Home valuations decreased in Katy (Fort Bend County) during May

Real Estate
Re 14

The median assessed value of a home sold in May in Katy in Fort Bend County fell by $31,354 while total valuation decreased by 22 percent, according to BlockShopper.com.

In May, there were 85 homes sold, with a median home valuation of $279,536 - a 10.1 percent decrease from the $310,890 median valuation for the same period of the previous year. There were 109 homes sold in Katy in May 2021.

The following table compares Katy to other Fort Bend County cities with similar median home valuations in May:

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median ValuationMay 2021 Median Valuation% change (Median Valuation)
Weston Lakes94125$369,904$397,003-6.8
Sugar Lands10-$342,688$0-
Cinco Ranch1115-26.7$339,568$389,160-12.7
New Territory811-27.3$294,914$250,09017.9
Greatwood815-46.7$280,194$311,643-10.1
Katy85109-22$279,536$310,890-10.1
Sugar Land1018321.7$275,994$280,386-1.6
Pleak10-$254,210$0-
Needville41300$240,964$30,968678.1
Sienna Plantation11683.3$233,800$269,568-13.3
Greatwood Village10-$224,816$0-
* This story only considers sales data for the part of Katy that is in Fort Bend County.