The story of this market
The typical home in ZIP 77429 sells for about $381,308, or $162 per square foot.
Prices are down 1.1% from a year ago, which gives buyers more room to negotiate. Homes take about 36 days to sell. HUD's fair market rent for a two-bedroom is $1,973 a month.
ZIP 77429 — Cypress
The 77429 housing market shows signs of stabilization with a slight year-over-year price adjustment, reflecting a balanced environment for buyers and sellers. High demand for quality school districts continues to support property values, though inventory levels remain a factor in market pace. Overall, the area remains a desirable destination for families, maintaining steady activity despite broader economic headwinds.
This ZIP is ideal for family buyers seeking suburban amenities and high-quality schools, as well as professionals commuting to the Energy Corridor or Northwest Houston employment hubs.
Median prices moved down 1.1% year over year.
Homes spend a median of 36 days on market with 3.8 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 5.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 77429, Harris County TX
Crime rates in the Cypress area are generally considered lower than the broader Houston metropolitan average, with suburban residential pockets maintaining stable safety profiles.
The area is primarily served by the Cypress-Fairbanks Independent School District, which is widely regarded for its high-performing schools and extensive extracurricular programs.
The region is subject to flood risks associated with heavy rainfall events common in the Gulf Coast; property insurance premiums reflect these environmental exposures.
Economic momentum is driven by proximity to the Energy Corridor and major suburban commercial hubs, with ongoing residential and retail expansion along the US-290 corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Commuters primarily rely on US-290 for access to downtown Houston and the Energy Corridor, with travel times averaging approximately 30 minutes.
The area features numerous master-planned community parks, golf courses like BlackHorse Golf Club, and proximity to the Cypress Creek Greenway trail system.
The rental market is characterized by high demand from families seeking access to top-rated schools, with moderate vacancy pressure and stable rent growth.
The local economy is anchored by the energy, healthcare, and education sectors, with significant employment hubs located in the nearby Energy Corridor and downtown Houston.
Transportation is heavily reliant on private vehicles, with US-290 serving as the primary arterial highway connecting the area to the broader Houston metro.
Development is focused on the continued build-out of master-planned communities and the expansion of commercial infrastructure along major thoroughfares.
The Harris Central Appraisal District manages property assessments, which are subject to annual review and protest cycles.
Parcels are typically subject to MUD (Municipal Utility District) taxes, which fund water, sewer, and drainage infrastructure.
Property insurance premiums are influenced by regional flood risk and the high cost of windstorm coverage in the Gulf Coast region.
Texas continues to see strong net domestic migration, with the Houston metro area remaining a primary destination for families and professionals.
Texas operates under a non-judicial foreclosure doctrine, allowing for relatively expedited processes compared to judicial states.
Texas law requires sellers to provide a standard Seller's Disclosure Notice detailing the condition of the property.
Data retrieved from Census Reporter and ACS 5-year summary tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Typhoon Texas Waterpark Houston4.318.2 mi
- Andretti Indoor Karting & Games Katy4.116.7 mi
- Dewberry Farm4.119.5 mi
- Dave & Buster's Houston - Katy Fwy4.219.8 mi
- Hurricane Harbor Splashtown4.114.5 mi
- Topgolf Houston - Katy4.415.7 mi
- The Cynthia Woods Mitchell Pavilion4.615.8 mi
- Andretti Indoor Karting & Games Katy4.116.7 mi
- Dewberry Farm4.119.5 mi
- Dave & Buster's Houston - Katy Fwy4.219.8 mi
- Meyer Park4.78.7 mi
- AMC Willowbrook 244.28.6 mi
- Main Event Tomball4.44.1 mi
- Burroughs Park4.89.6 mi
- Regal Lone Star4.24.1 mi
- Seismique4.419 mi
- Sloomoo Institute - Houston4.319.9 mi
- National Museum of Funeral History4.814.2 mi
- The Woodlands Children's Museum4.414.5 mi
- The Antique Gallery of Houston4.713.8 mi
- Meyer Park4.78.7 mi
- Burroughs Park4.89.6 mi
- Collins Park4.79.5 mi
- Zube Park4.68.4 mi
- Vintage Park4.65.8 mi
- BlackHorse Golf Club4.34.6 mi
- Jersey Meadow Golf Club49.9 mi
- Houston Oaks Country Club & Retreat4.911.8 mi
- High Meadow Ranch Golf Club4.511.1 mi
- Gleannloch Golf Club4.16.5 mi
- Houston Premium Outlets4.55.5 mi
- Willowbrook Mall4.38.5 mi
- Traders Village Houston4.49 mi
- H-E-B4.87.6 mi
- Joe V's Smart Shop4.511.7 mi
- George Bush Intercontinental Airport419.5 mi
- The St. James Restaurant & Cabaret3.815.8 mi
- Ember3.119.6 mi
- Vida Taqueria3.819.6 mi
- Bam Bam3.519.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A premier 36-hole golf facility serving the Cypress community.
Extensive trail system providing outdoor recreation and connectivity.
Major regional shopping destination located nearby.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).