Is Cypress, TX 77429 a buyer’s or seller’s market?

The Cypress housing market right now

In the three months ending August 31, 2026, 8% of homes in Cypress, TX 77429 sold above their list price, the typical home went under contract in 41 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 283 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold more slowly (30 days then) and the median sale price rose 2% to $396,828. Overall, Cypress is less competitive than a year ago, which gives buyers more room.

Within Harris County, homes here sell faster than in 59% of the county’s ZIP codes, and sell less often over asking than in 76%. On our competition score, Cypress ranks #278 of 868 TX ZIP codes with enough sales (score 31 out of 100).

Nearby, buyers who want less competition could look at Houston 77081 (0% sold over asking) or Houston 77076 (0% sold over asking), while Houston 77005 (31% sold over asking) and Webster 77598 (29% sold over asking) are even more competitive.