Home prices
Katy's median home value is $197,300. It is approximately $82,820 (29%) lower compared to nearby areas.In comparison to the rest of the nation it is approximately $20,200 (9%) lower, and in comparison to the city of Houston is about $25,500 (14%) higher.
Rents
In Katy the median monthly rent is $1,030. In comparison to the surrounding areas this is roughly $481 (31%) lower.Compared to the rest of the nation it is about $32 (3%) lower, and is about $11 (1%) lower in comparison to the city of Houston.
Nearby places
Cinco Ranch
Cinco Ranch is about 5 miles southeast of Katy. Housing prices there are substantially more expensive. The median home cost in Cinco Ranch is $373,600, which comes out to $176,300 (47%) higher than Katy. Its rents are a bit more expensive. In Cinco Ranch the median rent is $1,375 per month, which comes out to $345 (25%) higher than Katy.
Brookshire
Brookshire is roughly 6 miles west from Katy. Housing prices there are significantly less expensive. The median home in Brookshire is valued at $84,200, which works out to $113,100 (134%) lower than Katy. Rents there are a bit less expensive. In Brookshire the median rent is $960 a month, which works out to $70 (7%) lower than Katy.
Fulshear
Fulshear is about 7 miles south from Katy. Real estate prices there are significantly more expensive. Fulshear's median home value is $399,300, which is $202,000 (50%) higher than Katy. The rent there is a lot more expensive. Fulshear's median rent is $2,594 a month, which comes out to $1,564 (60%) higher than Katy.
Pattison
Pattison is approximately 7 miles west from Katy. Its real estate prices are a bit less expensive. The median home value in Pattison is $181,700, which works out to $15,600 (8%) lower than Katy. Rents there are fairly similar. In Pattison the median monthly rent is $1,042, which works out to $12 (1%) higher than Katy.
Brazos Country
Brazos Country is about 11 miles west of Katy. Housing prices there are significantly more expensive. Brazos Country's median home price is $361,800, which comes out to $164,500 (45%) higher than Katy. Rent there is significantly more expensive. The median rent in Brazos Country is $1,583 per month, which works out to $553 (34%) higher than Katy.