12 0 0
      Fort Bend County Alternative School 4.4 mi Public 6-12 0 0
      Katy Elementary School 4.6 mi Public K-5 5 0
      Faith West Academy 4.7 mi Private PRESCHOOL-12 0 0
      Mirus Academy 4.8 mi Private 3-12 0 0
      Aristoi Classical Upper School 4.8 mi Public 6-10 0 0
      Robert King Elementary School 5.2 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 © 2015. School Performance data by School Review data by
      Local Weather for 77493 (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.