Cypress Bay
Homes for Sale in Jacksonville, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo courtesy of LPT REALTY LLC · via realMLS
Cypress Bay's median sale price sits at $247,800, translating to roughly $188.29 a square foot — a level shaped by a community built across a very wide span, from 1887 to 2024, with a median year built of 1986. That build-year spread means condition and vintage, not location within Cypress Bay, do most of the work in setting price on any individual house. Values here are down 6.8% year over year and sit 16% below the 2012 benchmark, so recent history has not favored sellers who bought at the peak.
With zero active listings and only 10 closings in the tracked window, there is essentially nothing currently for sale to measure a new listing against — pricing has to be built from the closed-sale record rather than from what else is on the market today. A median 70.5 days on market and a market heat score of 23 both point to a slow-moving environment: sellers who price to the record close, sellers who price to hope sit.
Figures in this note are as of July 14, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Cypress Bay right now
🔴 Off the recent peak. The trailing-12-month median ($235K) is down 8.7% from the prior 12 months ($258K) and up -17% since 2012. With about 17 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level realMLS closed sales, 12-month windows ending October 18. Confidence: Medium (6 and 8 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 18, 2026 · Live data: realMLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Cypress Bay market snapshot (as of October 18, 2026): the median sale price is about $235K ($182 per sq ft over the trailing 12 months of closed sales), and a median 40 days on market for closed sales. The trailing-12-month median is down 9% from the prior 12 months, computed from record-level realMLS closed sales (6 closings in the current window).
Cypress Bay is a community of 119 homes in Jacksonville, Duval County, built between 1986 and 2006 (median 1992), with a median living area of about 3,082 square feet. 92% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Cypress Bay is a 457-home Duval County community where price is set more by a home's individual condition and build era, spanning 1887 to 2024, than by a tight, competitive listing pool.
The setting & the homes.
Aerial and on-site photos of Cypress Bay. Swipe to explore the community.
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Cypress Bay
Cypress Bay
Cypress Bay
Cypress BayPhotos from realMLS listings in Cypress Bay; content deemed reliable but not guaranteed.
Who Cypress Bay is best for.
Best for
- Buyers comfortable evaluating a home on its individual condition and build year rather than assuming neighborhood-wide consistency.
- Sellers with a well-maintained, updated home who want it priced against real closed comparables rather than list-price competition.
- Long-term holders comfortable with a market that has traded flat to down over the past cycle rather than one banking on near-term appreciation.
Probably not for
- Buyers who need a wide active inventory to compare before deciding, given there are currently zero active listings.
- Sellers who need a fast turnaround — the median 70.5 days on market argues against a quick-close timeline.
- Investors expecting rapid appreciation, since price is down 6.8% year over year and 16% since 2012.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending October 18 of each year, from record-level realMLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($235K) IS the median in the snapshot above, and the move from 2025 ($258K) IS the -8.7% one-year change.
Windows contain 3 to 69 sales each (6 in the current window); every figure carries its sample size, and thin markets swing on single closings. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
19% of homes for sale in ZIP 32086 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-18).
Cypress Bay Market Scorecard
Cypress Bay is currently a balanced market..
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Cypress Bay, Jacksonville
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
Life at Cypress Bay
- Pool · reported on 1 of 1 listings
Community amenities as reported across realMLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Recent Developments in Cypress Bay
Development, infrastructure, retail, and school activity affecting Cypress Bay, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Market
St. Johns County denies 4,462-acre Palm Valley farmland housing application under new state enclave law
Commissioners denied 3-2 on Sept. 15 the 4,462-acre Palm Valley application near Nocatee under the state agricultural enclave law, and the county plans to fight it in court. Another proposal of nearly 1,200 acres and about 15,000 homes south of St. Augustine was approved in August, then denied 3-2 on Sept. 28. St. Johns County has received 16 applications under the law.
What it may mean for the marketThe outcome of these applications will shape how much new housing supply can be added on rural land in the county. The site is about 11 miles east of Cypress Bay.
Source: Jacksonville Today - October 2026Schools
Loretto Elementary breaks ground on $12.3 million classroom addition
The addition will replace 13 portable classrooms and two aging pod buildings with 15 classrooms, a music room and a teacher planning room, and will expand the parent drop-off loop. The school enrolls 875 students for 2026-27. Funding comes from the voter-approved half-cent sales tax, with opening expected in 2028.
What it may mean for the marketExpanded permanent capacity and a longer drop-off loop affect school-area traffic and classroom availability in the Mandarin area. The site is about 4 miles west of Cypress Bay.
Source: Hoodline - September 2026Development
UF Health Durbin Park 99-bed hospital opens in northern St. Johns County; Baptist Silverleaf adds emergency department
UF Health Durbin Park, a 99-bed hospital with a 24-hour emergency department on 42.5 acres, held its ribbon-cutting and opens the following week. Baptist Health's Silverleaf campus, about 10 miles south, is adding an emergency department, and AdventHealth and Acadia Health have also opened facilities near I-95. The county's population has grown more than 25% since 2020.
