Is Katy, TX 77449 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Katy is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score38/ 100

More competitive than 36% of U.S. ZIP codes, and #169 of 868 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.2Under 4 months = seller’s market
Sold above original list15.4%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$142▼ −2.7% vs. last year

The Katy housing market right now

In the three months ending August 31, 2026, 15% of homes in Katy, TX 77449 sold above their list price, the typical home went under contract in 41 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 328 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold more slowly (34 days then) and the median sale price fell 2% to $274,781. Overall, Katy is about as competitive as it was a year ago.

Within Harris County, homes here sell faster than in 59% of the county’s ZIP codes, and sell more often over asking than in 70%. On our competition score, Katy ranks #169 of 868 TX ZIP codes with enough sales (score 38 out of 100).

Nearby, buyers who want less competition could look at Houston 77081 (0% sold over asking) or Houston 77076 (0% sold over asking), while Houston 77005 (31% sold over asking) and Webster 77598 (29% sold over asking) are even more competitive.

Nearby markets

Baytown 77520Buyer’s market $125 /sq ftBaytown 77521Balanced $139 /sq ftBellaire 77401Seller’s market $323 /sq ftChannelview 77530Balanced $148 /sq ft Browse all markets →

Where Katy is

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Questions about Katy real estate

Is Katy a buyer’s or seller’s market?

A balanced market: there were 4.2 months of supply in Katy, TX 77449 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Katy?

The typical home went under contract in 41 days in the latest three months.

Do homes in Katy sell over asking?

15% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Katy?

About 1.62% of a home’s value a year in Harris County, or roughly $6,480 on a $400,000 home.

What is the median home price in Katy?

The median sale price was $274,781 in the three months ending August 31, 2026, about $142 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology