Cypress Lake
Homes for Sale in Kissimmee, FL

Community in Kissimmee · Osceola County · ZIP 34743
Median sale $240K
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Built fromLive Stellar MLS data11 years of closingsUpdated twice daily

Over the 12 months ending 2026-09-12, 4 recorded sales closed at a median of $239,500, $221 per square foot, a median 39 days on market, sellers accepting 95% of original asking (-16% versus the prior year). At the median price and Osceola County's FY2025-26 rate of 15.23 mills, annual property tax runs about $3,650 ($3,050 with the full homestead exemption).

Part of Cypress Lake, Kissimmee, FL — see all Cypress Lake homes for sale (0 listings across 3 sections in the MLS).

Live · Cypress Lake Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$240K
Median sold · 12 mo
down 15.8% vs the prior 12 months
-15.8%
1-yr price change
n = 4 and 5 sales in the two windows
$221/sf
Sold $/sqft · 12 mo
peak $221 in 2026
95.1%
Sale vs ask
Osceola median: 95.9%
Tempo
39days
Median DOM · closed
35 days at the 2025 low
4
Sold · last 12 mo
10-yr average: about 1 a year
Track record · 11 years of records
1,088sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by condition and square footage more than anything else. This is a built-out community of homes from the mid-1990s through the late 2000s, with a median of about 1,580 square feet and a median year built of 1998. At a median of $240,000 and roughly $239 per square foot, what you pay tracks closely to how much updating a given home has had. Expect a wide spread by condition rather than a tidy tier of prices.

The current posture favors patient buyers. The median price is down 15.6% year over year, and homes are taking a median of 39 days to go under contract — a market that has cooled and given buyers room to negotiate. Sellers should price to the current reality, not last year's, and lean on condition to stand out. The closings sample is thin, so treat any single comp with caution and weigh the trend over any one number.

Cypress Lake Housing Pulse · Momentum Research · as of September 12, 2026

Cypress Lake right now

🔴 Off the recent peak. The trailing-12-month median ($240K) is down 15.8% from the prior 12 months ($284K). With about 1 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 Stellar MLS closed sales, 12-month windows ending September 12. Confidence: Low (4 and 5 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 12, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Cypress Lake market snapshot (as of September 12, 2026): the median sale price is about $240K ($221 per sq ft over the trailing 12 months of closed sales), and a median 39 days on market for closed sales. The trailing-12-month median is down 16% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).

Cypress Lake Ph 1 is a small, fully built-out community of 185 homes in Kissimmee, Osceola County, with a homestead share of about 45% — meaning a meaningful portion of homes are non-owner-occupied, which is worth factoring into any purchase.

Best for

  • Buyers targeting a median around $240,000 who want an established, built-out community rather than new construction
  • Buyers willing to budget for updates and take advantage of a market that has softened over the past year
  • Investors evaluating a community with a substantial non-owner-occupied share, subject to any applicable leasing rules

Probably not for

  • Buyers who want a brand-new home with everything under warranty
  • Buyers who need certainty of near-term appreciation, which no one can promise here
  • Buyers unwilling to tolerate the condition variation typical of homes built from the mid-1990s to late 2000s

Windows contain 0 to 5 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2015 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
024201620182020202220242026
0 to 5 a year; 4 in the current window.
How much local inventory is already under contract

23% of homes for sale in ZIP 34743 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 (2026-09-08).

If we were buying in Cypress Lake today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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.

Best Buy
Buyers who want an established Kissimmee address and are comfortable with resale homes that may need updating.
Biggest Risk
Prices are down 15.6% year over year and the recent closing sample is thin, so value is hard to pin precisely.
Sweet Spot
An updated home near the median size where big-ticket systems have already been handled.
Avoid If
You need new construction or want a home with no near-term maintenance exposure.

A condition-driven resale market

With construction spanning 1994 to 2008 and a median build year of 1998, most homes here are past the point where original systems — roofs, HVAC, water heaters — should be assumed to have plenty of life left. That makes inspection findings central to value. Two homes of similar size can sit far apart on price purely on whether the big-ticket items have been addressed.

The homestead share of roughly 45% tells you a real portion of these homes are not owner-occupied. For a buyer, that means paying attention to how individual homes have been maintained and to any rental or leasing rules that apply. For a seller, an updated, well-kept home reads clearly against that backdrop, especially in a market where days on market sit near 39 and price has softened over the past year.

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.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a small community with a thin recent-closing sample and a year-over-year price decline, generic pricing advice fails. We read each home on its condition and systems, weigh the limited comps against the broader trend, and build a strategy — whether you are negotiating on a home that needs work or positioning an updated one against a softer market.

Cypress Lake in 15 seconds.

Best forBuyers who want an established Kissimmee address and are comfortable with resale homes that may need updating.
Biggest advantageA cooled market with softer pricing and roughly 39 days on market gives buyers negotiating room.
Biggest riskPrices are down 15.6% year over year and the recent closing sample is thin, so value is hard to pin precisely.
Sweet spotAn updated home near the median size where big-ticket systems have already been handled.
Avoid ifYou need new construction or want a home with no near-term maintenance exposure.

HOA, CDD & Fees

In short
  • 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.

The takeaway

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.

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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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Cypress Lake?
The median sale price in Cypress Lake was $240K over the 12 months ending September 12, 2026 (4 closed sales, Stellar MLS).
How long do homes in Cypress Lake take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 39 days on market (4 sales, Stellar MLS).
Who is the best real estate agent for Cypress Lake?
The best agent for Cypress Lake is one who actively works Kissimmee and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Cypress Lake.
How do I find a top Kissimmee real estate agent who knows Cypress Lake?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Cypress Lake and the wider Kissimmee area.
Can Momentum Realty connect me with an agent for Cypress Lake?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cypress Lake purchase or sale - no call center and no pressure.
Buyers targeting a median around $240,000 who want an established, built-out community rather than new constructionExcellent fit
Buyers willing to budget for updates and take advantage of a market that has softened over the past yearExcellent fit
Investors evaluating a community with a substantial non-owner-occupied share, subject to any applicable leasing rulesExcellent fit
Buyers who want a brand-new home with everything under warrantyProbably not
Buyers who need certainty of near-term appreciation, which no one can promise hereProbably not
Buyers unwilling to tolerate the condition variation typical of homes built from the mid-1990s to late 2000sProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2015 (12 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 Stellar 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.

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CallFree valuation →
Thinking of selling in Cypress Lake Ph 1? 4 recorded closings; median 39 days on market (window ending 2026-09-12). See the Osceola County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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