Cypress, Texas is growing in leaps and bounds with new construction communities expanding westward along Fry Road and north along FM 529. New development in the Cypress area is a sign of the Houston area’s strong economy and continuing small business growth.
Cypress is a desirable area for home buyers looking for great schools and a family oriented community, with affordable homes for first time buyers up to luxury homes, with the average home price in the low $300’s.
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Students living in Cypress, TX attend schools in the Cy-Fair Independent School District. The family friendly environment in Cypress makes it even more desirable for active and growing families. There’s something here for everyone in terms of home prices, services, medical facilities, and household consumer products and services.
Wallet Hub has rated Houston as the third most diverse city in America. This is certainly evident in Cypress with highly diversified communities. (See Wallet Hub’s rating map below.)
Texas A&M’s Real Estate Centers has analyzed housing and market data for Cypress North and Cypress South, with both areas encompassing the unincorporated Cypress, TX boundaries. The Real Estate Center reports that Cypress North’s current housing inventory is approximately 2.5 months. This means that the average market time for homes in Cypress North is approximately 75 days, though some homes will sell faster or take longer than the average days on market. Cypress South is reported to have an average of 3.8 months inventory or an average of 112 days on the market.
Houston has rebounded quickly from Hurricane Harvey with 2017 ending as a record year for the area real estate market. The Houston Association of Realtors projects a growth rate of 2.4% in 2018.