A newer master-planned community in the Katy/Cypress corridor, Elyson offers modern floor plans, a community center with resort-style amenities, and easy access to the Grand Parkway. With homes from top builders, Elyson appeals to move-up families seeking new construction value.
5
Builders
6
Amenities
1
Parks
Served by Katy
Schools
Modern suburban living with a strong community center. Events, pools, and trails define the lifestyle. Convenient to Grand Parkway and I-10.
Elyson House community center
Resort-style pool
Splash pad
Event lawn
Dog park
Trails
Price range: $350K-$700K. New construction dominant. Average DOM: 50 days.
3305
Active Listings
$385,000
Median Price
30
Avg Days on Market
0.18
Months of Inventory
596
Sold (30 days)
-1%
Price Change
As of August 2026, the Katy real estate market has transitioned into a balanced state with approximately 4.8 months of inventory, a significant increase from the supply-constrained peaks of previous years. The median sale price has stabilized at $385,000, reflecting a slight month-over-month cooling of 1.0% as active listings reached 3,305. While days on market remain relatively efficient at 30 days, the list-to-sale ratio of 97% indicates that buyers are successfully negotiating concessions and modest price reductions in the current environment.
Buyers currently benefit from a rise in inventory depth, particularly in the luxury segment where supply exceeds six months, offering maximum leverage for price negotiations. The 97% list-to-sale ratio suggests opportunities to secure properties below asking price, especially for listings that remain active beyond the 30-day market midpoint. Additionally, new construction builders in developing areas like Sunterra are offering aggressive rate buydowns and closing cost incentives to compete with the growing resale inventory.
Sellers of move-in-ready homes in top-tier Katy ISD zones continue to see steady demand, as the district's reputation maintains a floor on property values despite broader market cooling. With nearly 600 sales in the last 30 days, there is still significant liquidity for properties that are priced accurately to the current $175/sqft benchmark. High-intent family buyers remain active during the late-summer window, rewarding sellers who provide 'turn-key' listings with minimal repair needs.
"Residents appreciate the new construction quality, community events, and family-friendly atmosphere. The Elyson House is the social hub."
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