May 2020 real estate data: 3 Katy-area ZIP codes experience year-over-year drops in median home prices

A total of 460 homes were sold across six Katy-area ZIP codes during May. This is a decrease of 35 from the previous month.

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.