Cypress Lakes Ph 03
Homes for Sale in Kissimmee, FL

Community in Kissimmee · Osceola County
211 homesBuilt 1990–1993
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Live · CYPRESS LAKES PH 03 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$366K
Median sold · 12 mo
down 7.2% vs the prior 12 months
-7.2%
1-yr price change
n = 11 and 11 sales in the two windows
$246/sf
Sold $/sqft · 12 mo
peak $246 in 2026
100.0%
Sale vs ask
+385%
T12M median vs 2012
from a $76K median in 2012
Tempo
15days
Median DOM · closed
3 days at the 2021 low
11
Sold · last 12 mo
10-yr average: about 13 a year
Ownership and context
60%
Owner-occupied · CYPRESS LAKES PH 03
420 of 701 parcels homesteaded (FL DOR 2025)
40%
Non-owner-occupied · CYPRESS LAKES PH 03
incl. 6% trust or LLC-held · 11% out-of-state
8%
Cash buyers · CYPRESS LAKES PH 03
1 of 13 sales, 12 mo ending June 2026
701
Homes in the community
701 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 1990
Community established
homes built 1990-2016, median 1991 (FL DOR 2025)
3
Failed listings · 2026
peaked at 48 in 2008
1,563sqft
Median sold home size
12-mo windows, closed sales
1.6%/yr
Turnover rate
about 11 of 701 homes trade a year
Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Cypress Lakes Ph 03 is a defined-vintage pocket of 211 homes built between 1990 and 1993, and that tight construction window is the single biggest thing setting price here. When homes are this close in age and share a median footprint around 1,651 square feet, the market stops paying for square footage and starts paying for condition. An updated kitchen, a newer roof, refreshed systems — those are what separate one closing from the next, not size or 'newness.'

The FACTS snapshot shows no closings in the current window, so there is no fresh sale to anchor to right now. For a seller that means pricing has to lean on comparable condition and presentation rather than a hot recent comp. For a buyer it means patience is rewarded: without a stack of competing bids on the board, there is room to underwrite a home on its actual state rather than the pace of the market.

CYPRESS LAKES PH 03 Housing Pulse · Momentum Research · as of August 2, 2026

CYPRESS LAKES PH 03 right now

🟡 Off the recent peak. The trailing-12-month median ($366K) is down 7.2% from the prior 12 months ($395K) and up 385% 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 Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Medium (11 and 11 sales in the two windows).

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

Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Best for

  • Buyers seeking a single, established home in the roughly 1,651-sqft range who plan to hold and occupy it
  • Value-minded buyers willing to trade cosmetic dating for a home where the systems and roof are already updated
  • Buyers who want a small, settled community rather than a large, high-turnover subdivision

Probably not for

  • Buyers who want new construction or a home built well after the early 1990s
  • Buyers needing significantly more than the median footprint here
  • Investors chasing a fast-moving, high-velocity flip market

The market around Cypress Lakes Ph 03

Cypress Lakes Ph 03 is a small community — 11 recorded sales on file, most recently in 2024 — too few for its own price trend. Here is the market around it.

Across Osceola County, 4,370 homes are active and 1,137 pending (21% under contract).

The housing mix here is 98% single family residence, 2% villa.

ZIP and county figures describe the wider market, not Cypress Lakes Ph 03 specifically. Momentum Research analysis of MLS records.

If we were buying in Cypress Lakes Ph 03 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 Lakes Ph 03.

Best Buy
Buyers who want an established early-1990s home and will pay for condition, not square footage.
Biggest Risk
Original-era roofs and systems may be due for replacement, and there is no fresh comp to anchor pricing.
Sweet Spot
A well-updated home near the 1,651-sqft median that has already addressed the big-ticket items.
Avoid If
You need new construction, large square footage, or a fast bidding-war market.

A condition-driven market

With a homestead share of about 67 percent, most of these homes are owner-occupied rather than held as rentals — a signal of a stable, lived-in community where maintenance tends to be ongoing rather than deferred. That share also tells you the inventory here turns over deliberately, not in waves, so a buyer should treat any listing on its own terms.

