What is the median home value in Cypress Lake, FL?

Name: Home values in Cypress Lake, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Cypress Lake, FL is $258,900 (±$16,353), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Cypress Lake, the median home value went from $159,000 in 2015–2019 to $258,900 in 2020–2024 (+62.8%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median home value: $258,900 (±$16,353)
Owner-occupied homes: 5,132 (±446)
Most common range: $200,000 to $299,999

Home values in Cypress Lake

Owner-occupied homes by value, 2020–2024
Value	Cypress Lake	Lee County	Florida	United States
Less than $50,000	2.4% (±1.1 points)	4.1%	4.9%	5.3%
$50,000 to $99,999	1.2% (±0.7 points)	3.9%	4.3%	6.1%
$100,000 to $149,999	5.9% (±2.4 points)	4.0%	4.6%	6.8%
$150,000 to $199,999	18.1% (±4.0 points)	6.3%	6.8%	9.0%
$200,000 to $299,999	36.1% (±5.5 points)	18.6%	17.9%	17.8%
$300,000 to $499,999	31.6% (±4.9 points)	36.3%	34.5%	26.9%
$500,000 to $999,999	4.4% (±1.5 points)	21.0%	21.1%	20.9%
$1,000,000 or more	0.2% (±0.2 points)	5.8%	5.9%	7.1%

The most common range is $200,000 to $299,999, 36.1% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Cypress Lake against Lee County, its state and the nation

Estimate (90% margin of error)
	Cypress Lake	Lee County	Florida	United States
Median home value	$258,900 (±$16,353)	$362,200 (±$3,248)	$359,000 (±$930)	$332,700
Owner-occupied homes	5,132 (±446)	243,654 (±2,971)	5,918,647 (±31,594)	84,210,142

In Cypress Lake, the median home value is lower than in Lee County ($362,200).

It is also lower than in Florida ($359,000).

It is lower than the national figure ($332,700).

In Lee County, Cypress Lake ranks 26 of 31 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 572 of 838.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Cypress Lake have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$159,000 (±$6,169)	$258,900 (±$16,353)	+62.8%	Up after inflation
Median owner cost with a mortgage	$1,204 (±$58)	$1,596 (±$120)	+32.6%	No measurable change after inflation
Median real estate taxes	$1,210 (±$86)	$1,594 (±$136)	+31.7%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Cypress Lake

Nearest places with a published estimate, compared with Cypress Lake
Place	Distance	Median home value	Compared with this place
Cypress Lake	—	$258,900 (±$16,353)	—
McGregor	1.8 mi	$467,600 (±$42,226)	Higher
Villas	2.1 mi	$248,700 (±$19,954)	Not measurably different
Whiskey Creek	2.3 mi	$379,600 (±$23,775)	Higher
Harlem Heights	2.4 mi	$196,300 (±$66,212)	Not measurably different
Pine Manor	2.7 mi	$273,800 (±$4,407)	Not measurably different
Iona	4.1 mi	$322,800 (±$41,088)	Higher
San Carlos Park	6.6 mi	$325,000 (±$18,237)	Higher
Punta Rassa	6.9 mi	$589,800 (±$304,904)	Higher

Nearby places with a measurably higher figure: McGregor, FL ($467,600), Whiskey Creek, FL ($379,600), Iona, FL ($322,800).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Lee County, place by place

Rank	Place	Median home value
20	St. James City	$319,700 (±$64,549)
21	Olga	$315,100 (±$37,130)
22	Pine Island Center	$308,900 (±$52,173)
23	Fort Myers Shores	$292,900 (±$24,529)
24	Lehigh Acres	$292,400 (±$5,716)
25	Pine Manor	$273,800 (±$4,407)
26	Cypress Lake	$258,900 (±$16,353)
27	Villas	$248,700 (±$19,954)
28	Harlem Heights	$196,300 (±$66,212)
29	Tice	$174,800 (±$22,857)
30	North Fort Myers	$161,800 (±$16,237)
31	Suncoast Estates	$106,800 (±$22,093)

Showing 12 of 31 places in Lee County, ranked from highest to lowest.

Cypress Lake is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Cypress Lake

What is the average home value in Cypress Lake, FL?

The Census Bureau publishes the median: $258,900 (±$16,353) for owner-occupied homes in Cypress Lake (2020–2024 American Community Survey).

Have home values in Cypress Lake gone up?

In Cypress Lake, the median home value went from $159,000 in 2015–2019 to $258,900 in 2020–2024 (+62.8%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Cypress Lake sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cypress Lake CDP, Florida (place:16062, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.