Is Cypress Bend, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cypress Bend is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Cypress Bend was a Seller's Market.

Key Takeaway

Cypress Bend is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cypress Bend, FL

How much do homes in Cypress Bend, FL cost?

Median Sold Price

$223,750

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$26,250(-10.5%)

Key Takeaway

Homes in Cypress Bend have sold for 10.5% less than they did a year ago.

Summary: The median home sold price in Cypress Bend was $223,750 in October 2024, down 10.5% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $179K$185K
+3.4%
2 $265K$232.5K
-12.3%
3 -$229.9K
N/A
4 --
N/A
5+ --
N/A

Summary: Cypress Bend housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes decreased by 12.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cypress Bend, FL

How many homes are available in Cypress Bend, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3032+6.7%

Summary: The Cypress Bend real estate market had 32 homes for sale in October 2024, a 6.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 77
0.0%
2 2325
+8.7%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Cypress Bend housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cypress Bend, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Cypress Bend in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Cypress Bend, FL

How long does it take to sell a home in Cypress Bend, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
72 Days89 Days+23.6%

Summary: Homes in Cypress Bend had an average of 89 days on market in Oct 2024, up by 23.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cypress Bend has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Cypress Bend; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

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