Real Estate Market Update for Cypress, TX
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Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 30% from one year earlier, and down 6% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 320-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 19%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 240-thousand dollars. The number of units sold decreased 12% year-over-year, and increased 1% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Cypress, TX
Area Information for Cypress, TX
  • Population: 74,276
  • Median Age: 34.41 yr
  • Median Commute Time: 30.04 mins
  • Educational Climate*: 4
  • Sales Tax: 7.25%
  • Population Density: 1,935/sq mi
  • Population Change Since 2000: 106.83%
  • Closest Airport: George Bush Intercontinental/houston
  • Closest College: Itt Technical Institute-houston North
  • Closest Jr. College: Commonwealth Institute Of Funeral Srvc
  • Median Household Income: $96,702
  • Annual Residential Turnover: 20.07%
  • Median Years in Residence: 3.26 yr
  • Median Home Sales Price: $165,866
  • Closest Major Sports Team: Astros
  • Change Avg. Household Income Since 2000: 26%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Cypress, TX
Median Age: 34.41 Married: 39% Number of Households: 25,425 Households with Children: 12,558
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Cypress, TX

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Betty Cody Rennell Elementary School 1.5 mi Public PRESCHOOL-5 4-5 4
      Cypress Ranch High School 1.6 mi Public 9-12 4 4
      Spillane Middle School 1.6 mi Public 6-8 5 3
      Primrose School Of Barker Cypress 1.7 mi Private PRESCHOOL-K 0 0
      Smith Middle School 1.7 mi Public 6-8 4-5 4
      Robison Elementary School 1.9 mi Public PRESCHOOL-5 4-5 4
      Cy-fair High School 2.2 mi Public 9-12 4 4
      Cypress Woods High School 2.2 mi Public 9-12 4 4
      Postma Elementary School 2.4 mi Public PRESCHOOL-5 4 4
      Arnold Middle School 2.6 mi Public 6-8 3-5 5
      Lamkin Elementary School 2.6 mi Public PRESCHOOL-5 4 3
      Cy Fair Christian Academy 2.7 mi Private K-9 0 0
      Sampson Elementary School 2.8 mi Public PRESCHOOL-5 5 5
      Farney Elementary School 3.1 mi Public PRESCHOOL-5 4-5 4
      Andre Elementary School 3.5 mi Public PRESCHOOL-5 3-5 4
      St John Early Childhood Center 3.6 mi Private PRESCHOOL-PRESCHOOL 0 0
      Goodson Middle School 3.7 mi Public 6-8 4-5 4
      Cypress Springs High School 3.8 mi Public 9-12 2-5 3
      Millsap Elementary School 3.8 mi Public PRESCHOOL-5 4 4
      Hopper Middle School 3.8 mi Public 6-8 2-5 4
      Ault Elementary School 5.0 mi Public K-5 4-5 5
      Black Elementary School 5.4 mi Public PRESCHOOL-5 4-5 5
      Keith Elementary School 5.4 mi Public K-5 5 5
      Hamilton Middle School 5.6 mi Public 6-8 5 4
      Hamilton Elementary School 5.6 mi Public PRESCHOOL-5 5 4
      Dr Cheryl Corbett Salyards 5.7 mi Public - 4-5 0
      Montessori Longwood 5.8 mi Private PRESCHOOL-K 0 0
      The Oaks Adventist Christian School 6.0 mi Private PRESCHOOL-12 0 4
      Swenke Elementary School 6.3 mi Public PRESCHOOL-5 5 4
      Warner Elementary School 6.7 mi Public K-5 5 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Cypress, TX
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.