What it may mean for the marketNew hospital and emergency capacity shortens drive times to emergency care and adds healthcare jobs in northern St. Johns County. The site is about 8 miles southeast of Cypress Bay.
Source: Jacksonville Today - September 2026Development
Gateway Jax seeks more than $70 million in city incentives for Riverfront Plaza tower and Hotel Merrydelle
Gateway Jax is requesting about $55.4 million in incentives for a 17-story, roughly $271.5 million Riverfront Plaza tower with 130 to 170 hotel rooms and 50 to 150 residences on Independent Drive. It also seeks a $15 million loan for the nearly $50 million renovation of the former Ambassador Hotel at 420 Julia Street. The Downtown Investment Authority board votes Sept. 16 and City Council has the final say.
What it may mean for the marketIf approved, the projects would add hotel rooms, residences and restaurants along the Downtown riverfront. The project is about 9 miles northwest of Cypress Bay, elsewhere in Duval County.
Source: Jacksonville Today - July 2026Development
Culinary Institute of America selects Jacksonville for Southeast campus
News4Jax reported that the Culinary Institute of America chose downtown Jacksonville for its Southeast hub, to be located at 330 E. Bay Street on the Northbank riverfront. The campus would anchor a $160.5 million hotel and convention center development. The city previously approved up to $35 million in incentives, and the Downtown Investment Authority is finalizing agreements on design and property details.
What it may mean for the marketAnchors a major downtown riverfront redevelopment that pairs an educational campus with hotel and convention space, adding institutional and commercial investment to the urban core alongside Riverfront Plaza and Pearl Square. The project is about 9 miles northwest of Cypress Bay, elsewhere in Duval County.
Source: News4Jax - June 2026Infrastructure
First Coast Expressway advances as an economic-development corridor across Clay and St. Johns
The First Coast Expressway (State Road 23), a tolled beltway looping around the west and south of the Jacksonville metro, continued to open land for development along its corridor, with the final St. Johns County phase from Interstate 95 to east of County Road 2209 in progress. FDOT held a St. Johns County open house on the final phase in January 2026.
What it may mean for the marketNew limited-access highway capacity shortens commutes and opens adjacent land, changes that have historically shaped where new communities and demand concentrate. The site is about 16 miles southwest of Cypress Bay.
Source: Jax Daily Record
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Cypress Bay buying strategy.
If we were buying in Cypress Bay today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Cypress Bay.
The Numbers Behind a Thin Market
Cypress Bay counts 457 homes total, built across more than a century — from 1887 to 2024 — with a median year built of 1986. That range means two houses can carry very different systems, finishes, and maintenance histories, which is a bigger driver of eventual sale price here than any particular street or section. The median living area runs to 3,164 square feet, and at a median $188.29 per square foot that scales to the $247,800 median sale price.
Roughly 83.2% of homes carry a homestead exemption, consistent with a market of long-held, owner-occupied properties rather than one cycling through frequent investor turnover. Combined with just 10 closings in the current window and zero active listings as of 2026-10-18, Cypress Bay trades thin: comparable sales are the primary evidence available, and each one carries more weight than it would in a deeper market.
The location and the amenities are priced into every listing in Cypress Bay. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Cypress Bay buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (5.1). Basis: Long-Term Appreciation -17% since 2012; Recent Direction -8.7% year-over-year; Owner Commitment 92% owner-occupied; Pricing Power 92.4% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a community with zero active listings and only 10 recent closings, the comparable-sales record is doing all the work — Momentum tracks Cypress Bay's closed sales, price-per-square-foot, and days-on-market trend directly against the realmls feed so a listing gets priced against what actually sold, not against guesswork in a market with nothing else currently for sale to benchmark against.
Cypress Bay in 15 seconds.
Tools for a Cypress Bay buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cypress Bay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cypress Bay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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Ask an agent about Cypress Bay
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Frequently Asked Questions
What is the median home price in Cypress Bay?
How long do homes in Cypress Bay take to sell?
How many homes are in Cypress Bay?
What share of Cypress Bay is owner-occupied?
When were the homes in Cypress Bay built?
Have Cypress Bay home prices gone up?
Who is the best real estate agent for Cypress Bay?
How do I find a top Jacksonville real estate agent who knows Cypress Bay?
Can Momentum Realty connect me with an agent for Cypress Bay?
Should you buy in Cypress Bay?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Cypress Bay with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | realMLS, refreshed twice daily (last: October 18, 2026) |
| Community market stats | realMLS closed sales, 12-month windows ending October 18, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (5 streets, ZIP 32084/32086/32223)) |
| Under-contract shares | realMLS records, as of 2026-10-18 |
| Historical depth | Closed-sale records back to 2001 (264 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the realMLS member average and 8 days faster, and we’ll price yours against live local comps.
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