The housing market in Katy, TX (zip code 77493) is particularly strong, boasting a median value of $351,000. This places the city well above the US house median value, which is $338,100. Additionally, the 1 year house appreciation rate in Katy is 11.67%, significantly higher than the US rate of 8.27%. Therefore, Katy offers a great option for potential homeowners looking for an area with robust growth potential.
The median home cost in Katy (zip 77493) is $351,000. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Katy (zip 77493) is up 21.6%.
Average Age of Homes
- The median age of Katy (zip 77493) real estate is 21 years old
The Rental Market in Katy (zip 77493)
- Renters make up 18.9% of the Katy (zip 77493) population
- 2.0% of houses and apartments in Katy (zip 77493), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.