Market Overview
Home Prices in Cypress Lakes, FL
The median home value in Cypress Lakes, FL is $300,117 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.7% compared to a year ago and down 5.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cypress Lakes are priced27% below average. Cypress Lakes is part of the Miami-Fort Lauderdale-Pompano Beach, FL metro area.
Over the past five years, Cypress Lakes home values have risen by approximately29.4%, reflecting strong long-term appreciation in this market.
Price History
Cypress Lakes Home Price Trend
City Comparison
Cypress Lakes vs. National Median
At $300,117, homes in Cypress Lakes cost 27% below the national median of $410,000. This makes Cypress Lakes a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cypress Lakes?
20% Down Payment
$60,023
on $300,117
Monthly P&I
$1,565/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,988/mo
incl. taxes & insurance
Income Needed
$79,520
gross annual (30% rule)
10% Down Option
$30,012
+ PMI applies
Loan Amount (20% dn)
$240,094
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cypress Lakes, FL?
The median home value in Cypress Lakes is $300,117 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.7% year-over-year.
How much have home prices changed in Cypress Lakes?
Over the past year, home values in Cypress Lakes have decreased by 4.7%. Over five years, prices have risen approximately 29.4%.
How much do I need to earn to buy a home in Cypress Lakes?
To comfortably afford the median home price of $300,117 with a 20% down payment ($60,023) at today's rates (6.8%), you'd need a gross annual income of approximately $79,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Cypress Lakes compare to the national average home price?
The national median home value is approximately $410,000. At $300,117, homes in Cypress Lakes are 27% below the national average.
What metro area is Cypress Lakes part of?
Cypress Lakes is part of the Miami-Fort Lauderdale-Pompano Beach, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.