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Katy housing market: home prices, trends and forecast

Katy home prices: in September 2026, the Zillow Home Value Index valued a typical home in Katy, Texas at $330,372. This was down 3.2% from a year earlier and 8.3% under its August 2022 peak of $360,287.

Value of a typical home
$330,372
September 2026, Zillow ZHVI
Change over 12 months
−3.2% since September 2025.
Change over 10 years
+40.2% over the period since September 2016.
Value multiple since 2000
×2.3, on a base of $145,331.
Days on the market
55
Realtor.com, Houston, TX metro.

Katy home prices since 2000

Katy is the steel line; the United States is the grey line. Since January 2000, a typical Katy home has moved from $145,331 to $330,372, ×2.27, compared with ×2.99 for the US in the same months. The boom high was $177,947 in December 2007, while the later low was $165,205 in December 2011, a 7.2% decrease.

$100k$150k$200k$250k$300k$350k$400k200020052010201520202025Jan 2000 · $145,331$366,157$330,372Sep 2026KatyUnited States$100k$150k$200k$250k$300k$350k$400k200020102020Jan 2000 · $145k$366k$330kSep 2026
For a typical home, the Zillow Home Value Index uses smoothed and seasonally adjusted values. Zillow Research data
January 2000 · $145,331

Katy median home price by year

Each year is an average of its twelve monthly values, and for 2026 the latest month is shown.

YearKatyChange on the yearUnited States
2000$145,851$125,745
2001$145,8230%$134,899
2002$148,466+1.8%$144,276
2003$153,597+3.5%$155,308
2004$158,846+3.4%$169,891
2005$164,418+3.5%$189,732
2006$165,921+0.9%$206,531
2007$173,721+4.7%$208,449
2008$175,071+0.8%$195,574
2009$171,646−2.0%$177,542
2010$172,912+0.7%$171,462
2011$167,616−3.1%$162,508
2012$168,017+0.2%$161,137
2013$179,690+6.9%$171,420
2014$201,568+12.2%$182,996
2015$226,079+12.2%$192,738
2016$235,336+4.1%$204,509
2017$238,333+1.3%$216,767
2018$242,816+1.9%$230,541
2019$245,911+1.3%$242,088
2020$250,711+2.0%$257,151
2021$287,318+14.6%$295,959
2022$346,547+20.6%$340,014
2023$349,581+0.9%$348,160
2024$352,132+0.7%$359,751
2025$344,443−2.2%$362,959
September 2026$330,372−3.2%$366,157

What a home bought in Katy in any year is worth now

An estimate based on the index, for a typical home, not an appraisal.

Each year's number averages its twelve monthly index values, and the current value is September 2026. Other options: home appreciation calculator.

Considering a sale? Compare local agents listed on Realtor.com. Advertising disclosure: payment may reach the site for links like this one, though it never changes a number. Disclosure.

Katy housing market forecast

For the Houston, TX metro, Zillow's forecast is 0% over the next three months from September 2026 and +0.3% over 12 months. Worked out on Katy's typical value of $330,372, the forecast would put the figure near $331,400 a year on.

What you see here restates Zillow's central estimate for the metro; the site itself publishes no forecast of its own. Forecasts of this kind over 12 months have usually been off the realised change by several percentage points, both up and down. This is not investment advice.

All metro forecasts sit in one table: housing market forecast.

Katy housing market crash risk score

54 out of 100, high

The ranking compares Katy with the 292 cities using five conditions that ran high before earlier price falls. Every input is scored from 0 to 100 compared with the other cities, and the five scores are averaged with equal weight. It describes current conditions and makes no prediction of a crash.

InputValueSub-scoreWeight
Active listings vs 2019+19.9%7120%
Days on the market vs 2019−5.2%2820%
Price-to-rent ratio14.21920%
12-month price change−3.2%9620%

This is not investment advice. How each input is scored: methodology. All 292 cities, ranked: city crash risk.

Katy inventory and days on market

As of September 2026 the Houston, TX metro listed 35,898 homes for sale, up 5.3% from a year earlier and +19.9% from the same month in 2019. The median time to sell a listing was 55 days (−5.2% against 2019), and a price cut applied to 20.2% of listings.

Houston, TX metro, September 2026ValueOn a year
Active listings35,898+5.3%
New listings9,000
Median days on market55−0.9%
Median list price$353,995−1.7%
Share with a price cut20.2%

Metro inventory figures come from Realtor.com® Economic Research. Realtor.com data. Look at every metro: days on market by city.

Katy rents and living costs

According to the Zillow Observed Rent Index, asking rent in Katy typically runs $1,939 a month, −1.3% on a year. The rent total for 14.2 years equals the cost of a typical home. BEA figures put metro prices at 98.6, compared with a US average of 100, while housing costs sit at 104.5.

Other Texas housing markets

Across the state: Texas housing market.

How to read the chart

Each point represents the Zillow Home Value Index for Katy, which measures a typical home in the market's middle third. Its value is shown in that month's dollars and is smoothed and seasonally adjusted. The hollow dot marks the month chosen on the slider; the terracotta dot marks the latest month. These figures are not adjusted for inflation. An index tracks the typical home rather than one particular house. To work out what a single home is worth, use its own sale price in the card above it, or in the home appreciation calculator.