Market Intelligence · TX / Katy

Katy, TX 77494 Housing Market

Typical home value in Katy, TX 77494 has declined 2.0% over the past year, settling at $478,133 as of September 2026. The median list price stands at $492,074, with homes spending a median of 47 days on market.

Updated September 2026Median value$478K

The median home value in Katy, TX 77494 is $478K as of September 2026, down 2.0% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 77494 range

$440K to $516K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.0% over 12 months

Sep 2025$488K

Low $478KHigh $490K

Sep 2026$478K

The numbers

What is the 77494 housing market like?

As of September 2026

Typical home value

$478K

2.0%YoY

Median list price

$492K

1.6%MoM

Days on market

11.9%MoM

Homes for sale

546

8.1%MoM

Price cuts

21.0%

27.4%MoM

New listings

142

18.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

77494 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 77494 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 77494 fell 2.0%, per the Zillow Home Value Index.

Will home prices drop in 77494?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 77494 to stay roughly flat by September 2027 (up 0.1%), after a 2.0% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 77494 home prices compare?

77494$478,133
Katy$355,380
Texas$258,447
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Katy: 4 ZIPs; Texas: 1,512 ZIPs; United States: 26,262 ZIPs).

Context

Katy's inventory remains substantial with 546 homes for sale and 142 new listings as of September 2026. The median days on market of 47 suggests steady but not rushed activity. Price cuts appear on 21.0% of listings, a sign that sellers are adjusting expectations in response to the market's downward pressure. The gap between median list price and typical home value indicates many properties are priced above what recent sales support. For sellers, this is a buyer-favoring environment where pricing competitively and addressing condition issues matter more than in years past.

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Down payment20% · $95,627

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Common questions

What people ask us.

What is a typical home worth in 77494?

Typical home value in Katy 77494 is $478,133 as of September 2026, down 2.0% over the past year.

How many homes are for sale in Katy 77494?

There are 546 homes for sale as of September 2026, with 142 new listings in that same period.

How long do homes typically stay on the market here?

Homes in 77494 spend a median of 47 days on market as of September 2026.

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Nearby ZIP markets.

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