Allen Markel's market report

Cypress, TX

Single-Family Homes

Texas Premier Realty / Your Realtor - Consultant / 832-709-2540



Cypress, TX

Sun May 24 2026
This week the median list price for Cypress, TX is $461,660 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has increased to 1,152. Click here to stay informed with the Cypress market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Cypress, TX

Sun May 24 2026
This week the median list price for Cypress, TX is $461,660 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has increased to 1,152. Click here to stay informed with the Cypress market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Cypress market.
Median List Price $461,660
Median Price of New Listings $464,945
Per Square Foot $177
Average Days on Market 84
Median Days on Market 49
Price Decreased 37%
Price Increased 6%
Relisted 18%
Inventory 1,152
Median Rent
Market Action 33
Slight Seller's Advantage

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$799,000 3,981 0.25 - 0.5 acre 4 4 8 29 25 49
$530,258 2,945 6,500 - 8,000 sqft 4 3.5 7 30 23 42
$400,000 2,429 6,500 - 8,000 sqft 4 2.5 6 20 19 49
$317,632 1,926 4,500 - 6,500 sqft 3 2 18 35 27 49