Is Katy, TX 77494 a buyer’s or seller’s market?

The Katy housing market right now

In the three months ending August 31, 2026, 7% of homes in Katy, TX 77494 sold above their list price, the typical home went under contract in 37 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 432 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold more slowly (31 days then) and the median sale price held steady to $504,782. Overall, Katy is less competitive than a year ago, which gives buyers more room.

Within Fort Bend County, homes here sell faster than in 82% of the county’s ZIP codes, and sell more often over asking than in 53%. On our competition score, Katy ranks #279 of 868 TX ZIP codes with enough sales (score 31 out of 100).

Nearby, buyers who want less competition could look at Kendleton 77451 (0% sold over asking) or Guy 77444 (0% sold over asking), while Sugar Land 77478 (15% sold over asking) and Fresno 77545 (13% sold over asking) are even more competitive.