Zip Code 77449

Katy, TXHarris County

Real Estate Market Analysis

Q3 2025 Report
$282,290 (Zillow, Mar 2025); $284,000 (Rocket, Jun 2025); $299,900 (Movoto, Jun 2025)
Median Home Value
~120,000 (est. for 77449)
Population
~$75,000–$80,000 (est.)
Median Income
Katy ISD: A-rated, top 5% in Texas
School District Rating

Market Statistics

Property Values

$282,290 (Zillow, Mar 2025); $284,000 (Rocket, Jun 2025); $299,900 (Movoto, Jun 2025)
Median Home Value
$2,450 for 3–4 BR SFH (Katy overall, Q2 2025)
Median Rent
$147 (Rocket, Jun 2025)
Price per Sq Ft

Market Performance

Home Appreciation-1.1% to -2.3% YoY decline (Mar–Jun 2025)
Market VelocityAverage 30–32 days on market (Jun 2025)
Foreclosure RateNot specified; generally low in Katy area

Area Information

Area Size~36 sq mi
CountyHarris
Primary CityKaty

Housing Profile

Housing Statistics

Total Housing Units~486 homes for sale in Mar 2025 (+33.9% MoM)
Owner OccupiedMajority, typical for Katy suburbs
Rental PropertiesHigh rental demand; rental occupancy ~96% (Katy overall, Q2 2025)
Vacant UnitsLow; high occupancy rates
New ConstructionActive new builds, especially 3–5 BR homes

Housing Types

Single-family detachedTownhomesSome multifamily

Demographics

~120,000 (est. for 77449)
Population
~32 years (younger than national avg.)
Median Age
~$75,000–$80,000 (est.)
Median Income
High; low unemployment typical for Katy
Employment Rate
High school grad+: ~85%; Bachelor’s+: ~28%
Education Levels
Predominantly families with children; diverse, growing Hispanic and Asian populations
Family Composition

Education Quality

School District Performance

Katy ISD: A-rated, top 5% in Texas
District Rating
School DistrictKaty ISD (primary); some Cypress-Fairbanks ISD
Test ScoresAbove state average (Katy ISD)
Graduation Rates~95% (Katy ISD)

Schools in Area

  • Morton Ranch High School
  • Cypress Lakes High School
  • Several elementary and middle schools

Economic Factors

Employment & Business

Job GrowthPositive; strong job creation in healthcare, education, logistics
Unemployment RateLow (Katy area <4% in 2025)
Business EnvironmentPro-business, suburban growth hub
Commercial ActivityActive retail, logistics, and healthcare sectors

Major Employers

  • Katy ISD
  • Houston Methodist West Hospital
  • Amazon
  • Energy sector companies

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • I-10 (Katy Freeway)
  • Grand Parkway (99)
  • Metro Park & Ride

Utilities & Services

  • Electricity (CenterPoint)
  • Water/Sewer (MUDs, City)
  • Gas

Quality of Life

Safety & Environment

Lower than Houston average; property crime moderate, violent crime low

Good air quality; suburban green spaces

Healthcare Access

  • Houston Methodist West
  • Memorial Hermann Katy
  • Urgent care clinics

Development Trends

Planned Developments

  • New subdivisions (3–5 BR homes)
  • Retail centers along Fry Rd & Clay Rd

Infrastructure Projects

  • Road widening (Fry Rd, Clay Rd)
  • Drainage improvements

Investment Outlook

Growth Outlook

Continued strong population and housing growth

Investment Opportunities

  • Single-family rentals
  • New construction sales
  • Value-add rehabs

Marketing Intelligence

Target Demographics

  • Young families
  • First-time buyers
  • Investors
  • Relocators from Houston

Competitive Advantages

  • Top-rated schools
  • Affordability
  • Proximity to Houston job centers

Pricing Strategies

Competitive pricing below Houston median; incentives for buyers (closing costs, upgrades)

Common Objections & Response Strategies

Objection: Home values have declined slightly year-over-year.

Response Strategy:

Emphasize long-term appreciation, strong rental demand, and recent stabilization.

Objection: Traffic congestion and commute times.

Response Strategy:

Highlight proximity to major highways, new road projects, and Metro Park & Ride options.

Objection: Concerns about property taxes.

Response Strategy:

Compare total cost of ownership to Houston proper; note value for school quality and amenities.

Professional Recommendations

1

Focus on school quality and affordability in marketing.

2

Educate buyers on long-term value and rental demand.

3

Leverage virtual tours and digital marketing.

4

Network with relocation and investor groups.

5

Monitor new construction and builder incentives.

6

Advise sellers on competitive pricing and staging.

Competitive Analysis

Comparable Markets

  • 77494 (Katy, higher-end)
  • 77084 (Houston, east of 77449)
  • 77450 (Katy, established)

Market Positioning

Affordable, family-friendly, high-growth suburban market

Competitive Advantages

  • Lower price point than 77494/77450
  • Newer housing stock than 77084

Price Comparison

77449 median ~$282K vs. 77494 ~$395K (Q2 2025)

Investment Metrics

~6–7% for SFH rentals (est.)
Cap Rates
~7–8% gross yield (high occupancy)
Rental Yields
~10–12 (favorable for investors)
Price-to-Rent
Strong, especially for 3–4 BR rentals
Cash Flow
Modest near-term (1–2%/yr), stronger long-term
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by affordability, new builds, and strong schools; need education on financing and HOA rules.

Move-Up Buyers

Seek larger homes/newer amenities; value school quality and community features.

Downsizers

Limited inventory for downsizers; focus on low-maintenance homes and security.

Investors

High rental demand, stable cash flow, value in new construction and rehabs.

Relocators

Drawn by schools, suburban lifestyle, and proximity to Houston jobs.

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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