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Cypress Lakes, FL Real Estate


According to census data in the year 2000 there were 938 housing units in Cypress Lakes. This represents a 4.7% growth from 896 in 1990.

Of those housing units, 938 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Cypress Lakes is about 99%. Cypress Lakes's vacancy rate, including seasonal lodging, is about 11.9%. Average household size is 1.67 people.

The majority of houses, apartments or condos in Cypress Lakes were built after 1987.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom5.20%
Two Bedrooms88.20%
Three Bedrooms3.50%
Four Bedrooms2.70%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size1.66
Median year structure was built1987
Median Value of occupied units$96,800
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1985

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.30%
Home Equity Loan2.30%
Simple Mortgage28%
Debt Free68.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.9%