Overall Houston-area home sales dropped 20% year over year in May, but none of the Katy-area ZIP codes that experienced sale price decreases saw that large of a drop.
At 12%, ZIP code 77450 experienced the highest year-over-year decrease of the median price of homes sold in May among six Katy-area ZIP codes.
ZIP code 77441’s year-over-year drop was 10.9%, while ZIP code 77494 experienced a 6.8% decrease.
This is the second month in a row that 77450 experienced a year-over-year decrease and the third month in a row for 77441.
However, ZIP code 77094 experienced a year-over-year increase of 24.4% of the median price of homes sold in May, and ZIP codes 77493 and 77449 saw year-over-year increases of 12.2% and 2.6%, respectively.