In-depth Real Estate Data: Cities & Towns

Katy Research, Pricing, and Statistics

From March 22nd, 2024 through September 18th, 2024

Units Sold:

2,655

Average Sold Price:

$449,353

Average Sold Discount:

3%

Average Price Reduction:

2%

Average DOM:

54

Katy, located in the Greater Houston area, offers a vibrant real estate market with 2,171 homes for sale, averaging $465,561. Home sizes range from 812 to 7,587 sq ft, while lot sizes vary from 1,704 to 435,600 sq ft. With diverse options from builders like Long Lake and Lennar, it's an ideal place for buyers and sellers alike!

Active Listings

2,175

Average List Price

$465,442

Typical List Price

$335k to $525k

Homes Listed per Price Range

A visual list price spectrum representation

$165kto$307k$307kto$449k$449kto$590k$590kto$732k$732kto$874k$874kto$1.0M$1.0Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.9M$1.9Mto$2.0M$2.0Mto$2.1M$2.1Mto$2.3M$2.3Mto$2.4M$2.4Mto$2.6M$2.6Mto$2.7M$2.7Mto$2.9M$2.9Mto$3.0M
20243129925051927839201571241112112

Sold Listings

2,655

Average Selling Price

$449,353

Typical Selling Price

$310k to $521k

Homes Sold per Price Range

A visual sold price spectrum representation

$3kto$256k$256kto$509k$509kto$762k$762kto$1.0M$1.0Mto$1.3M$1.3Mto$1.5M$1.5Mto$1.8M$1.8Mto$2.0M$2.0Mto$2.3M$2.3Mto$2.5M$2.5Mto$2.8M$2.8Mto$3.0M$3.0Mto$3.3M$3.3Mto$3.5M$3.5Mto$3.8M$3.8Mto$4.1M$4.1Mto$4.3M$4.3Mto$4.6M$4.6Mto$4.8M$4.8Mto$5.1M
20241671,7785091373913531112

Average Sold Price per Sq Ft

$180

Typical Sold Price per Sq Ft

$158 to $195

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$58$58to$115$115to$172$172to$229$229to$285$285to$342$342to$399$399to$456$456to$513$513to$570$570to$627$627to$684$684to$740$740to$797$797to$854$854to$911$911to$968$968to$1,025$1,025to$1,082$1,082to$1,139
20242681,2201,25584721212

Average Days to Sell

54

Typical Days to Sell

6 to 73

Days on the Market Distribution

The number of homes sold in each DOM range

to3535to7070to104104to139139to174174to209209to244244to278278to313313to348348to383383to418418to452452to487487to522522to557557to592592to626626to661661to696
20241,53942723414510474543020102831122

Average Price Reduction

2%

Typical Price Reduction

0% to 3%

Price Reduction Distribution

Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)

-45%to-42%-42%to-38%-38%to-35%-35%to-31%-31%to-28%-28%to-24%-24%to-21%-21%to-17%-17%to-14%-14%to-10%-10%to-7%-7%to-3%-3%to1%1%to4%4%to8%8%to11%11%to15%15%to18%18%to22%22%to25%
20241111121129384,2711,1156723441334962

Average Discount from Original List

3%

Typical Sold Discount from Original List

0% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-36%to-33%-33%to-29%-29%to-25%-25%to-21%-21%to-17%-17%to-14%-14%to-10%-10%to-6%-6%to-2%-2%to1%1%to5%5%to9%9%to13%13%to16%16%to20%20%to24%24%to28%28%to32%32%to35%35%to39%
2024111482213687679046221681366422

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 4%

Negotiated Disocunts from Final List Price

The percentage difference between final list price and closed price, distributed

-36%to-32%-32%to-28%-28%to-24%-24%to-20%-20%to-16%-16%to-12%-12%to-8%-8%to-4%-4%to0%0%to4%4%to8%8%to12%12%to16%16%to20%20%to24%24%to28%28%to32%32%to36%36%to40%40%to44%
20241158674491,54539313829924112

About Our Data

All analysis, rankings, ratings, and throughout this site are generated by us here at Icon Real Estate. All raw data comes from the Houston Association of Realtors (HAR, HRIS) – but you're not viewing raw data. We track, categorize, analyze, and rank everything from zip codes to school zones based on geographic (boundary) data that is either (a) provided by local jurisdictions, (b) purchased from third-party sources, or (c) hand-drawn by our team.

Builder statistics rely heavily on our local knowledge and familiarity with the marketing (listing) practices of major local builders. It's not an exact science, but we're pretty accurate in assigning listings to the correct builder. We leverage a bit of AI in that process as well.

It's all good stuff, and we're pretty confident you'll find it useful. But just FYI - no warranties or guarantees. Let us know if you're looking for something you don't see here.