Housing Insights for ZIP Code 77433 (Cypress, TX)

Housing Summary for ZIP Code 77433

Homeowners

The median home value in ZIP Code 77433 (Cypress, TX) is $272,900. Approximately 84.0% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 1.0%.

The average occupancy of owner-occupied units in ZIP Code 77433 is 3.37 occupants, while owner-occupied units have an aggregate average size of 3.61 bedrooms per housing unit.

Renters

In the 77433 ZIP Code, an estimated 16.0% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 11.8%.

Among renter-occupied units in this ZIP, the average occupancy is 3.14 occupants, while renters in this Harris County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 77433

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 77433.

ZIP 77433 Texas U.S.
Median Home Value $272,900 $308,148 $356,002
Owner-Occupied Housing Units 84.0% 62.0% 64.0%
Homeowner Vacancy Rate 1.0% 1.6% 1.6%
Average Size of Owner-Occupied Unit 3.37 2.99 2.70
Average # of Bedrooms Per Unit 3.61 2.75 2.75
Median Housing Rent $0 $1,045 $1,062
Renter-Occupied Housing Units 16.0% 38.0% 36.0%
Rental Vacancy Rate 11.8% 7.8% 6.0%
Average Size of Renter-Occupied Unit 3.14 2.63 2.49
Percent of Income Spent on Rent 0% 29.37% 29.83%

Home Values in ZIP Code 77433 (Cypress, TX)

The median home value in ZIP Code 77433 is $272,900. That median value is about 58% higher than the median home value of $172,500 in Texas overall, and is 25% higher than the $217,500 the median home value in the entire U.S. About 33.9% of homes in ZIP Code 77433 are valued $300,000 to $499,999. That is 123% higher than in Texas, in which 15.2% of homes are valued at $300,000 to $499,999, and is about 76% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 77433 homes fall into is $1,000,000 or more (0.5% of homes).

Home Values in ZIP Code 77433

This chart visualizes the breakdown of home values in ZIP Code 77433, Texas, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 77433 vs. home values in both the state of Texas and in the U.S. overall.

Home Values in ZIP Code 77433

See the table below for a regional comparison of home values in ZIP Code 77433.

Home Value ZIP 77433 Texas U.S.
Less than $50,000 1.3% 8.9% 6.9%
$50,000 to $99,999 0.9% 16.5% 12.0%
$100,000 to $149,999 10.2% 16.3% 13.3%
$150,000 to $199,999 15.8% 15.9% 14.0%
$200,000 to $299,999 28.6% 19.6% 19.6%
$300,000 to $499,999 33.9% 15.2% 19.3%
$500,000 to $999,999 8.9% 6.0% 11.4%
$1,000,000 or more 0.5% 1.6% 3.4%

Home Ages in ZIP Code 77433 (Cypress, TX)

Approximately 39.8% of homes in this Cypress, TX region were built in 2000 to 2009. This amount of homes built in 2000 to 2009 in ZIP Code 77433 is about 106% higher than percentage of homes built in this time period in Texas overall (19.3% of homes), and is 184% higher the percentage (14.0% of homes) in the U.S. as a whole. Additionally, an esimated 22.9% of local homes were built in 2010 to 2013. On the other end of the scale, just 0.0% of homes in this Harris County ZIP Code were built in 1939 or earlier in ZIP Code 77433. In comparison, 3.5% of homes in Texas overall were built in 1939 or earlier, while 12.6% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 77433

A detailed regional comparison of home ages in ZIP Code 77433.

Year Built ZIP 77433 Texas U.S.
2014 or later 20.8% 5.1% 2.5%
2010 to 2013 22.9% 5.2% 2.7%
2000 to 2009 39.8% 19.3% 14.0%
1990 to 1999 10.3% 15.2% 13.9%
1980 to 1989 4.6% 16.2% 13.4%
1970 to 1979 0.5% 15.2% 15.2%
1960 to 1969 0.6% 9.0% 10.6%
1950 to 1959 0.1% 7.9% 10.3%
1940 to 1949 0.5% 3.3% 4.9%
1939 or earlier 0.0% 3.5% 12.6%

Age of Homes in ZIP Code 77433

See the chart below for details on the age of homes in ZIP Code 77433, Texas, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 77433

Frequently asked questions about housing in this Cypress, TX ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 77433.

1

What is the average home value ZIP Code 77433?

The median home value in ZIP Code 77433 (Cypress, TX) is $272,900.
2

Are homes expensive in ZIP Code 77433?

The median home value in 77433 ($272,900) is an estimated 58% higher than the aggregate median value of $172,500 in Texas, and is 25% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 77433?

The vacacy rate for owner-occupied housing in ZIP Code 77433 is 1.0%. This rate is 38% lower than the overall Texas owner-occupied vacancy rate of 1.6%. Additionally, the 77433 vacancy rate is 38% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 77433 have older homes or newer construction?

In ZIP Code 77433, about 39.8% of homes were built in 2000 to 2009. That time range includes the most home construction. Also, 22.9% of homes in the region were built in 2010 to 2013. In contrast, 0.0% of homes in 77433 were built in 1939 or earlier.
5

What is the housing breakdown in ZIP Code 77433? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 77433 than renter-occupied housing. Owner-occupied units make up 84.0% of housing, compared to 16.0% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 77433?

The vacacy rate for rental units in ZIP Code 77433 is 11.8%. This rate is 51% higher than the overall Texas vacancy rate of 7.8%. Additionally, the 77433 vacancy rate is 97% higher than the entire U.S. vacancy rate of 6.0%.