Why Live in Cypress Village
Cypress Village in Irvine is a master-planned community featuring Mediterranean-inspired homes with stucco exteriors and terracotta roofs. The neighborhood includes a mix of multistory single-family homes and condos, built mostly in 2014 and 2015, organized neatly on compact lots with sidewalk-lined streets and manicured greenery. Falling within the Irvine Unified School District, Cypress Village benefits from highly rated schools, including Cypress Village Elementary, Jeffrey Trail Middle, and Irvine High, which offer a range of enrichment programs and technical education. The area is conducive to outdoor activities, with multiple parks such as the 18-acre Cypress Community Park, which features lighted sports courts and a community center, as well as Arbor Park and Floral Park, which have pools. Residents have convenient access to commercial amenities at the nearby Woodbury Town Center, home to Trader Joe’s, Ralphs Fresh Fare, and various dining options like Marble Steakhouse and Grille. Cypress Village's proximity to Interstate 5 provides easy highway access, enhancing its appeal for those needing to commute or travel. The neighborhood is noted for its affordability relative to the broader Orange County area, making it an attractive option for first-time homebuyers.
Frequently Asked Questions
Is Cypress Village a good place to live?
Cypress Village is a good place to live. Cypress Village is considered very car-dependent and bikeable with minimal transit options. Cypress Village is a suburban neighborhood. Cypress Village has 6 parks for recreational activities. It is very dense in population with 15.2 people per acre and a median age of 35. The average household income is $153,466 which is above the national average. College graduates make up 71.2% of residents. A majority of residents in Cypress Village are renters, with 64.3% of residents renting and 35.7% of residents owning their home. A
local real estate agent serving Cypress Village can help you decide if this neighborhood is the right one for you. Learn more on our
Cypress Village neighborhood guide.
How much do you need to make to afford a house in Cypress Village?
The median home price in Cypress Village is $1,598,000. If you put a 20% down payment of $319,600 and had a 30-year fixed mortgage with an interest rate of 6.17%, your estimated principal and interest payment would be $7,800 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $334K a year to afford the median home price in Cypress Village. The average household income in Cypress Village is $153K.
What are the best public schools in Cypress Village?
The best public schools that serve Cypress Village are:
What are the best private schools in Cypress Village?
The best private schools that serve Cypress Village are:
What are the most popular zip codes in Cypress Village, Irvine, CA?
What are the most popular neighborhoods near Cypress Village, Irvine, CA?
Are home prices dropping in Cypress Village?
Yes, home prices in Cypress Village are down 4% in the last 12 months.
Home Trends in Cypress Village, CA
On average, homes in Cypress Village, Irvine sell after 34 days on the market compared to the national average of 53 days. The median sale price for homes in Cypress Village, Irvine over the last 12 months is $1,568,000, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$1,568,000
Median Single Family Sale Price
$1,985,000
Median Townhouse Sale Price
$1,550,000
Median 2 Bedroom Sale Price
$1,045,000
Median 1 Bedroom Sale Price
$975,000
Average Price Per Sq Ft
$854
Number of Homes for Sale
13
Last 12 months Home Sales
53
Median List Price
$1,598,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-6%