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Cypress Oaks Ph I Groveland Home Values: What Homes Actually Sell For

Buying here? See Cypress Oaks Ph Iii homes for sale and the Cypress Oaks Ph Iii community guide (Groveland), or all Cypress Oaks homes for sale.

Cypress Oaks Ph I Groveland (GROVELAND, FL): 5 recorded closings in the 12 months ending 2026-07-15, a 6-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, median closings ran near original asking (100.0%); the median sale took 12 days (window ending 2026-07-15).

The 6-year recorded price history

Over the recorded series, Cypress Oaks Ph I Groveland’s median sold price moved from $233,788 (2017) to $362,000 (12 months ending 2026-07-15) — +55% over that span, with every year’s figure from recorded closings, not a model.

The last decade in Cypress Oaks Ph I Groveland, briefly

The recorded series starts in 2017 at $233,788. Against the 2023 peak of $429,838, the current median stands at -16%. Annual sales volume here has ranged from 0 to 32 closings a year (10-yr average 7.4). With roughly 7.4 closings a year, Cypress Oaks Ph I Groveland’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.

What actually trades here: 91% single-family residence, 9% ?, with a median of 1,803 sq ft and a median price per square foot of $194 in the current window.

Where Cypress Oaks Ph I Groveland sales actually landed, 2024–2026

Of the 17 recorded Cypress Oaks Ph I Groveland closings since 2024, half landed between $350,000 and $394,900 (the middle two quartiles); the lowest recorded sale was $335,000 and the highest $489,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.

What homes of your size have sold for in Cypress Oaks Ph I Groveland

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. Smaller homes here have been selling at a higher price per square foot than larger ones ($213 vs $185) — the usual pattern, since lot, kitchen and baths do not scale with floor area.

The Cypress Oaks Ph I Groveland housing stock, from the live feed

From the live MLS feed as of 2026-09-03: The homes listed or recently sold were built between 2017 and 2022 (median 2019); 15 of 15 listed or recently sold homes report an HOA, median $70/mo; none of the 15 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 113 ft); the features listings here most often name are Pool, Playground, Dog Park, Community Mailbox and Street Lights. See the current Cypress Oaks Ph I Groveland listings →

At Cypress Oaks Ph I Groveland’s $362,000 median and Lake County’s adopted 16.65 mills (FY2025-26), a home assessed at that price carries roughly $6,030 a year in property tax before exemptions, or about $5,360 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 Lake County tax page.

Selling in Cypress Oaks Ph I Groveland right now: what the record says

Current asking prices run a median $402,500 against the $362,000 recorded sold median (+11%) — the gap between what sellers hope and what the record shows. The market is carrying about 1.3 months of supply at the current sales pace. Since 2017, 31 Cypress Oaks Ph I Groveland listings were withdrawn, canceled, or expired without selling (4 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 34% of Cypress Oaks Ph I Groveland listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 57%. Momentum’s market-heat index for Cypress Oaks Ph I Groveland reads 47/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

Cash bought 0% of recorded Cypress Oaks Ph I Groveland sales in the window ending 2026-06 (0 of 6) — a fact worth knowing before assuming every buyer needs an appraisal to close. With asking prices running +11% over the recorded sold median, a Cypress Oaks Ph I Groveland listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.

How Cypress Oaks Ph I Groveland compares with its neighbors

Communities buyers shopping Cypress Oaks Ph I Groveland 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.

More Cypress Oaks Ph I Groveland: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. 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