The Cypress Mill housing market is very competitive. The median sale price of a home in Cypress Mill was $320K last month, down 1.8% since last year. The median sale price per square foot in Cypress Mill is $163, up 24.4% since last year.
What is the housing market like in Cypress Mill today?
In March 2024, Cypress Mill home prices were down 1.8% compared to last year, selling for a median price of $320K. On average, homes in Cypress Mill sell after 4 days on the market compared to 47 days last year. There were 11 homes sold in March this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$320,000
-1.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cypress Mill, TX
$320,000
-1.8%
United States
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How hot is the Cypress Mill housing market?
Cypress Mill is very competitive. Homes sell in 21 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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 21 days.
Hot homes
can sell for around list price and go pending in around 5 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 Mill housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cypress Mill.
Risk Factor
Flood Factor - Moderate
62% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cypress Mill has a moderate risk of flooding. 326 properties in Cypress Mill are likely to be
severely affected
by flooding over the next 30 years. This represents 62% of all properties in Cypress Mill. Flood risk is increasing slower than the national average.
38% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cypress Mill has a minor risk of wildfire. There are 623 properties in Cypress Mill that have some risk of being affected by wildfire over the next 30 years. This represents 38% of all properties in Cypress Mill.
98% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Cypress Mill has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cypress Mill is most at risk from hurricanes. 1,600 properties in Cypress Mill 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 129 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 141 mph.