Market Overview
Home Prices in Cypress, TX
The median home value in Cypress, TX is $407,315 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.5% compared to a year ago and down 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cypress are priced1% below average. Cypress is part of the Houston-The Woodlands-Sugar Land, TX metro area.
Over the past five years, Cypress home values have risen by approximately20.6%, reflecting strong long-term appreciation in this market.
Price History
Cypress Home Price Trend
City Comparison
Cypress vs. National Median
At $407,315, homes in Cypress cost 1% below the national median of $410,000. This makes Cypress a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cypress?
20% Down Payment
$81,463
on $407,315
Monthly P&I
$2,124/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,697/mo
incl. taxes & insurance
Income Needed
$107,880
gross annual (30% rule)
10% Down Option
$40,732
+ PMI applies
Loan Amount (20% dn)
$325,852
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cypress, TX?
The median home value in Cypress is $407,315 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.5% year-over-year.
How much have home prices changed in Cypress?
Over the past year, home values in Cypress have decreased by 1.5%. Over five years, prices have risen approximately 20.6%.
How much do I need to earn to buy a home in Cypress?
To comfortably afford the median home price of $407,315 with a 20% down payment ($81,463) at today's rates (6.8%), you'd need a gross annual income of approximately $107,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Cypress compare to the national average home price?
The national median home value is approximately $410,000. At $407,315, homes in Cypress are 1% below the national average.
What metro area is Cypress part of?
Cypress is part of the Houston-The Woodlands-Sugar Land, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.