Cypress in short: The typical home is worth about $1,070,000 as of August 2026, up 3.4% in a year, against about $1,179,000 across Orange County. About 82 homes are for sale. Homes that sell go under contract in about 16 days. Typical rent is about $3,060 a month. First-time buyers can combine county and state down payment programs.
Cypress is a West County city between the 91 and the 405 with a mostly residential feel. Its neighborhoods are largely single-family homes from the 1960s and 1970s, with newer townhome and small-lot communities added in recent years. The city is also home to Cypress College and the Los Alamitos Race Course.
Many buyers come for the schools and the central location. Cypress sits within reach of Long Beach, Anaheim and the beach cities, and its elementary district is its own, the Cypress School District.
Detached homes here trade near the county's typical value, so the usual conversation is condition and lot size. Many homes have had kitchens and baths updated, and the ones that have not often present the best value if you are ready to renovate.
Cypress housing market, August 2026
Home values in Cypress are up 3.4% from a year ago and up 12.0% over three years. Homes that sell are going under contract in about 16 days. About 27.0% of listings have had a price cut, which tells you how much room there is to negotiate. For comparison, the typical home value across Orange County is $1,179,000. At the typical rent and value, the gross rental yield is about 3.4% a year before expenses.
Sources: Zillow Research (home value and rent indexes, inventory, days to pending, price cuts) and Realtor.com Research, data through August 2026. These are market-wide figures, not an appraisal of any one home. See the Orange County market report for the county trend.
What a typical Cypress home costs to own
20% down
$7,049/month
- Down payment$214,017
- Principal and interest$5,667
- Property tax$981
- Insurance$401
Income to qualify: about $302,000 a year
10% down
$8,199/month
- Down payment$107,008
- Principal and interest$6,375
- Property tax$981
- Insurance$401
- Mortgage insurance$441
Income to qualify: about $351,000 a year
Estimates on the typical home value of $1,070,000 at the 6.95% 30-year fixed average (2026-09-17), with property tax at 1.1% and insurance at 0.45% of value a year, and income at 28% of gross for housing. HOA dues and Mello-Roos are extra where they apply. Not a loan quote. Down payment programs below can cover part of the down payment. See 20 years of mortgage rates.
Neighborhoods in Cypress
- Central Cypress1960s and 1970s single-family tracts near parks and elementary schools.
- Newer communities near Katella AvenueTownhomes and small-lot homes close to shopping and the business park.
- West CypressNeighborhoods near the 605 with quick access to Long Beach and Los Angeles County.
Schools
Most of Cypress is served by the Cypress School District for elementary grades and by Anaheim Union High School District for grades 7 to 12, which includes Cypress High School and Oxford Academy. Some addresses near the edges are served by neighboring districts. Always confirm the assigned school for a specific address with the district.
Getting around
The 91, the 605 and the 405 are all close. Katella Avenue and Valley View Street are the main local routes toward Anaheim and Long Beach.
Down payment help for Cypress buyers
Orange County Mortgage Assistance Program (MAP) Open
OC Housing and Community Development
A deferred second loan at 3% simple interest of up to $120,000 for low-income and $80,000 for moderate-income first-time buyers. The price must be at or below 85% of the county median sales price.
Orange County Mortgage Credit Certificate (MCC) Open
County of Orange, administered by National Homebuyers Fund
A federal income tax credit on part of the mortgage interest you pay, every year for the life of the loan. Income up to 115% of area median income, and it stacks with MAP and other programs.
CalHFA MyHome Assistance Program Open
California Housing Finance Agency
A deferred junior loan of up to 3% of the price toward the down payment or closing costs, paired with a CalHFA first mortgage. No monthly payment until you sell, refinance or pay off the loan.
See every program you may qualify for
Program terms from the official program pages, last checked September 2026. Income and price limits apply and funds can close without notice, so confirm current terms before you rely on them.
Cypress ZIP codes at a glance
| ZIP | Median asking price | Per sq ft | Homes for sale | Median days on market |
|---|---|---|---|---|
| 90630 | $895,000 | $577 | 50 | 45 |
Realtor.com Research listing data by ZIP code, August 2026. A ZIP code can cross city lines.
Cypress real estate questions
How much does a home cost in Cypress?
As of August 2026, the typical home value in Cypress is about $1,070,000, up 3.4% from a year earlier, according to the Zillow Home Value Index. The median asking price for homes listed that month was about $1,029,000. Condos and townhomes usually sit below the typical value and larger detached homes above it.
What is the monthly payment on a typical home in Cypress?
At the typical value of $1,070,000, with 10% down and a 6.95% 30-year fixed rate, the full monthly cost including property tax, insurance and mortgage insurance is about $8,199. Lenders would usually look for household income around $351,386. HOA dues and Mello-Roos are extra where they apply. This is an estimate, not a loan quote.
Is there down payment help for Cypress buyers?
Yes. Countywide, first-time buyers in Cypress can look at the Orange County Mortgage Assistance Program and the Orange County Mortgage Credit Certificate, and statewide at CalHFA's MyHome Assistance Program. Income and price limits apply, and the right combination depends on your situation. The finder on this site lists more than 40 programs across Southern California.
Which school districts serve Cypress?
Most of Cypress is served by the Cypress School District for elementary grades and Anaheim Union High School District for grades 7 to 12. Some addresses near the city's edges fall in neighboring districts, so confirm the assigned school with the district before you buy.
Official resources
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