Is Katy a buyer's market or a seller's market?
Built from Allen Markel's own listing data · Texas Premier Realty ·
Short answer
By months of inventory, Katy is a balanced market right now: 4.8 months of supply, with 2,615 homes for sale against 3,362 sales in the last six months. Supply and demand are roughly even to neither side has a decisive edge, so strategy matters. Conditions differ by price band and area, so use this as context, not a rule.
Where the numbers put the market
Months of inventory divides the homes now for sale by the recent monthly pace of sales. In Katy that gives 4.8 months, which we label a balanced market. Supply and demand are roughly even to neither side has a decisive edge, so strategy matters. On months of inventory, Katy is in the middle of the pack (ranked 24 of 39 communities with enough sales to compare).
What a market label does and does not tell you
A market label is a summary. A balanced market can still contain a busy price band and a slow one, and a good home priced well can sell quickly in any market. Right now 47% of active homes have had a price cut, which shows how much room sellers have used. Every buyer and seller in Katy is weighing a different set of trade-offs, and waiting to decide is often the costliest choice. When you are ready to look at which side of the market you are on for a specific address or plan, talk to us to find the right option for your circumstances.
| Measure | Value |
|---|---|
| Market label | Balanced market |
| Months of inventory | 4.8 |
| Homes for sale now | 2,615 |
| Closed sales, last 6 months | 3,362 |
| Active homes with a price cut | 47% |
Common follow-up questions
What months of inventory counts as balanced?
Many analysts treat roughly four to six months of supply as balanced, with less favoring sellers and more favoring buyers.
Does the label apply to every home?
No. It is an area-wide summary; a specific price band or subdivision can behave differently.
Sources
Talk it through with Allen
A short call can turn a general answer into one for your address, your timeline and your numbers.
Related questions
What is the median home price in Katy?
Homes that sold in Katy over the last six months had a median sale price of $350,000, about $166 per square foot, on 3,362 closed sales.
Read answerAre home prices in Katy going up or down?
For Katy, the answer is mostly lower. In 4 of the last 12 months the median sale price was above the same month a year earlier, and in 8 it was below.
Read answerHow many homes are for sale in Katy and in which price bands?
Katy has 2,615 homes for sale right now, which is about 4.8 months of supply at the recent pace of sales.
Read answerHow long does it take to sell a home in Katy?
In Katy, homes that sold in the last 12 months averaged between 61 and 90 cumulative days on the market, depending on the month, and the 2,625 homes for sale now have been listed for an average of 86…
Read answerHow many homes sell in Katy each month?
About 6,163 homes closed in Katy in the 12 months to August 2026, an average of 514 a month, with 599 in June the busiest month and 335 in January the quietest.
Read answerWhat is the price per square foot for homes in Katy?
Homes that sold in Katy in the last six months went for a median of $166 per square foot.
Read answer
Answers describe transactions and public data. They are not legal, tax or financial advice.