The Cypress Creek Lakes housing market is somewhat competitive. The median sale price of a home in Cypress Creek Lakes was $541K last month, up 8.4% since last year. The median sale price per square foot in Cypress Creek Lakes is $181, up 16.8% since last year.
What is the housing market like in Cypress Creek Lakes today?
In April 2024, Cypress Creek Lakes home prices were up 8.4% compared to last year, selling for a median price of $541K. On average, homes in Cypress Creek Lakes sell after 80 days on the market compared to 40 days last year. There were 14 homes sold in April this year, down from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$541,250
+8.4% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Cypress Creek Lakes, TX
$541,250
+8.4%
United States
To compare other locations to the Cypress Creek Lakes and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Houston add value to a home.
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How hot is the Cypress Creek Lakes housing market?
Cypress Creek Lakes is somewhat competitive. Homes sell in 32 days.
0
100
54
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 32 days.
Hot homes
can sell for around list price and go pending in around 6 days.
Learn about schools in the Cypress Creek Lakes area
Elementary
Middle
High
GreatSchools Rating
9/10
Warner Elementary School
Public • PreK-5
1120
Students
16 reviews
8/10
Rennell Elementary School
Public • PreK-5
1095
Students
14 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cypress Creek Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cypress Creek Lakes.
Risk Factor
Flood Factor - Moderate
42% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cypress Creek Lakes has a moderate risk of flooding. 540 properties in Cypress Creek Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 42% of all properties in Cypress Creek Lakes. Flood risk is increasing slower than the national average.
84% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cypress Creek Lakes has a moderate risk of wildfire. There are 2,103 properties in Cypress Creek Lakes that have some risk of being affected by wildfire over the next 30 years. This represents 84% of all properties in Cypress Creek Lakes.
99% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Cypress Creek Lakes has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cypress Creek Lakes is most at risk from hurricanes. 2,493 properties in Cypress Creek Lakes have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 129 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 140 mph.
96% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Cypress Creek Lakes has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 96% of homes in Cypress Creek Lakes have an Extreme Heat Factor®.
Cypress Creek Lakes is expected to see a 228% increase in the number of days over 110ºF over the next 30 years. Cypress Creek Lakes is expected to experience 7