2026 Compare Cities Housing:
Katy, TX vs Prior Lake, MN

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Highlights
- The median age of a home in Katy is 19.0% younger than the median age of a home in Prior Lake.
 Katy, TXPrior Lake, MNUnited States
 Median Home Age21  Unlock42
 Median Home Cost  Unlock$486,900$338,100
 Home Appr. Last 12 months21.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock45.3%57.0%
 Home Appr. Last 10 yrs.98.7%  Unlock101.1%
 Property Tax Rate  Unlock$11.3$11.0
 Homes Owned73.9%  Unlock57.4%
 Housing Vacant  Unlock2.7%11.2%
 Homes Rented16.0%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Katy, TXPrior Lake, MNUnited States
 Average Rent  Unlock$1,940$1,840
 Studio Apartment$1,410  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,180$1,180
 2 Bedroom Home or Apartment$1,790  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,970$1,860
 4 Bedroom Home or Apartment$3,040  Unlock$2,160
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 Vacant Housing
 Katy, TXPrior Lake, MNUnited States
 Vacant For Rent  Unlock0.3%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold0.8%  Unlock0.4%
 Vacant Vacation  Unlock0.4%3.6%
 Vacant Other3.7%  Unlock4.1%
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 Owner-Occupied Housing Value
 Katy, TXPrior Lake, MNUnited States
 Less Than $20,000  Unlock0.9%2.6%
 $20,000 to $39,9990.5%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.9%  Unlock3.9%
 $80,000 to $99,999  Unlock0.7%4.5%
 $100,000 to $149,99911.3%  Unlock11.3%
 $150,000 to $199,999  Unlock7.5%13.0%
 $200,000 to $299,99922.8%  Unlock20.1%
 $300,000 to $399,999  Unlock23.9%13.6%
 $400,000 to $499,99916.5%  Unlock8.3%
 $500,000 to $749,999  Unlock14.2%9.7%
 $750,000 to $999,9993.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.9%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.7%1.1%
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 Housing Units By Year Built
 Katy, TXPrior Lake, MNUnited States
 2015 and Newer3.9%  Unlock0.2%
 2010 to 2014  Unlock26.1%13.6%
 2000 to 200915.0%  Unlock13.6%
 1990 to 1999  Unlock20.5%13.6%
 1980 to 198910.5%  Unlock13.2%
 1970 to 1979  Unlock10.8%14.8%
 1960 to 196914.6%  Unlock13.6%
 1950 to 1959  Unlock3.1%10.0%
 1940 to 19491.2%  Unlock4.7%
 1939 or Earlier  Unlock1.0%12.2%
Reviews for Katy    24 Reviews

Over 2 years ago

Katy is so nice. It is spread out in the typical Houston way, but I really enjoyed all of the Asian restaurants, shopping, and churches. Great place to raise a family.  More

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Over 5 years ago

Lived here my entire life, Great  More

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My kids has been it this school since it opened. It was great at first until they kept changing hands in principle. They had great plans but never get carried out. The  More

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Reviews for Prior Lake    3 Reviews

Over 14 years ago

Prior Lake is an amazing place to raise a family and to live. The city puts a lot of money into community events that are almost always free or of low cost. From the  More

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Over 16 years ago

A beautiful, quiet, friendly community built around a lovely good sized lake. Prior Lake is only a short drive away from many fun and exciting cultural, sporting,  More

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We actually live in Credit River Township, but our mailing address is Prior Lake. Our real estate taxes help pay for the schools in Prior Lake, but, in Credit River  More

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