Is Cypress Lake Gardens, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cypress Lake Gardens is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, Cypress Lake Gardens has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Cypress Lake Gardens, TX

How much do homes in Cypress Lake Gardens, TX cost?

Median Sold Price

$254,900

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$10,000(-3.8%)

Key Takeaway

Homes in Cypress Lake Gardens have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Cypress Lake Gardens was $254,900 in December 2024, down 3.8% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $257.4K$254.9K
-1.0%
4 $290.9K-
N/A
5+ --
N/A

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

Housing Supply in Cypress Lake Gardens, TX

How many homes are available in Cypress Lake Gardens, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
990.0%

Summary: The Cypress Lake Gardens real estate market had 9 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 99
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Cypress Lake Gardens housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cypress Lake Gardens, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Cypress Lake Gardens in December 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cypress Lake Gardens, TX

How long does it take to sell a home in Cypress Lake Gardens, TX?

Average Sale Time

Dec 2023Dec 2024CHANGE
189 Days40 Days-78.8%

Summary: Homes in Cypress Lake Gardens had an average of 40 days on market in Dec 2024, down by 78.8% 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 Lake Gardens has remained consistent over time.

Summary: During December 2024, 1 homes were sold in Cypress Lake Gardens; 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 6 Days Ago

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