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Featured local agent — Cypress, IL
Sarah Mitchell
Compass Real Estate · Cypress, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cypress, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$40,000median sale price
How is the Cypress, IL housing market right now?
The median home sale price in Cypress, IL is $40,000. Homes sell in an average of 109 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of August 2023 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cypress a buyer's or seller's market?
Cypress, IL is currently a buyer's market and homes selling in about 109 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
109
Average pace
Active listings
—
Sale-to-list
89.1%
Below asking
What does the Cypress housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $40,000 |
| Average days on market | 109 days |
| Sale-to-list price ratio | 89.1% |
| Median price per sq ft | $33/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Cypress by property type?
How the Cypress, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $40,000 | $33/sq ft | 1 | 109 days |
Source: Redfin · Updated monthly
The Cypress housing market is currently classified as a buyer's market with a median sale price of $40,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 109 days on market.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
Explore homes currently listed for sale in Cypress, Illinois across major real estate platforms.
Who lives in Cypress?
Population
264
Median income
$53,750/yr
Median age
33 years
Owner-occupied
83.6%
College grads
5.6%
Avg commute
24.5 min
Source: U.S. Census Bureau ACS
What is it like to live in Cypress?
Cypress is a community of approximately 0K residents with a median age of 33 years.The median household income is $53,750, which represents a working-class community with solid middle-income opportunities. 5.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 83.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cypress offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Cypress?
1 schools tracked · 109 students
The largest public schools serving Cypress, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Cypress Elem School
Grades PK-8 · 109 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Cypress, IL?
Want a head-to-head view? Compare Cypress 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?
The median home sale price in Cypress is $40,000, down 0.0% from last year.
How long do homes stay on market in Cypress?
Homes typically spend 109 days on market before going under contract.
What is the median income in Cypress?
The median household income is $53,750 per year.
How much does a single-family home cost in Cypress?
The median single-family home price in Cypress, IL is $40,000 (about $33 per square foot).
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