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Housing in Cypress Landing · A strong seller's market

A typical Cypress Landing home is worth roughly $440,000

Homes typically sell in 24 days, below asking.

Typical home value
$440K
NC $289K
Estimate
Median sale price
$598K
May 2026 · Redfin
Days on market
24
Faster than NC (52)
Sale-to-list
98.5%
Homes sell below asking
Homes sold
6
in May · 11 for sale
2-bedroom rent
$990
a month, utilities in · HUD
Median tax bill
$2,745
NC $1,896

What kind of housing town is Cypress Landing?

Read from the numbers below. The page puts what stands out first.

★ What stands out · The homes

100% of Cypress Landing households own their home

Half of Cypress Landing’s homes were built before 2004.

Owners and renters
Own 100%

North Carolina: 67% own.

2004
typical home built · NC 1991
$2,745
median property tax bill · NC $1,896
0.62%
of a home’s value, a year in tax · NC 0.66%
5%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Market temperature

A strong seller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Seller’s marketA strong seller's marketBuyer’sSeller’s

Under ~4 months of supply favors sellers; over ~6 favors buyers.

1.8
months of supply · NC 3.9
24
days to sell · NC 52
98.5%
of asking price, at sale
16.7%
sold above asking
66.7%
under contract within 2 weeks
9
new listings in May

Redfin Data Center, all residential sales, May 2026.

Affordability

A typical home costs 5.3 years of income

More than across North Carolina (4 years). Try your own numbers below.

You could afford about
$340,000
Typical Cypress Landing home $440K

That’s $100K short of a typical Cypress Landing home.

The typical home, each month
$2,540
Loan $2,180Tax $230Insurance $130

A two-bedroom rents for about $990 a month here, $1,550 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Cypress Landing’s typical property tax (0.62% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $990

Fair Market Rent a month, utilities included

Studio$800
1 bedroom$800
2 bedrooms$990
3 bedrooms$1,340
4 bedrooms$1,660
0%
of households rent · NC 33%
14%
of the median income, for a two-bedroom

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Greenville, NC MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Cypress Landing buyers, sellers and renters are saying.

Town Square →
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The data says Cypress Landing is a strong seller's market. Is that what you’re seeing?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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