Real Estate Market Update for 77493 (Katy, TX)
Welcome to February's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 20% 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 over 300-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 21%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 220-thousand dollars. The number of units sold increased 9% year-over-year, and decreased 19% 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.
Show Transcript
Map Information for 77493 (Katy, TX)
Area Information for 77493 (Katy, TX)
  • Population: 24,539
  • Median Age: 32.7 yr
  • Median Commute Time: 30.63 mins
  • Educational Climate*: 4
  • Sales Tax: 8.25%
  • Population Density: 425/sq mi
  • Population Change Since 2000: 58.47%
  • Closest Airport: George Bush Intercontinental/houston
  • Closest Jr. College: Remington College-houston
  • Median Household Income: $77,906
  • Annual Residential Turnover: 17.05%
  • Median Years in Residence: 3.54 yr
  • Median Home Sales Price: $146,672
  • Closest Major Sports Team: Texans
  • Change Avg. Household Income Since 2000: 39%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 77493 (Katy, TX)
Median Age: 32.7 Married: 35% Number of Households: 7,941 Households with Children: 4,131
    • 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 GreatSchools Rating Parent Rating
      Grace Classical Academy 3.3 mi Private K-7 0 0
      Katy Adventist Christian School 4.1 mi Private K-6 0 5
      Zelma Hutsell Elementary School 4.1 mi Public PRESCHOOL-5 3-5 2
      Katy Hockley Boot Camp 4.2 mi Public 6-12 0 0
      Katy J High School 4.2 mi Public 6-8 3-5 4
      Aristoi Classical Academy 4.2 mi Public K-8 3 4
      Project Tyke 4.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Arthur Miller Career Center 4.4 mi Public 11-12 0 4
      Raines High School 4.4 mi Public 9-12 1 3
      Fort Bend County Alternative School 4.4 mi Public 6-12 0 0
      Harris Co School For Accelerated Lrn 4.4 mi Public 6-12 0 0
      Opport Awareness Center 4.4 mi Public 6-12 0 0
      Katy Elementary School 4.6 mi Public PRESCHOOL-5 5 4
      Faith West Academy 4.7 mi Private PRESCHOOL-12 0 4
      Mirus Academy 4.8 mi Private K-12 0 0
      Robert King Elementary School 5.2 mi Public PRESCHOOL-5 3 4
      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: and Onboard Informatics © 2015
      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.