The story of this market
The typical home in ZIP 77493 sells for about $328,990, or $156 per square foot.
Prices are down 1.8% from a year ago, which gives buyers more room to negotiate. Homes take about 72 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,150 a month.
ZIP 77493 — Katy
The 77493 housing market is currently experiencing a cooling phase with a slight decline in median prices year-over-year. High interest rates and inventory constraints are tempering buyer activity, leading to a more balanced market compared to previous years. Demand remains supported by the area's strong school district and suburban appeal.
This ZIP is ideal for family buyers seeking newer construction and high-quality schools, as well as commuters working in the western Houston energy corridor.
Median prices moved down 1.8% year over year.
Homes spend a median of 72 days on market with 0.3 months of supply — a fast-moving market.
53% of listings have cut prices · homes sell at 98.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 10.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 77493
The area is served by the Katy Independent School District, which is highly regarded and a primary driver for family-oriented residential demand in the region.
The region is subject to flood risks associated with heavy rainfall and hurricane activity, necessitating flood insurance for many properties.
The area benefits from significant suburban expansion and proximity to the energy corridor, with ongoing residential and commercial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Commuters typically rely on I-10 for access to the Houston employment core, with travel times often exceeding 35 minutes due to heavy traffic.
The area features numerous master-planned community parks, local sports complexes, and proximity to shopping centers like Katy Mills.
The rental market is robust with high demand from families and professionals, though vacancy pressure remains moderate due to new supply.
The economy is anchored by the energy sector, healthcare, and retail, with significant employment hubs located along the I-10 corridor.
Transportation is primarily automobile-dependent, with I-10 serving as the main artery for regional connectivity.
Ongoing development of master-planned communities continues to expand the residential footprint of the area.
Parcels are frequently subject to Municipal Utility District (MUD) taxes to fund infrastructure in developing areas.
Property insurance premiums are influenced by regional hazard exposure, particularly flood and wind risks.
Data retrieved from Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Typhoon Texas Waterpark Houston4.36.4 mi
- Dewberry Farm4.17.4 mi
- Andretti Indoor Karting & Games Katy4.16.7 mi
- Slick City Action Park4.36.8 mi
- Club Westside4.517.7 mi
- Topgolf Houston - Katy4.412.5 mi
- Dewberry Farm4.17.4 mi
- Andretti Indoor Karting & Games Katy4.16.7 mi
- Sam Houston Race Park4.418.7 mi
- Home Run Dugout4.66.8 mi
- Andretti Indoor Karting & Games Katy4.16.7 mi
- Cinemark Katy and XD4.56.7 mi
- Main Event Katy4.36.4 mi
- Bear Creek Pioneers Park4.612.8 mi
- Star Cinema Grill4.512.5 mi
- Seismique4.414.4 mi
- Ismaili Jamatkhana - Harvest Green4.816.7 mi
- Chinese Community Center4.420 mi
- Texas Gaushala Non Profit Organization4.914.2 mi
- IslamInSpanish Centro Islamico4.917.3 mi
- Bear Creek Pioneers Park4.612.8 mi
- Mary Jo Peckham Park4.74.5 mi
- Zube Park4.611.2 mi
- Katy Park4.54.2 mi
- Cullen Park4.49.6 mi
- Topgolf Houston - Katy4.412.5 mi
- BlackHorse Golf Club4.39.8 mi
- The Golf Club at Cinco Ranch49.4 mi
- Pine Forest Country Club4.69.9 mi
- Meadowbrook Farms Golf Club3.911.1 mi
- Houston Premium Outlets4.510 mi
- Katy Mills4.46.6 mi
- H-E-B4.63.9 mi
- LaCenterra at Cinco Ranch4.69.4 mi
- Joe V's Smart Shop4.67.2 mi
- George Bush Intercontinental Airport430.8 mi
- The St. James Restaurant & Cabaret3.826.5 mi
- Ember3.130.7 mi
- Vida Taqueria3.830.7 mi
- Bam Bam3.530.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional outlet mall serving as a primary retail anchor.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).