Real Estate Market Update for Katy, TX
Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 9% from one year earlier, and down 7% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was 350-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 14%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 240-thousand dollars. The number of units sold increased 11% year-over-year, and decreased 6% 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 Katy, TX
Area Information for Katy, TX
  • Population: 14,739
  • Median Age: 34.51 yr
  • Median Commute Time: 29.23 mins
  • Educational Climate*: 3
  • Sales Tax: 8.25%
  • Population Density: 1,310/sq mi
  • Population Change Since 2000: 35.53%
  • Closest Airport: George Bush Intercontinental/houston
  • Closest College: Rice University
  • Closest Jr. College: Remington College-houston
  • Median Household Income: $72,660
  • Annual Residential Turnover: 16.78%
  • Median Years in Residence: 3.49 yr
  • Median Home Sales Price: $175,316
  • Closest Major Sports Team: Texans
  • Change Avg. Household Income Since 2000: 31%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Katy, TX
Median Age: 34.51 Married: 34% Number of Households: 4,893 Households with Children: 2,475
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 Katy, TX

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Robert King Elementary School 0.5 mi Public PRESCHOOL-5 3 4
      Faith West Academy 0.6 mi Private PRESCHOOL-12 0 4
      Pope John Xxiii High School 1.0 mi Catholic 9-12 0 5
      Raines High School 1.1 mi Public 9-12 1 3
      Harris Co School For Accelerated Lrn 1.1 mi Public 6-12 0 0
      Fort Bend County Alternative School 1.1 mi Public 6-12 0 0
      Opport Awareness Center 1.1 mi Public 6-12 0 0
      Arthur Miller Career Center 1.1 mi Public 11-12 0 4
      Project Tyke 1.1 mi Public PRESCHOOL-PRESCHOOL 0 0
      Katy J High School 1.1 mi Public 6-8 3-5 4
      Zelma Hutsell Elementary School 1.3 mi Public PRESCHOOL-5 3-5 2
      Katy Adventist Christian School 1.7 mi Private K-6 0 5
      Diane Winborn Elementary School 1.7 mi Public PRESCHOOL-5 4-5 4
      Aristoi Classical Academy 1.7 mi Public K-8 3 4
      Katy Elementary School 1.8 mi Public PRESCHOOL-5 5 4
      Grace Classical Academy 2.1 mi Private 1-7 0 0
      West Memorial Elementary School 2.2 mi Public PRESCHOOL-5 4 4
      Trinity Charter School 2.3 mi Public 6-12 0 0
      West Memorial J High School 2.3 mi Public 6-8 3-5 4
      Katy High School 2.4 mi Public 9-12 4 4
      Cardiff J High School 2.5 mi Public 6-8 3-5 4
      Ursula Stephens El 2.5 mi Public PRESCHOOL-5 4-5 4
      Woodcreek Elementary School 2.5 mi Public K-5 4-5 4
      Cimarron Elementary School 2.5 mi Public PRESCHOOL-5 4 4
      Morton Ranch Elementary School 2.6 mi Public PRESCHOOL-5 3 4
      Morton Ranch J High School 2.6 mi Public 6-8 3 3
      Primrose School Of North Mason Creek 2.6 mi Private PRESCHOOL-K 0 4
      Morton Ranch High School 2.9 mi Public 9-12 3-5 4
      Primrose School Of Cinco Ranch 2.9 mi Private PRESCHOOL-1 0 0
      Franz Elementary School 3.3 mi Public PRESCHOOL-5 3 3
      Edna Mae Fielder Elementary School 3.4 mi Public PRESCHOOL-5 5 4
      Loraine T Golbow Elementary School 3.4 mi Public PRESCHOOL-5 3-5 3
      Memorial Parkway Elementary School 3.5 mi Public PRESCHOOL-5 3 4
      T High Mcdonald J High School 3.6 mi Public 6-8 3 4
