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Featured local agent — Cypress Lake, FL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Cypress Lake, FL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Cypress Lake, FL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Cypress Lake, FL Housing Market & Real Estate

Buyer's market-3.2% YoY

Housing market overview · Updated monthly ·

$230,000median sale price

How is the Cypress Lake, FL housing market right now?

The median home sale price in Cypress Lake, FL is $230,000, down 3.2% year-over-year. Homes sell in an average of 79 days with 179 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Cypress Lake a buyer's or seller's market?

Buyer's market5.3 months of supply79 avg. days on market

Cypress Lake, FL is currently a buyer's market, based on 5.3 months of supply and homes selling in about 79 days. How we determine this →

Homes sold

34

Last 12 weeks

Days on market

79

Average pace

Active listings

179

5.3 months supply

Sale-to-list

94.8%

Below asking

What does the Cypress Lake housing market data show?

Current housing market statistics for Cypress Lake, FL
MetricValue
Median sale price$230,000
Median list price$234,900
Year-over-year price change-3.2%
Average days on market79 days
Active inventory179 listings
Months of supply5.3 months
Sale-to-list price ratio94.8%
Median price per sq ft$187/sq ft
Homes sold (latest month)34
New listings (latest month)42
Listings with a price cut27.9%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Cypress Lake by property type?

How the Cypress Lake, FL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Cypress Lake, FL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$279,200$229/sq ft946 days
Condo / Co-op$187,500$184/sq ft16127 days
Townhouse$210,000$145/sq ft983 days

Source: Redfin · Updated monthly

The Cypress Lake housing market is currently classified as a buyer's market with a median sale price of $230,000. Prices have fallen 3.2% compared to last year, with homes spending an average of 79 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Cypress Lake

There are currently 179 homes listed for sale in Cypress Lake, Florida. The median listing price is $235K.

Active listings

179

Homes on market

Median list price

$235K

Avg. days on market

79

Days until sale

New this week

42

Newly listed

Price drops:27.9%of listings
Sale-to-list:94.8%

Who lives in Cypress Lake?

Population

13,145

Median income

$62,767/yr

Median age

60.7 years

Owner-occupied

74.3%

College grads

36.3%

Avg commute

23.9 min

Source: U.S. Census Bureau ACS

What is it like to live in Cypress Lake?

Cypress Lake is a community of approximately 13K residents with a median age of 60.7 years.The median household income is $62,767, which represents a working-class community with solid middle-income opportunities. 36.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 74.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cypress Lake offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Cypress Lake, FL?

Want a head-to-head view? Compare Cypress Lake side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Cypress Lake?

The median home sale price in Cypress Lake is $230,000, down 3.2% from last year.

How long do homes stay on market in Cypress Lake?

Homes typically spend 79 days on market before going under contract.

What is the median income in Cypress Lake?

The median household income is $62,767 per year.

Is Cypress Lake a buyer's or seller's market?

With 5.3 months of supply, Cypress Lake is currently a buyer's market.

What is the median condo price in Cypress Lake?

The median condo/co-op sale price in Cypress Lake, FL is $187,500, compared to $279,200 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Cypress Lake?

The median single-family home price in Cypress Lake, FL is $279,200 (about $229 per square foot).

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