Cypress Mill vs Waterset Wolf Creek
Two Hillsborough communities, compared on the numbers that decide it — price, pace, and supply — from live MLS data as of 2026-09-26.
| Metric | Cypress Mill | Waterset Wolf Creek |
|---|---|---|
| Median sale price | $338K | $463K |
| Price per sq ft | $164 | $219 |
| Avg days on market | 71 days | 97 days |
| Months of supply | 5.3 mo | 3.3 mo |
| Market | Buyer-Leaning Market | Buyer-Leaning Market |
| 1-year price change | False | False |
| Recent closings | 25 | 51 |
The verdict
Waterset Wolf Creek carries the higher median price — about 37% above Cypress Mill. Homes in Cypress Mill sell faster (71 days on market vs 97). Waterset Wolf Creek is the tighter market on inventory (3.3 months of supply).
Where each one is
Cypress Mill and Waterset Wolf Creek are about a mile apart (straight-line, center to center) and share Hillsborough County.
| Cypress Mill | Waterset Wolf Creek | |
|---|---|---|
| County | Hillsborough County, FL | Hillsborough County, FL |
| City / area | Sun City Center | Apollo Beach |
| ZIP | 33573 | 33572 |
| FEMA flood zones (sampled parcels) | all 25 sampled homes outside a flood zone | all 23 sampled homes outside a flood zone |
Distances are straight-line; driving distance is usually 15 to 30 percent more. Flood-zone shares come from FEMA flood maps matched to sampled parcels; always check the exact address before you close.
What is for sale today
| Cypress Mill | Waterset Wolf Creek | |
|---|---|---|
| Homes for sale now | 11 | 14 |
| Under contract | 4 | 2 |
| Asking prices today | $270K to $420K | $370K to $799K |
| Listed in the last 7 days | 0 | 6 |
| Property types listed | Single Family Residence | Single Family Residence |
Live MLS counts, refreshed with every listing pull. Browse them: Cypress Mill homes for sale · Waterset Wolf Creek homes for sale.
The homes themselves
| Cypress Mill | Waterset Wolf Creek | |
|---|---|---|
| Homes (parcels) | 555 | 268 |
| Built | 2018–2023 (median 2021) | 2022–2024 (median 2023) |
| Typical living area | 2,151 sq ft | 2,470 sq ft |
| Homesteaded (owner-occupied) share | 69% | 42% |
| Vacant lots | 0 | 187 |
Housing-stock figures from the Florida Department of Revenue 2025 assessment roll (public records).
Price history, year by year
| Year | Cypress Mill median | Waterset Wolf Creek median |
|---|---|---|
| 2024 | $351K (26 sales) | $567K (5 sales) |
| 2025 | $348K (20 sales) | $505K (20 sales) |
| 2026 | $332K (16 sales) | $475K (39 sales) |
Since 2024, Cypress Mill's median sale price is -5% and Waterset Wolf Creek's is -16% — Cypress Mill has appreciated faster over that stretch.
How each one trades
| Cypress Mill | Waterset Wolf Creek | |
|---|---|---|
| Sale-to-original-list | 94.5% | 99.2% |
| New-construction share of sales | 0% | 77% |
| Typical sold home | 1,914 sq ft | 2,294 sq ft |
Last 12 months of recorded closings; sale-to-original-list is the share of the first asking price sellers actually got.
Schools the listings are zoned for
| Cypress Mill | Waterset Wolf Creek | |
|---|---|---|
| Elementary | Cypress Creek-Hb | Doby Elementary-Hb |
| Middle | Shields-Hb | Eisenhower-Hb |
| High school | Sumner High School | East Bay-Hb |
The school most often recorded on each community's MLS listings. Always confirm a specific address with the district.
Which one fits
On budget alone, Cypress Mill is the lower entry point (median $338K vs $463K). Buyers who want newer construction (fewer near-term roof, HVAC and re-plumb items, and easier insurance quotes in Florida) will find it in Waterset Wolf Creek; Cypress Mill trades that for a more established street and, typically, larger lots. Sellers get a faster sale in Cypress Mill (71 days on market on average); buyers get more negotiating room where homes sit longer.
Neither number set decides it: drive both on a weekday evening, check the HOA documents and the flood zone for the exact street, and price the insurance before you write an offer. A Momentum agent who works both communities can pull the comparable sales for any two specific homes.
Questions people ask
Is Waterset Wolf Creek more expensive than Cypress Mill?
Yes, on recent sales: the median sale price in Waterset Wolf Creek is $463,000 versus $338,000 in Cypress Mill, about 37% higher.
How far apart are Cypress Mill and Waterset Wolf Creek?
About a mile straight-line, center to center, both in Hillsborough County; driving distance is usually 15 to 30 percent more.
Which has newer homes, Cypress Mill or Waterset Wolf Creek?
Waterset Wolf Creek: its homes were built 2022–2024 with a median year of 2023, versus a median of 2021 in Cypress Mill (Florida DOR assessment roll).
Which has bigger homes?
Waterset Wolf Creek. The typical home there is 2,470 sq ft of living area, versus 2,151 sq ft in Cypress Mill.
Which has appreciated more, Cypress Mill or Waterset Wolf Creek?
From 2024 to 2026 the median sale price rose -5% in Cypress Mill and -16% in Waterset Wolf Creek (recorded MLS closings by calendar year).
Where do sellers get closer to asking price?
Waterset Wolf Creek — sellers there received 99.2% of the original list price over the last 12 months versus 94.5% in Cypress Mill.
What high schools serve Cypress Mill and Waterset Wolf Creek?
Listings in Cypress Mill most often report Sumner High School; listings in Waterset Wolf Creek report East Bay-Hb. Zoning is set by the district and can change - verify by address.
Go deeper on each: Cypress Mill homes, photos & schools · Waterset Wolf Creek homes, photos & schools
Figures are aggregates from realMLS / DBAAR, updated regularly. Thinking about either? Talk to Momentum Realty.