Should You Sell Your Home in Katy, TX Now or Wait Until 2027?

Katie Curran
Aug 17
5 min read

Updated: Aug 25

Katy, TX home values are up modestly in 2026, and mortgage rates aren't projected to drop much before 2027 — for most Katy sellers, waiting doesn't change the math enough to justify the delay.

Tree-lined Katy, TX residential street with a brick home, illustrating current market conditions for sellers deciding whether to list.

TL;DR:

Katy, TX home prices rose 5.6% year over year as of May 2026, with homes now taking about 22 days to sell — a shift from the ultra-fast pace of 2021–2022, but still a market that favors prepared sellers. Mortgage rates are hovering near 6.4–6.7% and aren't expected to drop meaningfully before 2027, so "waiting for rates" isn't a strong strategy on its own. Katie Curran with MKAT Group at Keller Williams Signature works with sellers across Katy, Fulshear, Richmond, and Brookshire in Fort Bend and Harris County, and the pattern is consistent: sellers who price to today's data are still closing — the ones waiting for 2022 conditions to return are the ones losing ground.

By Katie Curran | August 17, 2026

Katie Curran with MKAT Group at Keller Williams Signature works with sellers across Katy, TX and the surrounding Fort Bend and Harris County communities every week, and this is the question coming up most right now: is it smarter to list this fall, or hold off until next year? With mortgage rates still sitting above 6.5% and headlines mixing "correction" with "still a seller's market," it's a fair thing to wonder about.

Here's the short version: the data doesn't support waiting as a strategy on its own. It supports understanding your specific numbers — your equity, your timeline, and how your particular home stacks up against what's currently for sale in Katy, TX right now.

What Does It Mean to "Wait" vs. "Sell Now" in Katy, TX?

Selling now means listing your Katy, TX home in the current market — one where inventory has grown compared to 2022, days on market have lengthened, but prices are still climbing modestly. Waiting means holding off, typically in hopes that mortgage rates drop, prices rise faster, or personal circumstances change. In Katy, both paths carry real trade-offs: selling now means competing in a market with more choices for buyers, while waiting means carrying your current home's costs longer and betting on a shift that most forecasters aren't predicting.

What Does the Katy, TX Housing Market Actually Look Like Right Now?

As of May 2026, the median sale price for single-family homes in Katy was $355,000, up 5.6% from $336,250 the year before, with 577 homes sold that month. Homes are taking a median of 22 days to sell — up from 18 days a year earlier, but still fast by most standards. Zooming out, the broader Fort Bend and Harris County market shows 5.1 months of housing inventory, which is generally considered balanced — not tilted heavily toward buyers or sellers. If you want a deeper look at how timeline expectations have shifted across Katy and West Houston, this breakdown of current days-on-market trends walks through what's driving the slower pace.

How Does Katy Compare to Fulshear, Richmond, and Brookshire Right Now?

Sellers weighing whether to list often ask how their specific market stacks up against nearby communities. Here's the current snapshot:

Katy, TX: Median around $355,000, up 5.6% year over year, homes selling in roughly 22 days
Fulshear, TX: Median around $558,000, up 7.3% year over year, homes selling in roughly 50 days — down from 67 days the prior year
Richmond, TX: Median in the high $300,000s to $400,000 range depending on the data source, with homes typically moving in 31–34 days
Brookshire, TX (Waller County): Continues to draw buyer interest tied to employer growth in the area, though inventory and pricing vary more block-by-block than in the larger, more established Katy market

Is Fulshear a Better Market for Sellers Right Now Than Katy?

Not necessarily better — just different. Fulshear's higher price point and longer days-on-market reflect a market still absorbing new construction competition, while Katy's faster turnover reflects deeper buyer demand at a more accessible price point. If you're weighing a move between the two, Katy's local market guide is a useful starting point for comparing lifestyle and cost differences side by side.

Should You Wait for Mortgage Rates to Drop Before You Sell?

This is the reason behind most "wait and see" decisions, so it's worth addressing directly. As of mid-August 2026, the average 30-year fixed mortgage rate sits around 6.67–6.77%. Fannie Mae's forecast projects rates holding near 6.4% through the rest of 2026, and the Mortgage Bankers Association expects 6.5% through Q3 and Q4. Neither is forecasting a return to sub-6% rates before 2027, and even that isn't guaranteed.

Will Mortgage Rates Drop Enough in 2027 to Change the Math?

Possibly, but not dramatically. Most forecasts through 2027 keep the 30-year fixed rate in the 6.2–6.5% range — a modest improvement over today, not the kind of shift that would meaningfully change buyer demand or what your Katy home is worth. Waiting a full year for a quarter-point of rate movement rarely outweighs a year of carrying costs on a home you're no longer living in as your primary plan.

Why Does This Matter for Sellers in Katy, TX?

Here's what this means in practice: sellers who are waiting for the market to feel like 2021 or 2022 again are waiting for a version of the Katy market that isn't coming back — that was a once-in-a-generation event, not a baseline. Meanwhile, carrying costs on a typical Katy home — mortgage, taxes, insurance, and maintenance — add up month after month while you wait. A home worth $380,000 today gaining a modest 3–5% next year still has to outpace a full year of those costs to make waiting worth it financially.

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What Does Pricing Correctly Look Like in Today's Katy Market?

It means pricing to current comparable sales, not to what similar homes sold for in 2022. Sellers who price against today's data are still closing in one to two months. Sellers pricing against outdated comps are the ones sitting, then reducing later — which almost always nets less than pricing right the first time. For a closer look at how this plays out, this guide to pricing strategy in today's Katy market covers exactly what current data is telling sellers right now.

If you're still in the early stages of deciding whether to list, the complete Katy TX seller's guide walks through the full process from pricing through closing.