Katy, TX · Market Data

Katy, Texas real estate market data.

Real estate market data for Katy, TX (Waller County) — Census median home value $376,800, county listing prices up about 4.3% over the past year.

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Katy, TX is in Waller County, Texas — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 23,900, with a median household income of $107,332. Census data puts Katy's median home value at $376,800.

At a glance

Katy market snapshot

Population

23,900

Median Household Income

$107,332

Median Home Value (city)

$376,800

Median Gross Rent

$1,609/mo

Price Trend (YoY)

+4.3%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Katy

What makes Katy different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Katy's median home value — across all owner-occupied homes, not just recent sales — at $376,800.

County Price Trend

Waller County's FHFA house price index shows a 4.33% annual change in 2025.

Population & Income

Katy has an estimated population of 23,900 and a median household income of $107,332, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Katy's Census-reported median home value works out to about 3.5x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Katy FAQ

What are home values like in Katy, TX?

The Census Bureau's American Community Survey puts Katy's median home value at $376,800.

What is the population of Katy, TX?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Katy's population at approximately 23,900.

What's the median rent in Katy, TX?

The Census ACS estimates median gross rent in Katy at approximately $1,609 per month.

What is the median household income in Katy, TX?

Census ACS data puts the median household income in Katy at approximately $107,332.

Is the Katy housing market growing?

Waller County's FHFA house price index shows a 4.33% annual change in 2025.

Is Katy, TX affordable relative to income?

Census ACS data puts Katy's median home value at about 3.5 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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