Real estate
BY DANICA LLOYD & LIZZY SPANGLER
Home Edition
2025
Readers, welcome to your annual CI Home Edition! This guide highlights key real estate trends unique to your community. In this edition, we explore what’s happening with home insurance across the state and how that’s impacting Cy-Fair residents. Our team interviewed local homeowners, real estate experts and insurance agents, as well as state department ocials and lawmakers to help explain why home insurance rates continue to climb in Texas and in Harris County—where more than 20% of all housing units are located in major ¡ood areas. In this edition, we also answer the question, “What is an HOA?” and nd out which factors are aecting the local real estate market most. I hope you nd our annual Home Edition informative and useful. All of the stories were written by our team of local journalists, and all of the advertisements are from nearby businesses that support our mission to provide free, useful news.
What's inside
Find out why electricity costs are higher than average for locals (Page 18)
Angie Thomas General Manager athomas@ communityimpact.com
Learn more about what homeowners associations do (Page 19)
Read about the latest trends in home renovations (Page 23)
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With 1,367 active home listings by the end of April, the Cy-Fair real estate market had 3.5 months of inventory available for the rst time since summer 2017, according to the Texas A&M Real Estate Research Center. Months of inventory measures how long it would take to sell all existing listings at the current sales pace. Shae Cottar, chair of the Houston Association of Realtors, said supply chain issues and record-low interest rates during the COVID-19 pandemic aected inventory levels—dropping to as low as 0.39 months locally in February 2022. Homebuilders have since helped replenish that stock across the region, he said. “I think what we’re actually seeing right now is a normalizing of the market,” Cottar said. Home inventory hits 8-year high
Also of note
Months of inventory
Coppereld
Cypress North
Cypress South
During the rst three months of 2025, 25% of Cypress households could aord to buy a median-priced home, compared to 34% in Harris County, according to the Houston Association of Realtors’ Q1 Housing and Rental Aordability Report released May 8. In the rst quarter, the median price of a home in the Cypress area was $407,500, with a minimum qualifying annual household income of $128,800. Harris County’s median home was $325,000, and its minimum qualifying income was $100,400, according to the report. Out of the 19 submarkets within Harris County, only ve had a lower percentage of people who could aord the median home price—Bellaire, Katy, Memorial Villages, River Oaks and West University Place. Cypress was tied for the third-most aordable area, HAR reported.
4 3 2
1
0
Median home price
Coppereld
Cypress North
Cypress South
$500K $400K $200K $100K $300K
$0
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*THROUGH APRIL SOURCE: TEXAS A&M REAL ESTATE RESEARCH CENTERCOMMUNITY IMPACT
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CYPRESS EDITION
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