The Villages of Cypress Lakes housing market is somewhat competitive. The median sale price of a home in Villages of Cypress Lakes was $330K last month, down 1.1% since last year. The median sale price per square foot in Villages of Cypress Lakes is $135, up 0.7% since last year.
What is the housing market like in Villages of Cypress Lakes today?
In March 2024, Villages of Cypress Lakes home prices were down 1.1% compared to last year, selling for a median price of $330K. On average, homes in Villages of Cypress Lakes sell after 49 days on the market compared to 47 days last year. There were 14 homes sold in March this year, down from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$330,000
-1.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Villages of Cypress Lakes, TX
$330,000
-1.1%
United States
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How hot is the Villages of Cypress Lakes housing market?
Villages of Cypress Lakes is somewhat competitive. Homes sell in 33 days.
0
100
48
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 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 33 days.
Hot homes
can sell for around list price and go pending in around 8 days.
Learn about schools in the Villages of Cypress Lakes area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Villages of Cypress Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Villages of Cypress Lakes.
Risk Factor
Flood Factor - Major
58% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Villages of Cypress Lakes has a major risk of flooding. 770 properties in Villages of Cypress Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 58% of all properties in Villages of Cypress Lakes. Flood risk is increasing slower than the national average.
89% of properties are at risk of wildfire over the next 30 years
Fire Factor
Villages of Cypress Lakes has a moderate risk of wildfire. There are 2,410 properties in Villages of Cypress Lakes that have some risk of being affected by wildfire over the next 30 years. This represents 89% of all properties in Villages of Cypress Lakes.
94% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Villages of Cypress Lakes has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Villages of Cypress Lakes is most at risk from hurricanes. 2,535 properties in Villages of 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 131 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 143 mph.
97% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Villages of Cypress Lakes has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 97% of homes in Villages of Cypress Lakes have an Extreme Heat Factor®.
Villages of Cypress Lakes is expected to see a 228% increase in the number of days over 111ºF over the next 30 years. Villages of Cypress Lakes is expected to experience 7