Is Cypress, TX 77433 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Cypress is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score24/ 100

More competitive than 18% of U.S. ZIP codes, and #427 of 868 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.2Under 4 months = seller’s market
Sold above original list6.2%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$179▼ −0.3% vs. last year

The Cypress housing market right now

In the three months ending August 31, 2026, 6% of homes in Cypress, TX 77433 sold above their list price, the typical home went under contract in 48 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 717 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (7% then), homes sold faster (62 days then) and the median sale price rose 3% to $439,810. Overall, Cypress is more competitive than a year ago, so tougher for buyers.

Within Harris County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell less often over asking than in 87%. On our competition score, Cypress ranks #427 of 868 TX ZIP codes with enough sales (score 24 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.

Nearby markets

Baytown 77520Buyer’s market $125 /sq ftBaytown 77521Balanced $139 /sq ftBellaire 77401Seller’s market $323 /sq ftChannelview 77530Balanced $148 /sq ft Browse all markets →

Where Cypress is

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Questions about Cypress real estate

Is Cypress a buyer’s or seller’s market?

A balanced market: there were 4.2 months of supply in Cypress, TX 77433 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Cypress?

The typical home went under contract in 48 days in the latest three months.

Do homes in Cypress sell over asking?

6% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.

What are property taxes in Cypress?

About 1.62% of a home’s value a year in Harris County, or roughly $6,480 on a $400,000 home.

What is the median home price in Cypress?

The median sale price was $439,810 in the three months ending August 31, 2026, about $179 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology