The Cypress Reserve housing market is very competitive. The median sale price of a home in Cypress Reserve was $583K last month, up 41.0% since last year. The median sale price per square foot in Cypress Reserve is $210, down 3.9% since last year.
What is the housing market like in Cypress Reserve today?
In October 2024, Cypress Reserve home prices were up 41.0% compared to last year, selling for a median price of $583K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$582,500
+41.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Cypress Reserve, FL
$582,500
+41.0%
United States
To compare other locations to the Cypress Reserve and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Kissimmee add value to a home.
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How hot is the Cypress Reserve housing market?
Cypress Reserve is very competitive. Homes sell in 12 days.
0
100
70
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 12 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 12 days.
Hot homes
can sell for about 3% above list price and go pending in around 4 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 Reserve housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cypress Reserve.
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cypress Reserve has a minor risk of flooding. 11 properties in Cypress Reserve are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Cypress Reserve. Flood risk is increasing faster than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cypress Reserve has a moderate risk of wildfire. There are 599 properties in Cypress Reserve that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Cypress Reserve.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Cypress Reserve has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cypress Reserve is most at risk from hurricanes. 601 properties in Cypress Reserve 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 137 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 151 mph.
82% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Cypress Reserve has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 82% of homes in Cypress Reserve have an Extreme Heat Factor®.
Cypress Reserve is expected to see a 228% increase in the number of days over 108ºF over the next 30 years. Cypress Reserve is expected to experience 6