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Foreclosures in Katy, TX

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Living in Katy, TX

Katy, TX is a suburban gem located just outside of Houston, offering a family-friendly community and a plethora of amenities. Residents benefit from a strong school district, diverse shopping and dining options, and an abundance of recreational spaces. With its convenient transportation links, Katy is an ideal location for both families and investors alike.

Current Market Conditions in Katy, TX

The real estate market in Katy, TX has been showing steady growth, with a healthy demand for single-family homes and an increasing number of new constructions. Investors can find a range of properties, from affordable homes to premium listings, catering to various buyer segments.

As population growth continues in the Greater Houston area, Katy remains a desirable location, driving home values up. The city's development plans and community initiatives also contribute positively to market stability and growth potential.

Home Value Estimator For Katy, TX

There are currently 97,817 real estate properties in Katy, TX, with a median automated valuation model (AVM) price of $353,089.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Katy, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Katy, TX, is $423,128.00, with the most expensive house in Katy, TX, topping out at $12,103,600.00 and the cheapest home in Katy, TX, clocking in at $14,113.00. In other words, there’s something for every potential homebuyer or savvy investor in Katy, TX!

Rent Prices In Katy, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Katy, TX, is on a rollercoaster ride. The average rent price in Katy, TX, is $2,230.00. Indeed, when looking to rent in Katy, TX, you can expect to pay as little as $760.00 or as much as $5,540.00, with the average rent median estimated to be $2,010.00. The good news is that finding an affordable and desirable property to rent in Katy, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Katy, TX Foreclosures


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