The Cypress housing market is somewhat competitive. The median sale price of a home in Cypress was $430K last month, up 34.3% since last year. The median sale price per square foot in Cypress is $192, up 6.4% since last year.
In March 2024, Cypress home prices were up 34.3% compared to last year, selling for a median price of $430K. On average, homes in Cypress sell after 42 days on the market compared to 30 days last year. There were 45 homes sold in March this year, up from 43 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$429,900
+34.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cypress, VA
$429,900
+34.3%
United States
To compare other locations to the Cypress and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Suffolk add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Cypress housing market?
Cypress is somewhat competitive. Homes sell in 32 days.
0
100
65
Somewhat 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 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 32 days.
Hot homes
can sell for about 2% above list price and go pending in around 13 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
5/10
Elephant's Fork Elementary School
Public • PreK-5
579
Students
14 reviews
5/10
Booker T. Washington Elementary School
Public • PreK-5
382
Students
5 reviews
5/10
Florence Bowser Elementary School
Public • PreK-5
770
Students
9 reviews
5/10
Creekside Elementary School
Public • PreK-5
767
Students
20 reviews
5/10
Oakland Elementary School
Public • PreK-5
457
Students
10 reviews
Only showing 5 of
10 elementary schools.
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 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cypress.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cypress has a moderate risk of flooding. 339 properties in Cypress are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Cypress. Flood risk is increasing faster than the national average.
38% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cypress has a moderate risk of wildfire. There are 1,718 properties in Cypress that have some risk of being affected by wildfire over the next 30 years. This represents 38% of all properties in Cypress.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Cypress has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cypress is most at risk from hurricanes. 4,414 properties in Cypress 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 123 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 136 mph.