CYPRESS RUN UNIT II
Homes for Sale in TARPON SPRINGS, FL
True comps, carrying-cost math, and listings before the portals.
Price here is driven by size and land, not age. The median home runs close to 4,000 square feet, and at a median of $975,000 you are paying for scale on a mature lot rather than new construction. The median price per square foot sits around $267, which is what you would expect when big floor plans do the heavy lifting on total price.
The market posture is patient. Median days on market is 71, so this is not a place where listings clear in a weekend. Sellers should price to condition and expect a longer marketing runway; buyers have room to underwrite carefully, inspect thoroughly, and negotiate without the pressure of a fast-moving segment.
The 60-Second Overview
CYPRESS RUN UNIT II market snapshot (as of August 2, 2026): the median sale price is about $975K ($267 per sq ft over the trailing 12 months of closed sales), and a median 71 days on market for closed sales.
CYPRESS RUN UNIT II is a community of 53 homes in TARPON SPRINGS, Pinellas County, built between 1983 and 2016 (median 1987), with a median living area of about 3,987 square feet. 93% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Cypress Run Unit II is a small, established enclave in Tarpon Springs, Pinellas County, of roughly 53 homes built between 1983 and 2016 with a median build year of 1987. This is a large-home neighborhood where floor plans, not new finishes, set the tone.
Who CYPRESS RUN UNIT II is best for.
Best for
- Buyers with a budget around the mid-$900s who want maximum square footage for the money
- Buyers willing to renovate an older large home to their own standard
- Long-horizon owners who value an established, low-turnover street over resale liquidity
Probably not for
- Buyers needing to close fast in a market that has been taking over two months
- Buyers who want new construction and modern finishes out of the box
- Buyers seeking a compact, low-maintenance home rather than a 4,000-square-foot floor plan
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 ($975K) 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. Based on Stellar MLS data distributed by MLS GRID for the period 2014 through 2025. Deemed reliable but not guaranteed.
18% of homes for sale in ZIP 34688 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).
The CYPRESS RUN UNIT II buying strategy.
If we were buying in CYPRESS RUN UNIT II 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 RUN UNIT II.
Big floor plans, long hold horizons
With a median living area near 3,987 square feet and a build era centered on the late 1980s, expect substantial homes that reward buyers who value space over turnkey-new finishes. The spread of build years into 2016 means inventory ranges from original-condition to updated or newer product, so condition is where value separates here more than location.
About 93% of homes carry a homestead exemption, which signals a low-turnover, owner-occupied enclave rather than an investor-churned one. Combined with only a handful of recent closings and 71 median days on market, that means listings are infrequent and each one deserves individual analysis rather than comps applied by rote.
The location and the amenities are priced into every listing in CYPRESS RUN UNIT II. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a thin-turnover neighborhood of large homes with a wide condition spread, comps are scarce and rarely apples-to-apples. We price and negotiate off the actual home in front of us — its updates, its systems, its lot — instead of leaning on a formula, and we set realistic timelines given a market that historically takes over two months to move.
CYPRESS RUN UNIT II in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a CYPRESS RUN UNIT II 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 RUN UNIT II sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in CYPRESS RUN UNIT II, 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 RUN UNIT II home worth?
Get a no-obligation home value based on real comparable sales in CYPRESS RUN UNIT II, 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 RUN UNIT II on the map →
Frequently Asked Questions
What is the median home price in CYPRESS RUN UNIT II?
How long do homes in CYPRESS RUN UNIT II take to sell?
How many homes are in CYPRESS RUN UNIT II?
What share of CYPRESS RUN UNIT II is owner-occupied?
When were the homes in CYPRESS RUN UNIT II built?
Do cash buyers compete in CYPRESS RUN UNIT II?
Who is the best real estate agent for CYPRESS RUN UNIT II?
How do I find a top TARPON SPRINGS real estate agent who knows CYPRESS RUN UNIT II?
Can Momentum Realty connect me with an agent for CYPRESS RUN UNIT II?
Should you buy in CYPRESS RUN UNIT II?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34688)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2014 (14 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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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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