The Cypress Lakes housing market is not very competitive. The median sale price of a home in Cypress Lakes was $737K last month, up 106.2% since last year. The median sale price per square foot in Cypress Lakes is $252, down 20.0% since last year.
What is the housing market like in Cypress Lakes today?
In March 2024, Cypress Lakes home prices were up 106.2% compared to last year, selling for a median price of $737K. On average, homes in Cypress Lakes sell after 122 days on the market compared to 85 days last year. There were 10 homes sold in March this year, down from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$737,000
+106.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cypress Lakes, FL
$737,000
+106.2%
United States
To compare other locations to the Cypress Lakes and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Pompano Beach add value to a home.
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How hot is the Cypress Lakes housing market?
Cypress Lakes is not very competitive. Homes sell in 94 days.
0
100
14
Not 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 9 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 94 days.
Hot homes
can sell for about 2% below list price and go pending in around 43 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 Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cypress Lakes.
Risk Factor
Flood Factor - Major
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cypress Lakes has a major risk of flooding. 134 properties in Cypress Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 99% of all properties in Cypress Lakes. Flood risk is increasing faster than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Cypress Lakes has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cypress Lakes is most at risk from hurricanes. 601 properties in Cypress Lakes 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 186 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 195 mph.