Median home valuations in Katy (Fort Bend County) fell to $297,272 in Q3

Real Estate
Webp re 11

The median assessed value of a home sold in the third quarter of 2022 in Katy in Fort Bend County fell by $20,458 while total valuation decreased by 23.4 percent, according to BlockShopper.com.

From July through September, there were 271 homes sold, with a median home valuation of $297,272 - a 6.4 percent decrease from the $317,730 median valuation for the same period of the previous year. There were 354 homes sold in Katy in the third quarter of 2021.

The following table compares Katy to other Fort Bend County cities with similar median home valuations in the third quarter of 2022:

CityJuly - September 2022 Home SalesJuly - September 2021 Home Sales% change (Total Home Sales)July - September 2022 Median ValuationJuly - September 2021 Median Valuation% change (Median Valuation)
Sienna Plantation272317.4$327,350$271,92820.4
Weston Lakes18180$322,304$347,180-7.2
Greatwood Village110$321,730$162,29698.2
Cinco Ranch514318.6$311,180$326,540-4.7
Hidden Lake Estates71600$305,808$188,15062.5
Katy271354-23.4$297,272$317,730-6.4
Pin Oak Village110$295,912$242,17622.2
Sugar Land3192938.9$281,000$261,6247.4
New Territory3040-25$244,419$207,13818
Stratford Park12-50$219,400$212,2093.4
Village of Oak Lakes67-14.3$217,925$174,72024.7
* This story only considers sales data for the part of Katy that is in Fort Bend County.