Cypress, TX 77433 Real Estate Market Report

ZIP Code: 77433
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Cypress, TX, are averaging 6.4%, reflecting a stable lending environment for property owners in this market compared to earlier 2026 fluctuations.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary market signal is the median sold price 369,990, which establishes recent transaction value and suggests current market clearing levels are below asking expectations given the median listing price 427,500; this gap may indicate ongoing price negotiation pressure.

2. The market is showing slower liquidity with median days on market 192, which, combined with elevated inventory relative to sales activity, suggests slower sales velocity and increased time required to transact SFR and condo properties.

3. Price and rent trends both point softening: the price year-over-year trend is down and the rent year-over-year trend is down, indicating neutral market temperature but downward pressure on both sale and rental pricing.

4. Affordability and financing remain a headwind: Current 30-year fixed mortgage rates in Cypress, TX, are averaging 6.4%, and interest rate pressure is described as elevated, which may constrain buyer purchasing power despite potential future rate easing.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.