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Surge in Housing Inventory
In the Katy-Fulshear region, active home listings have seen a significant increase. In March 2025, there was a 43% year-over-year rise in active listings . This upward trend continued into April, with a 29.6% month-over-month increase in homes for sale .
Shift Toward a Buyer’s Market
This influx of listings has shifted the market dynamics. Katy has transitioned from a seller’s market in 2024 to a neutral market by April 2025, indicating a balance between supply and demand . Realtor.com further classifies Katy as a buyer’s market as of April 2025, meaning the supply of homes exceeds buyer demand
Impact on Home Prices

The increased inventory has influenced home prices. In April 2025, the median home sale price in Katy was $378,986, representing a 3.4% year-over-year increase. However, other sources report a decline; for instance, Redfin notes a 6.7% decrease in the median sale price to $350,000. Additionally, 58.6% of homes sold in Katy during April 2025 went for less than the asking price ?
Homes Spending More Time on Market
Selling your Home or Buying A Home
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Homes in Katy are also spending more time on the market. The average days on market decreased from 43 days in April 2024 to 37 days in April 2025 . However, this is still longer compared to the rapid sales pace seen in previous years.
Conclusion

The Katy housing market mirrors national trends, with a significant increase in home listings and a shift toward a buyer’s market. This provides buyers with more options and bargaining power, while sellers may need to adjust pricing strategies to attract offers Katy, Texas Emerges as Nation’s Hottest Housing Market