Cypress, CA Housing Market
Median List Price
$999,000
Updated August 2026
Today, Cypress has 56 homes for sale at a median list price of $999,000, typically selling in about 36 days.
Cypress Market Analysis
The median list price in Cypress, CA is $999,000. Current inventory stands at 56 active listings. 21 new listings came on the market in the last 30 days.
Expect a median around $639,500 for two bedroom homes and $1.5M at the five bedroom end. Single family homes lead the mix at 50.0%, with condos accounting for another 26.8%. February to July saw the median price go from $1.1M to $1.1M, up about 1.8%. Median pricing works out to $579 per square foot.
Homes here typically go under contract in about 16 days. At that pace, well priced homes attract offers quickly, so buyers should be ready to move. Addresses here fall across the 90630 and 90720 ZIP codes.
Cypress Rental Market
The median asking rent in Cypress, CA is $4,400. Current inventory stands at 10 active rental listings. February to July saw the median rent go from $3,800 to $4,995, up about 31.4%.
Cypress Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 2.4 months of supply, and sale prices are up 12% over the last six months and 20% over the past year. At the same time, 43% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$999K
↑ 20% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.4 months of supply
Tight Supply56 active listings against the current sales pace works out to about 2.4 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~36 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 39% faster than six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 50% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Cypress
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
67%
Homeowners
33%
Renters
Homeownership is 11.5 points higher than the California average (55.5%)
15,988 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $251K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$418K)
Price Reductions
24 listings have reduced their price
43% of active listings
Average reduction: 3.6% (~$36K)
Browse Cypress Listings
Frequently Asked Questions about the Cypress, CA Housing Market
What is the median home price in Cypress, CA?
The median list price in Cypress is $999,000 as of August 2026, based on 56 active listings.
Is Cypress a buyer's market or a seller's market?
Cypress currently reads as a seller's market. Active inventory works out to about 2.4 months of supply at the recent sales pace.
How fast do homes sell in Cypress?
Homes that closed in the last 90 days typically went under contract in about 16 days. The average home currently for sale has been on the market for 36 days.
Are home prices in Cypress going up or down?
The median sale price in Cypress is up about 20.4% compared with a year ago.
How many homes are for sale in Cypress, CA?
There are 56 homes for sale in Cypress right now, including 10 listed within the last week.
What is the median rent in Cypress?
The median asking rent in Cypress is $4,400 per month, across 10 active rental listings.