The Olde Cypress housing market is somewhat competitive. The median sale price of a home in Olde Cypress was $1.2M last month, down 20.7% since last year. The median sale price per square foot in Olde Cypress is $445, up 2.6% since last year.
What is the housing market like in Olde Cypress today?
In April 2024, Olde Cypress home prices were down 20.7% compared to last year, selling for a median price of $1.2M. On average, homes in Olde Cypress sell after 34 days on the market compared to 64 days last year. There were 7 homes sold in April this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,229,000
-20.7% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Olde Cypress, FL
$1,229,000
-20.7%
United States
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How hot is the Olde Cypress housing market?
Olde Cypress is somewhat competitive. Homes sell in 22 days.
0
100
30
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 12 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 22 days.
Hot homes
can sell for around list price and go pending in around 6 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 Olde Cypress housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Olde Cypress.
Risk Factor
Flood Factor - Moderate
30% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Olde Cypress has a moderate risk of flooding. 134 properties in Olde Cypress are likely to be
severely affected
by flooding over the next 30 years. This represents 30% of all properties in Olde Cypress. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Olde Cypress has a moderate risk of wildfire. There are 595 properties in Olde Cypress that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Olde Cypress.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Olde Cypress has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Olde Cypress is most at risk from hurricanes. 597 properties in Olde 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 160 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 170 mph.