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This is the Katy market in dated, sourced numbers as of September 2026. Because market statistics differ by source, metric and geography, every figure below carries its source and date, and any 2024-2025 figure is explicitly labeled as historical context, not current market data. The short story: prices ran up to a 2022 peak, softened through 2023 and 2024, fell further in 2025, and have been stabilizing in 2026 with inventory at multi-year highs.
The current figures
- Katy city-wide average price: $446,045, about $169 per square foot, with 3,347 homes for sale, per HAR.com for September 2026.
- Katy median (listings): roughly $385,000, with an average around $464,359, per HAR.com for July 2026.
- ZIP 77450 average: $487,217 at about $173 per square foot, per HAR.com for June 2026; a 12-month median sales figure around $395,000 appears in RealtyTrac data.
- ZIP 77494: average home value of $487,108, down 1.9% year over year, per Zillow as of April 30, 2026; a median sale price of $464,500, down 7.1%, appears in Orchard's nearby data.
Historical context: 2024-2025 data. Not current market data.
For trend visibility only: Fort Bend County's median sale price was $365,386 in September 2025, down 4.3% year over year on 1,229 sales (Progress Index, Redfin-derived), and the Fort Bend County Appraisal District's 2026 value reports put average residential sale prices at $412,770 in rural areas, with urban sections up roughly 2.5% year over year. Earlier, HAR's late-2025 Katy updates showed medians in the $349,000-$351,000 range, roughly 9% below the prior year at times. These figures are historical context, not guidance for today's decision.
What the trend means for buyers and sellers
Through 2026, public reports describe a stabilizing market: broker updates place Katy medians around $350,000 to $385,000 depending on the source, with inventory at levels not seen in years and neighborhoods diverging sharply. Cinco Ranch and the lakeside sections carry premiums well above the city-wide median, while entry-level segments see the most price competition. A city-wide number cannot price a specific house in a specific phase with a specific school zone, which is why a current comparative market analysis beats any article, including this one. The full, sourced table lives on the market data page, and Carol will pull an address-specific CMA on request.
Carol Jukes
Broker and CEO of Realty Pros of Texas with 40+ years in Houston real estate and 500+ homes sold. Ask her anything about buying, selling or living in Katy and the Greater Houston area.