Cypress Lake
Homes for Sale in Palm City, FL
All 122 homes for sale in Palm City, FL · median $727,450 · 304 homes for sale in 34990 · Martin County homes for sale
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $395,000, $235 per square foot, a median 41 days on market, sellers accepting 95% of original asking. At the median price and Martin County's FY2025-26 rate of 15.47 mills, annual property tax runs about $6,110 ($5,500 with the full homestead exemption).
| Location | Palm City, Martin County, FL · ZIP 34990 |
|---|---|
| Homes in the community | 89 (FL DOR 2025 assessment roll) |
| Years built | 1995–1995 (median 1995) |
| Typical living area | 1,540 sq ft (median) |
| Sale prices, last 12 months | $395,000 median across 3 closed sales · $235 per sq ft |
| Days on market (closed sales) | 41 median |
| Owner-occupied (homestead) share | 89% |
Data as of September 20, 2026. 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; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Cypress Lake key facts,” movewithmomentum.com/neighborhoods/cypress-lake--martin, data as of September 20, 2026.
Cypress Lake sits in Palm City, in Martin County, and the current MLS snapshot is thin on the details that usually drive a number here. There is no median price in this snapshot and no identified community amenities, which means price in Cypress Lake will be set by the individual home in front of you — its condition, its lot, its updates — far more than by any community-level premium.
For a buyer, that puts the burden on comparison: without a headline price or shared amenity package to lean on, you evaluate each listing on its own merits. For a seller, it means presentation and condition do the heavy lifting; there is no amenity story to carry a price, so the house has to make the case.
Nearby homes for sale
No active listings inside Cypress Lake right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Cypress Lake market snapshot (as of September 20, 2026): the median sale price is about $395K ($235 per sq ft over the trailing 12 months of closed sales), and a median 41 days on market for closed sales.
In ZIP 34990 (Palm City), 322 homes closed in the last 12 months at a median of $765K ($280/sq ft), up 0.5% year over year, with a median 63 days on market. Right now 54 active and 23 pending listings put supply at about 5.1 months — a balanced market. See the live ZIP 34990 housing market and the Martin County market.
County records show 5 qualified sales in Cypress Lake across 2024–2025 (3 in 2024, 2 in 2025), median $417,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Cypress Lake is a community of 89 homes in Palm City, Martin County, built between 1995 and 1995 (median 1995), with a median living area of about 1,540 square feet. 89% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Cypress Lake is a Palm City community in Martin County. The current MLS pull identifies no community amenities, so this reads as a place where the individual property, not a shared amenity package, is the story.
Who Cypress Lake is best for.
Best for
- Buyers set on a Palm City location in Martin County who care more about the house than shared amenities
- Buyers comfortable underwriting a purchase on condition, lot, and comparables rather than a community price tag
- Buyers seeking to avoid amenity-driven carrying costs
Probably not for
- Buyers who want pools, clubhouses, or other shared amenities as part of the deal
- Buyers who need a clear community price benchmark before they will engage
- Buyers looking for a turnkey purchase without doing property-level diligence
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($395K) IS the median in the snapshot above.
Windows contain 0 to 3 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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. Deemed reliable but not guaranteed.
26% of homes for sale in ZIP 34990 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 (2026-09-20).
Housing distress & ownership in Cypress Lake, Palm City
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. 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. Deemed reliable but not guaranteed.
The Cypress Lake buying strategy.
If we were buying in Cypress Lake 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 Lake.
Reading Cypress Lake on the property, not the package
With no amenities surfacing in the current listings and no price benchmark in this snapshot, Cypress Lake asks you to underwrite each home directly. That is not a knock — plenty of Palm City buyers prefer a location in Martin County over a bundle of shared facilities they will pay to maintain — but it changes how you shop.
The practical move is to weight condition, layout, lot, and any owner updates heavily, and to build your own comparison set from what is actually listed rather than relying on a community-wide figure. Where the data is quiet, direct inspection and local comparables fill the gap.
The location and the amenities are priced into every listing in Cypress Lake. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
When a community snapshot is this sparse — no amenity list, no median to anchor on — the value is in local legwork. We pull the actual comparables around Cypress Lake, walk the homes, and tell you plainly whether a given listing earns its ask on condition and location, because in Palm City that is where the price is really made.
Cypress Lake in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Cypress Lake 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 Lake sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cypress Lake, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cypress Lake home worth?
Get a no-obligation home value based on real comparable sales in Cypress Lake, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Cypress Lake?
How long do homes in Cypress Lake take to sell?
How many homes are in Cypress Lake?
What share of Cypress Lake is owner-occupied?
When were the homes in Cypress Lake built?
Who is the best real estate agent for Cypress Lake?
How do I find a top Palm City real estate agent who knows Cypress Lake?
Can Momentum Realty connect me with an agent for Cypress Lake?
Where is Cypress Lake, and what county is it in?
Should you buy in Cypress Lake?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Beaches MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 34990)) |
| Under-contract shares | Beaches MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2001 (23 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 Beaches MLS 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?
You just read the data. Now see what your home is worth.
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 Beaches MLS member average and 8 days faster, and we’ll price yours against live local comps.
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