      Crosspoint Christian School 3.6 mi Private PRESCHOOL-K 0 0
      Westside Baptist Academy 3.6 mi Private K-12 0 0
      Roberta Wright Rylander Elementary School 3.7 mi Public PRESCHOOL-5 5 5
      Cinco Ranch J High School 3.8 mi Public 6-8 4-5 5
      Katy Christian Academy 3.8 mi Private K-12 0 0
      Cinco Ranch High School 3.8 mi Public 9-12 4-5 4
      Sundown Elementary School 3.8 mi Public PRESCHOOL-5 3 4
      Cinco Ranch Montessori 3.9 mi Private PRESCHOOL-K 0 0
      Taylor High School 3.9 mi Public 9-12 4-5 4
      St Peters Early Childhood Development Center 3.9 mi Private PRESCHOOL-PRESCHOOL 0 0
      Nottingham Country Elementary School 4.2 mi Public K-5 4-5 5
      Calvin Nelms High School 4.2 mi Public 5-12 3 4
      Calvin Nelms - North East Campus 4.2 mi Public K-12 0 0
      Calvin Nelms Middle School 4.2 mi Public 5-8 4 4
      Memorial Parkway J High School 4.3 mi Public 6-8 4 4
      Woodcreek J High School 4.3 mi Public 6-8 5 4
      Hemmenway Elementary School 4.4 mi Public PRESCHOOL-5 3 3
      Jeanette Hayes Elementary School 4.4 mi Public PRESCHOOL-5 5 5
      Child's Play Learning Center Inc 4.5 mi Catholic PRESCHOOL-PRESCHOOL 0 0
      Childrens Lighthouse Learning Center 4.5 mi Private PRESCHOOL-K 0 0
      Robinson Elementary School 4.6 mi Public PRESCHOOL-5 3-5 3
      Mcroberts Elementary School 4.7 mi Public PRESCHOOL-5 4 3
      James E Williams Elementary School 4.8 mi Public K-5 5 5
      Primrose School Of Kelliwood 4.9 mi Private PRESCHOOL-1 0 0
      Odessa Kilpatrick Elementary School 4.9 mi Public PRESCHOOL-5 5 5
      Ray And Jamie Wolman Elementary School 5.0 mi Public K-5 5 4
      Joella Exley Elementary School 5.0 mi Public PRESCHOOL-5 4-5 4
      Garland Mcmeans Jr High School 5.1 mi Public 6-8 5 4
      Jack & Sharon Rhoads Elementary School 5.2 mi Public PRESCHOOL-5 4 3
      Hazel S Pattison Elementary School 5.5 mi Public PRESCHOOL-5 5 4
      Beckendorff J High School 5.6 mi Public 6-8 5 5
      Griffin Elementary School 5.6 mi Public PRESCHOOL-5 5 4
      Thornton Middle School 5.6 mi Public 6-8 2-5 3
      Sheridan Elementary School 5.8 mi Public PRESCHOOL-5 4 3
      Rodger & Ellen Beck J High School 6.0 mi Public 6-8 5 4
      Roosevelt Alexander Elementary School 6.0 mi Public PRESCHOOL-5 5 5
      Seven Lakes J High School 6.1 mi Public 6-8 5 4
      Seven Lakes High School 6.1 mi Public 9-12 4-5 5
      Walker Elementary School 6.2 mi Public PRESCHOOL-5 3 4
      Bonnie Holland Elementary School 6.3 mi Public PRESCHOOL-5 5 4
      Sue Creech Elementary School 6.5 mi Public PRESCHOOL-5 5 4
      Stanley C Stanley Elementary School 6.5 mi Public PRESCHOOL-5 5 5
      Cypress Lakes High School 6.6 mi Public 9-12 3 3
      Harmony Science Academy - West Houston 6.6 mi Public K-8 4-5 4
      Duryea Elementary School 6.9 mi Public PRESCHOOL-5 3 3
      Jowell Elementary School 7.1 mi Public PRESCHOOL-5 4 4
      Katy Hockley Boot Camp 7.5 mi Public 5-12 0 0
      Mcfee Elementary School 15.2 mi Public PRESCHOOL-5 3 4
      Dr Debbie Emery Elementary School 15.3 mi Public PRESCHOOL-5 3-5 3
      Fred And Patti Shafer Elementary School 6,572.9 mi Public PRESCHOOL-5 5 5
      Tom Wilson Elementary School 6,572.9 mi Public K-5 5 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: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Katy, TX
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.