$4,143 Closing Credit*
$348,900
2,169 SqFt
3 Beds
•2 Full Baths
Kariliz Perez, Listing Office: Stone & Fields
Is Cypress, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Cypress has remained a Seller's Market.
Key Takeaway
Cypress is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cypress, TX
How much do homes in Cypress, TX cost?
Median Sold Price
$396,442
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,308(+1.6%)
Key Takeaway
Homes in Cypress have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Cypress was $396,442 in November 2024, up 1.6% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112.5K | $210K | +86.7% |
| 2 Bedrooms | $231.7K | $237.5K | +2.5% |
| 3 Bedrooms | $315K | $320K | +1.6% |
| 4 Bedrooms | $425K | $431.5K | +1.5% |
| 5+ Bedrooms | $585.3K | $600K | +2.5% |
Summary: Cypress housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 86.7%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Cypress Creek Lakes | $575K | $599K | +4.2% |
| Cypress | $390.1K | $396.4K | +1.6% |
| Towne Lake | $550K | $538.5K | -2.1% |
| Villages of Cypress Lakes | $340K | $327K | -3.8% |
Housing Supply in Cypress, TX
How many homes are available in Cypress, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,570 | 1,630 | +3.8% |
Summary: The Cypress real estate market had 1,630 homes for sale in November 2024, a 3.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 23 | 24 | +4.3% |
| 3 Bedrooms | 500 | 506 | +1.2% |
| 4 Bedrooms | 798 | 827 | +3.6% |
| 5+ Bedrooms | 247 | 272 | +10.1% |
Summary: The Cypress housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 10.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 365 | 275 | -24.7% |
Asking Price vs. Sold Price
183 Homes Were Sold
Under Asking
57 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cypress, you may be able to get a good deal. 66.8% of homes here sold below asking price last month.
Summary: A total of 275 homes were sold or pending in Cypress in November 2024, down by 24.7% month-over-month. Of the 274 sold homes, 67% were sold under asking, 21% were sold at asking, and 12% were sold over asking.
Days on Market for Cypress, TX
How long does it take to sell a home in Cypress, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 38 Days | -12.7% |
Summary: Homes in Cypress had an average of 38 days on market in Nov 2024, down by 12.7% compared to last year.
Breakdown of Home Sale Times
157 Homes Were Sold
Under 30 Days
87 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cypress are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 275 homes were sold in Cypress; 57% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
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