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The Cypress housing market is moderately competitive. On average, homes receive two offers and sell in about 42 days. Last month, the median home price was $355K, reflecting a 4.1% decline from the previous year. The median price per square foot also dipped by 1.8%, now standing at $160.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In Cypress, the housing market continues to show signs of cooling as of the latest data. The median sale price dropped to $355K, down 4.1% year-over-year, while the price per square foot declined 1.8% to $160—suggesting that buyers are becoming more value-conscious. Homes are selling for an average of 2.2% below list price, reflecting increased negotiation leverage for buyers in a softer market. Properties are also spending more time on the market, averaging 42 days, which further signals a shift away from the fast-paced activity of previous years. With a total of 525 homes sold and an average down payment of 14.4%, the market remains active but tilted in favor of buyers looking for more flexibility and pricing power.
Cypress remains a somewhat competitive market, with homes typically going pending in about 42 days and selling for roughly 2% below list price. While buyers generally have room to negotiate, select properties—especially those that are well-priced or recently updated—can still attract multiple offers. These hot homes often go pending in as little as 12 days and sell at or near asking price, highlighting a clear divide between average listings and those that stand out. This dynamic gives buyers time to assess options while keeping sellers mindful of pricing and presentation.
In May 2025, Cypress, TX was classified as a buyer’s market, meaning the number of homes for sale outpaced buyer demand. This shift gives buyers more leverage in negotiations, often resulting in price reductions, longer time on market, and increased seller flexibility. With homes taking longer to sell and selling below list price on average, it’s a favorable environment for buyers seeking value and choice in a less pressured setting.
For expert guidance or to schedule a showing, contact us today—we’ll help you navigate every detail of the Cypress, TX housing market and find the right fit for your lifestyle and budget.
Cypress has a mix of older and newer developments, some of which are located in flood-prone areas due to the region’s flat terrain and proximity to bayous. After Hurricane Harvey, many buyers became more flood-conscious. It's critical to check FEMA flood maps, confirm flood insurance requirements, and review neighborhood drainage improvements. Newer communities often have updated retention systems, but not all areas offer the same level of protection.
Cypress is known for its extensive master-planned developments like Bridgeland, Towne Lake, and Fairfield. These communities offer resort-style amenities, high walkability, and strong resale value—but they also come with strict HOA regulations. Buyers should carefully review HOA covenants, monthly dues, and any restrictions on exterior modifications, short-term rentals, or business use. This affects both lifestyle and long-term flexibility.
The Cypress-Fairbanks Independent School District (Cy-Fair ISD) is one of the largest in Texas, but not all campuses are rated equally. Since school zoning can significantly influence property value and resale appeal, buyers should verify which specific schools a property is zoned to and compare their TEA performance scores. Families planning long-term stays often prioritize homes zoned to top-rated elementary and high schools.
Cypress offers suburban living with access to Houston via Highway 290 and the Grand Parkway (SH 99), but traffic congestion remains a real concern during peak hours. Buyers commuting downtown or to the Energy Corridor should consider proximity to these major routes and assess their daily drive time. Future road expansions and toll costs may also influence location preferences and property value.
The Cypress market includes a strong mix of brand-new builds and established resale homes. New construction offers customization and energy efficiency, but may come with higher tax assessments and additional builder fees. Resale homes often have mature trees, larger lots, and fewer hidden costs—but may require updates. Understanding your maintenance tolerance and long-term financial plans will help guide the right choice.
While Texas has no state income tax, property taxes can be high—especially in newer Cypress developments with Municipal Utility District (MUD) or Tax Increment Reinvestment Zone (TIRZ) assessments. These additional taxes fund infrastructure and utilities but can add thousands annually to your bill. Buyers must factor this into their mortgage planning, and review tax rates by neighborhood to avoid surprises.
Have questions about the Cypress housing market or ready to explore available properties? Our team is here to provide expert guidance and personalized assistance every step of the way. Whether you’re just starting your search or looking to schedule a showing, we’re ready to help you find the ideal property in this vibrant and growing community. Reach out to us now to get started!
Discover all that Cypress, TX, has to offer with our comprehensive neighborhood guide. From local market trends to lifestyle highlights, you’ll find everything you need to know about this thriving community. Start browsing now and see why Cypress is the perfect place to call home!
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