Cypress, TX 77433 Real Estate Market Report

ZIP Code: 77433
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Cypress, TX reflects a median sold price of $456,000, indicating a stable market despite a slight downward trend. The neighborhood has decreased 8% since 2022, suggesting a cooling in buyer demand and potential pricing adjustments. The elevated inventory levels relative to sales activity indicate a market that is transitioning towards a more balanced state, with homes taking longer to sell, as evidenced by a median days on market of 182 days.

The current median listing price stands at $467,000, which creates a notable gap between asking and sold prices, potentially reflecting seller expectations that may not align with current buyer sentiment. Additionally, the rental market shows signs of strength, with median market rent rising to $3,250, which may provide some support for home prices as renters consider purchasing options amidst elevated interest rate pressure, currently averaging 6.38% for 30-year fixed mortgages.

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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

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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 6.38%, which is 0.26% higher than the 6.12% average seen in early 2026.

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. $456,000 median sold price indicates a slight decrease of 8% since 2022, reflecting a cooling market.

2. Elevated inventory levels suggest excess supply relative to sales activity, contributing to longer selling times.

3. The median days on market is 182, indicating a slower sales velocity in the current market.

4. The median listing price of $467,000 creates a notable gap with the median sold price, suggesting pricing friction in negotiations.

5. Rising median market rent at $3,250 may indicate strong rental demand, potentially supporting home prices.

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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.