Cypress Lakes
Homes for Sale in Elkton, FL
All 7 homes for sale in Elkton, FL · median $550,000 · St. Johns County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Over the 12 months ending 2026-09-14, 10 recorded sales closed at a median of $392,450, $183 per square foot, a median 31 days on market, sellers accepting 98% of original asking (-1% versus the prior year). At the median price and St. Johns County's FY2025-26 rate of 13.47 mills, annual property tax runs about $5,290 ($4,770 with the full homestead exemption).
Price here is driven more by condition and specifics than by any single benchmark. The median sits at $375,000, or about $178 per square foot, and the spread around that number tends to be wide — what a given home fetches depends heavily on updates, lot, and how it shows. Treat the median as a center of gravity, not a ceiling or a floor.
The current posture is soft and slow. Prices are off 3.8% year over year, and the typical listing takes 79 days to sell — long enough that sellers need patience and sharp pricing, and buyers have room to negotiate rather than chase. With a heat score of 47 and only 11 closings in the window, this is a thin, unhurried market where nothing rewards rushing.
Cypress Lakes right now
🟡 Off the recent peak. The trailing-12-month median ($392K) is down 1.1% from the prior 12 months ($397K) and up 154% since 2012. With about a dozen 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 September 14. Confidence: Medium (10 and 13 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 15, 2026 · Live data: realMLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Nearby homes for sale
No active listings inside Cypress Lakes right now. These are the 5 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 Lakes market snapshot (as of September 14, 2026): the median sale price is about $392K ($183 per sq ft over the trailing 12 months of closed sales), and a median 31 days on market for closed sales. The trailing-12-month median is down 1% from the prior 12 months and up 154% since 2012, computed from record-level realMLS closed sales (10 closings in the current window).
In ZIP 32033 (Elkton), 24 homes closed in the last 12 months at a median of $390K ($215/sq ft), up 0.3% year over year, with a median 25 days on market. See the live ZIP 32033 housing market and the St. Johns County market.
County records show 31 qualified sales in Cypress Lakes across 2024–2025 (21 in 2024, 10 in 2025), median $397,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Cypress Lakes is a community of 503 homes in Elkton, St. Johns County, built between 1989 and 2023 (median 2005), with a median living area of about 2,466 square feet. 78% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Cypress Lakes in Elkton, out in western St. Johns County, is a small and slow-moving market where individual homes matter more than the headline stats. The thin recent sales count means each comp carries weight.
Who Cypress Lakes is best for.
Best for
- Buyers prioritizing lot size and elbow room over proximity to the county's busier corridors
- Patient buyers comfortable negotiating in a slow, low-volume market
- Long-horizon owners who plan to hold rather than flip
Probably not for
- Buyers who need to resell quickly or count on a fast exit
- Anyone wanting a short, urban commute with dense amenities nearby
- Investors who need a deep, active comp set to underwrite a purchase
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 14 of each year, from record-level realMLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($392K) IS the median in the snapshot above, and the move from 2025 ($397K) IS the -1.1% one-year change.
Windows contain 10 to 25 sales each (10 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.
11% of homes for sale in ZIP 32033 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 (2026-09-12).
Housing distress & ownership in Cypress Lakes, Elkton
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.
The Cypress Lakes buying strategy.
If we were buying in Cypress Lakes 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 Lakes.
A patient market in western St. Johns
The long arc here is strong — values are up 143% since 2012 — but the recent read is a cooling one, with prices down 3.8% over the past year. Those two facts aren't in conflict: this is a market that climbed hard over a decade and is now catching its breath. Neither figure tells you what any single house is worth today; the condition-driven spread does.
With just 11 closings in the measured window and a median of 79 days on market, data is thin and pace is deliberate. That cuts both ways. Buyers get time to inspect, think, and negotiate. Sellers who price to yesterday's peak will sit; those who price to today's reality can still transact. Elkton itself trades convenience for elbow room — expect a drive to the denser parts of the county.
The location and the amenities are priced into every listing in Cypress Lakes. 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 Lakes 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 (7.8). Basis: Long-Term Appreciation +154% since 2012; Recent Direction -1.1% year-over-year; Owner Commitment 78% owner-occupied; Pricing Power 97.6% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a thin market like Cypress Lakes, a single comp swings the analysis, so we underwrite each home on its own condition and features rather than leaning on a small sample. We help sellers price to the current, cooler posture instead of last cycle's highs, and we give buyers the negotiating framing that 79 days on market actually earns them.
Cypress Lakes 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 Lakes 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 Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cypress Lakes, 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 Lakes home worth?
Get a no-obligation home value based on real comparable sales in Cypress Lakes, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Elkton →
Frequently Asked Questions
What is the median home price in Cypress Lakes?
How long do homes in Cypress Lakes take to sell?
How many homes are in Cypress Lakes?
What share of Cypress Lakes is owner-occupied?
When were the homes in Cypress Lakes built?
Have Cypress Lakes home prices gone up?
Who is the best real estate agent for Cypress Lakes?
How do I find a top Elkton real estate agent who knows Cypress Lakes?
Can Momentum Realty connect me with an agent for Cypress Lakes?
Should you buy in Cypress Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | realMLS closed sales, 12-month windows ending September 14, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (15 streets, ZIP 32023/32032/32033/32035/32092)) |
| Under-contract shares | realMLS records, as of 2026-09-12 |
| Historical depth | Closed-sale records back to 2001 (372 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?
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 realMLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Cypress Lakes fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Cypress Lakes with Momentum Realty’s local guides.
Schools serving nearby communities
We do not have a confirmed school assignment for Cypress Lakes. These are the public schools most often assigned to other communities in ZIP 32033; zones change and vary by address, so confirm with the district before you buy.
- Pedro Menendez High School · High · FLDOE grade B (assigned to 3 nearby communities)
- South Woods Elementary School · Elementary · FLDOE grade B (assigned to 3 nearby communities)
- Gamble Rogers Middle School · Middle · FLDOE grade A (assigned to 2 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).