Because the homes cluster around a median of 1,651 living square feet and a median build year of 1990, the spread in value comes almost entirely from what has been done inside and to the envelope. Roofs, HVAC, and kitchens from the original build are now well into replacement territory, so read every disclosure closely and price accordingly. This is a market where a careful inspection pays for itself.

The location and the amenities are priced into every listing in Cypress Lakes Ph 03. 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 community this size and this uniform in vintage, the difference between a good buy and an overpay is condition, and that is exactly what we underwrite line by line. We will walk the roof age, the systems, and the updates against the median footprint here and tell you plainly whether a listing is priced for its true state — including when the honest answer is to pass.

Cypress Lakes Ph 03 in 15 seconds.

Best forBuyers who want an established early-1990s home and will pay for condition, not square footage.
Biggest advantageA stable, mostly owner-occupied pocket of only 211 homes with a consistent footprint.
Biggest riskOriginal-era roofs and systems may be due for replacement, and there is no fresh comp to anchor pricing.
Sweet spotA well-updated home near the 1,651-sqft median that has already addressed the big-ticket items.
Avoid ifYou need new construction, large square footage, or a fast bidding-war market.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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 Lakes Ph 03 sales matched to your home.

What is your Cypress Lakes Ph 03 home worth?

Get a no-obligation home value based on real comparable sales in Cypress Lakes Ph 03, 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 homes for sale in Cypress Lakes Ph 03 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Cypress Lakes Ph 03?
The Florida DOR 2025 assessment roll shows 211 homes in Cypress Lakes Ph 03 (public records).
What share of Cypress Lakes Ph 03 is owner-occupied?
67% of Cypress Lakes Ph 03 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Cypress Lakes Ph 03 built?
Homes in Cypress Lakes Ph 03 were built between 1990 and 1993, with a median year built of 1990 (FL DOR 2025 roll).
Do cash buyers compete in Cypress Lakes Ph 03?
Cash buyers took 25% of Cypress Lakes Ph 03 sales in the 12 months ending June 2024 (1 of 4 closings, Stellar MLS).
Who is the best real estate agent for Cypress Lakes Ph 03?
The best agent for Cypress Lakes Ph 03 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 Lakes Ph 03.
How do I find a top Kissimmee real estate agent who knows Cypress Lakes Ph 03?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Cypress Lakes Ph 03 and the wider Kissimmee area.
Can Momentum Realty connect me with an agent for Cypress Lakes Ph 03?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cypress Lakes Ph 03 purchase or sale - no call center and no pressure.
Buyers seeking a single, established home in the roughly 1,651-sqft range who plan to hold and occupy itExcellent fit
Value-minded buyers willing to trade cosmetic dating for a home where the systems and roof are already updatedExcellent fit
Buyers who want a small, settled community rather than a large, high-turnover subdivisionExcellent fit
Buyers who want new construction or a home built well after the early 1990sProbably not
Buyers needing significantly more than the median footprint hereProbably not
Investors chasing a fast-moving, high-velocity flip marketProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 34743))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2015 (30 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.

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($366K) IS the median in the snapshot above, and the move from 2025 ($395K) IS the -7.2% one-year change.

Windows contain 0 to 34 sales each (11 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 2005 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$200K$300K$400K20122014201620182020202220242026
Down 7.2% year over year; up 385% since 2012.
Every sale since 2005 · price vs size
$0$200K$400K1k2k3k
184 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $48 in 2012 to a $246 peak in 2026; $246 now.
Median days on market · closed sales
025507520122014201620182020202220242026
3 days at the 2021 low; 15 now.
Sale price vs original ask · median
90%100%20122014201620182020202220242026
100.0% now.
Homes sold per 12-mo window
010203020122014201620182020202220242026
0 to 34 a year; 11 in the current window.
Sellers who gave up · failed listings per year
020402004200820122016202020242026
Canceled, expired, or withdrawn. 48 quit in 2008; 3 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201420162018202220242026
85 at the 2022 peak, 14 in the troughs, 49 now. Same score as the hero card, full history.
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 (2026-08-01).

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (20 streets, ZIP 34743))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2005 (184 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.

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 Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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