If you’re searching for new homes in Katy, TX, you’ll find plenty of options. There are hundreds of subdivisions and homes in Katy, TX ranging in price and style. From modest starter homes to luxury homes in Katy, TX this in-demand area is drawing many new residents every year thanks to the Energy Corridor, low crime rate, and the thriving economy.

Katy, TX is a city with beautiful homes and a quiet suburban environment. New Homes in Katy, TX are in high demand, but are a reasonable price. This metropolitan area is growing at a rapid rate and has a relatively low cost of living, with a pleasant climate. 

Katy is often ranked as one of the best places to raise a family, it’s considered safe, full of amenities, and it’s where the state’s Energy Corridor is located. So what else should you know as you’re looking for new homes in Katy, TX?

An Overview of Katy, TX 

Due to the energy sector and the fact that Katy is a hub of business, it’s not uncommon for many international residents to make this city their home. Other corporations with a presence in Katy, TX include the Igloo Corporation, and Academy Sports and Outdoors has its corporate offices located near Katy. BP America’s headquarters is one of the area’s largest employers and is part of the Houston Energy Corridor. 

Other primary employers include WoodGroup Subsidiaries, Shell Exploration and Production, and Conoco Phillips. Katy is one of the strongest areas of Texas economically thanks to its prime location just west of downtown Houston, as well as its proximity to major roadways including the Westpark Tollway and the Katy Tollway. All of the economic growth has increased the demand for housing, which is why it’s a great time to find homes in Katy, TX, regardless of your needs or your budget. 

Amenities in Katy, TX

This area isn’t just great if you’re looking for homes in Katy, TX. The area is home to excellent shopping and dining including LaCenterra. This mixed-use development is largely considered the city center of Katy, featuring retail and dining. There’s also the Central Green amphitheater which can hold more than 1200 people.

At the Grand Lakes Center Marketplace, residents shop Whole Foods, and Katy Mills is more than a million square feet dedicated to shopping, dining and entertainment like an AMC movie theatre.

For people who are looking for something a bit more historic, there’s Old Town Katy, known for local shops that feature antiques and artisans, eateries and signature old growth oak trees. 

Katy, TX Community Events

When you’re searching for new homes in Katy, TX, you’ll quickly discover that a strong sense of community is a pivotal part of living here. There’s usually something going on every weekend in Katy, and it’s an active, involved place to live. 

The Rice Harvest Festival, held every October in historic downtown Katy, features hundreds of craft and food booths, carnival rides, and entertainment. The festival has been happening since 1980 and pays tribute to the farming traditions of the area. The Katy Freedom Celebration is an Independence Day event with fireworks, music, and attractions. Another local favorite is the Katy ISD FFA Livestock Show & Rodeo, as is the Katy Old-Fashioned Christmas, which has been taking place for decades. 

New Homes in Katy, TX and Real Estate Trends

In Katy, TX there are plenty of neighborhoods. This sprawling suburban haven features neighborhoods sectioned into subdivisions, of which there are hundreds. One of the largest neighborhoods containing many smaller subdivisions is Cinco Ranch. There’s also the adjacent Cinco Ranch Southwest. Other general areas of Katy include Cimarron, Kellywood, Oak Park Trail, and Tamarron 

For modestly-priced homes in Katy, TX some of the options include Governor’s Place, Memorial Parkway, and West Memorial. For higher-end homes generally ranging from $200,000 to $400,000 neighborhoods include Cinco Ranch, Cross Creek Ranch and Nottingham Country. For mid-range homes in Katy, TX, neighborhoods include Silver Ranch and Woodcreek Reserve. High-end homes in Katy, TX include Cardiff Ranch, Churchill Farms, and Cinco Ranch Southwest. Katy, TX neighborhoods with the fastest commute to downtown Houston include Canyon Great, Kelliwood and Cinco Ranch. 

The average listing price for homes in Katy, TX and also older homes is currently above $275,000. The median list price per square foot of homes in Katy, TX is higher than the Houston Metro average. For Katy, it’s $122, and for the Houston Metro, the average is $118. It’s a good time to search for homes in Katy, TX as there is a lot of development in the city, but since it is such a desirable place to live, many of these properties do come at a premium.