The Cypress Point housing market is very competitive. The median sale price of a home in Cypress Point was $330K last month, down 5.3% since last year. The median sale price per square foot in Cypress Point is $215, up 21.1% since last year.
What is the housing market like in Cypress Point today?
In April 2024, Cypress Point home prices were down 5.3% compared to last year, selling for a median price of $330K. On average, homes in Cypress Point sell after 21 days on the market compared to 42 days last year. There were 19 homes sold in April this year, up from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$330,000
-5.3% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Cypress Point, VA
$330,000
-5.3%
United States
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How hot is the Cypress Point housing market?
Cypress Point is very competitive. Homes sell in 23 days.
0
100
75
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 23 days.
Hot homes
can sell for about 2% above list price and go pending in around 14 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cypress Point housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cypress Point.
Risk Factor
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cypress Point has a minor risk of flooding. 33 properties in Cypress Point are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Cypress Point. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cypress Point has a minor risk of wildfire. There are 7 properties in Cypress Point that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Cypress Point.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Cypress Point has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cypress Point is most at risk from hurricanes. 783 properties in Cypress Point have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 133 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 146 mph.