Cypress, TX—77429
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Cypress, TX
Home Price Trends — Cypress, TX
As of Oct '25, the median home price in Cypress, TX is $379,000, with a year-over-year change of -1.5%. This indicates that home prices in Cypress, TX are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $379,000 | -1.5% |
| Single Family | $380,000 | -1.3% |
| Condos | $204,000 | -1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $259,000 | -1.1% |
3 Bed | $308,000 | -2.2% |
4 Bed | $411,000 | -1.2% |
| 5 Bed | $557,000 | -0.9% |
% of Housing Stock
Rental Trends — Cypress, TX
As of July '25, Rentcast reports the average rent in Cypress, TX is $2,520, with a year-over-year rent change of 0.8%. Per bedroom, the median rent as of July '25 in Cypress, TX is 1-bedrooms: $1,280, 2-bedrooms: $1,770, 3-bedrooms: $2,320, 4-bedrooms: $2,920. The most common rental property sizes in Cypress, TX are 2-bedroom and 1-bedroom, accounting for 38.6% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,520 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,280 |
| 2 Bed Rent | $1,710 | $1,770 |
| 3 Bed Rent | $2,300 | $2,320 |
| 4 Bed Rent | $2,600 | $2,920 |
% of Rental Stock
Property Listings — Cypress, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Cypress, TX is 59. This is a increase of 9.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $425,000 | -1.0% |
Listing Count | 426 | 23.0% |
| Listings as % of Homes | 0.7% | 23.0% |
Days on Market | 59 | 9.0% |
Demographics — Cypress, TX
As of the latest ACS Survey released in 2023, Cypress, TX has a population of 95,900, which has increased by 8.6% over the past 5 years. Cypress, TX is a popular place for families, as children make up 28.7% of the population. The area has a highly educated workforce, with 48.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 95,900 | 8.6% |
% Under 18 | 28.7% | -7.4% |
% Seniors | 10.4% | 19.5% |
% WFH | 17.4% | 109.6% |
% w/ College Degree | 48.6% | -2.0% |
As of the latest ACS Survey released in 2023, Cypress, TX is a predominantly white area, with 51.8% of the population identifying as white. The white population has shrunk by 15.5% in the last 5 years. The second most common race or ethnicity in Cypress, TX is hispanic, making up 23.0% of the population. Foreign-born residents account for 16.8% of the population in Cypress, TX, and this percentage has increased by 21.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 51.8% | -15.5% |
% Black | 10.8% | 24.1% |
% Hispanic | 23.0% | 19.8% |
% Asian | 10.6% | 17.8% |
% Foreign Born | 16.8% | 21.7% |
Mortgage and Risk — Cypress, TX
According to HUD data as of 2023, there were 1024 mortgage originations in Cypress, TX, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Cypress, TX. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,024 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Cypress, TX
As of 2024, the percent of homes in Cypress, TX under the Section 8 program is 4.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Cypress, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 281 |
Total Units Section 8 | 281 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | 94.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $240 | $1,300 | $1,540 |
| 2 Bedroom | $130 | $1,710 | $1,840 |
| 3 Bedroom | $150 | $2,300 | $2,450 |
| 4 Bedroom | $490 | $2,600 | $3,090 |
Affordability — Cypress, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $379,000 |
| Median Household Income | $118,000 |