Momentum Housing Data · Home Values · Palm Beach County
CYPRESS LAKES (West Palm Beach, FL): 10 recorded closings in the 12 months ending 2026-08-10, a 15-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 92.0% of original asking; the median sale took 54 days (window ending 2026-08-10).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $322,500 | $200 | 54 | 92.0% | 10 |
| 2025 | $295,000 | $184 | 64 | 92.8% | 9 |
| 2024 | $291,500 | $210 | 43 | 96.0% | 14 |
| 2023 | $248,700 | $207 | 14 | 98.6% | 12 |
| 2022 | $280,000 | $179 | 10 | 100.0% | 14 |
| 2021 | $225,500 | $141 | 12 | 98.0% | 10 |
| 2020 | $202,500 | $142 | 40 | 97.1% | 15 |
| 2019 | $188,250 | $120 | 14 | 93.7% | 14 |
| 2018 | $135,500 | $106 | 48 | 94.8% | 12 |
| 2017 | $148,500 | $100 | 16 | 96.9% | 15 |
| 2016 | $125,700 | $96 | 26 | 97.3% | 19 |
| 2015 | $100,000 | $76 | 48 | 94.5% | 21 |
| 2014 | $125,500 | $83 | 83 | 95.0% | 16 |
| 2013 | $119,000 | $78 | 75 | 95.3% | 14 |
| 2012 | $53,900 | $46 | 93 | 90.0% | 9 |
Over the recorded series, CYPRESS LAKES’s median sold price moved from $53,900 (2012) to $322,500 (12 months ending 2026-08-10) — +498% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $53,900. The 2020–22 run-up did what it did everywhere — CYPRESS LAKES’s median moved +49% from 2019 to 2022. Annual sales volume here has ranged from 9 to 21 closings a year (10-yr average 12.5). With roughly 12.5 closings a year, CYPRESS LAKES’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
Of the 30 recorded CYPRESS LAKES closings since 2024, half landed between $255,000 and $338,750 (the middle two quartiles); the lowest recorded sale was $190,000 and the highest $450,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $200,000 | 2 (7%) | |
| $200,000 – $250,000 | 5 (17%) | |
| $250,000 – $300,000 | 6 (20%) | |
| $300,000 – $350,000 | 12 (40%) | |
| None and up | 5 (17%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Price per square foot is nearly flat across sizes here ($192 to $191), so square footage alone explains most of the price spread.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 1,246–1,250 sq ft | $192 | $240,000 | $190,000 – $305,000 | 10 |
| Mid-size homes 1,250–1,570 sq ft | $218 | $322,500 | $210,000 – $360,000 | 10 |
| Larger homes 1,599–1,836 sq ft | $191 | $337,500 | $285,000 – $450,000 | 10 |
From the live MLS feed as of 2026-09-03: The homes listed or recently sold were built between 1979 and 1997 (median 1986); 12 of 12 listed or recently sold homes report an HOA, median $396/mo; none of the 12 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 18 ft); the features listings here most often name are Fitness Center, Gated with Guard, Billiard Room, Clubhouse, Tennis Court(s) and Manager On Site. See the current CYPRESS LAKES listings →
At CYPRESS LAKES’s $322,500 median and Palm Beach County’s adopted 18.72 mills (FY2025-26), a home assessed at that price carries roughly $6,040 a year in property tax before exemptions, or about $5,260 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Palm Beach County tax page.
Current asking prices run a median $249,950 against the $322,500 recorded sold median (-22%) — the gap between what sellers hope and what the record shows. The market is carrying about 2.4 months of supply at the current sales pace. Demand check: 33% of CYPRESS LAKES’s listings are under contract, against 20% for ZIP 33401 and 24% for Palm Beach County as a whole — the community is absorbing faster than its surroundings. Momentum’s market-heat index for CYPRESS LAKES reads 28/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Asking prices here currently sit -22% under the recorded sold median — sellers are pricing to move, and the closed record above is the number a buyer's appraiser will see.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping CYPRESS LAKES are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| NORMANDY VILLAGE | $460,000 | $286 | 13 | 3 |
| RIVERWALK | $469,900 | $287 | 52 | 27 |
| POINTE OF WOODS PUD | $630,000 | $274 | 162 | 7 |
| NORTHWOOD | $905,480 | $481 | 80 | 5 |
More CYPRESS LAKES: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.