Santa Rosa Beach · Community Market Report
Cypress Dunes
Every number a buyer, seller, or investor needs on one community: live inventory and closed-sale history - refreshed monthly from MLS data.
Inventory updated daily · Sale statistics updated September 27, 2026 · Next statistics update early October 2026
How Cypress Dunes is trading
11 homes closed in Cypress Dunes in the trailing 12 months at a median of $1,340,000, with a 94.6% median list-to-sale ratio. On the active side, 7 of 10 listings sit below original list price, and standing inventory works out to 10.9 months of supply at the current sales pace.
Read a Cypress Dunes number by asking where in the plat it sits and whether it includes a house at all. The plat carries finished homes and lots that have never been built on, so a quarter's median mostly reports which of those two traded rather than any move in value. Position sorts the rest. Lots along the southern and western rim answer to permanent state land; interior lots answer to their neighbors; the northern edge faces a parcel that is partly this community's own second phase and partly still open, under a county land use category that would have to be amended before anything at the scale the state's plan records there could go up. That second phase matters to the number as well as to the view, because these figures span two phases holding two separately named owners associations, so a quarter weighted toward the newer addresses reports a different product under the same name. Height matters more than footprint, because the water sits behind a third of a mile of preserve, so a taller house on an ordinary lot can see more than a larger one nearer the boundary. Nothing here fronts the sand, so gulf-front comparisons drawn from elsewhere on the corridor will mislead every time. A patient buyer waits for the rim.
Year-over-year figures compare the 12 complete calendar months from September 2025 through August 2026 with the 12 before them. That window can differ from the trailing totals above, which run day-precise through September 27, 2026 rather than by whole calendar months.
| Period | Value |
|---|---|
| 2021 | $936K |
| 2022 | $1.38M |
| 2023 | $1.33M |
| 2024 | $1.28M |
| 2025 | $1.26M |
| 2026 YTD | $1.34M |
| Period | Value |
|---|---|
| 2021 | $490 |
| 2022 | $550 |
| 2023 | $575 |
| 2024 | $556 |
| 2025 | $542 |
| 2026 YTD | $546 |
| Period | Value |
|---|---|
| Sep 24 | 1 |
| Oct 24 | 2 |
| Nov 24 | 1 |
| Dec 24 | 2 |
| Jan 25 | 1 |
| Feb 25 | 0 |
| Mar 25 | 1 |
| Apr 25 | 1 |
| May 25 | 0 |
| Jun 25 | 0 |
| Jul 25 | 0 |
| Aug 25 | 1 |
| Sep 25 | 0 |
| Oct 25 | 0 |
| Nov 25 | 0 |
| Dec 25 | 0 |
| Jan 26 | 4 |
| Feb 26 | 0 |
| Mar 26 | 0 |
| Apr 26 | 0 |
| May 26 | 3 |
| Jun 26 | 1 |
| Jul 26 | 1 |
| Aug 26 | 2 |
| Period | Value |
|---|---|
| Sep 24 | Sample too small |
| Oct 24 | Sample too small |
| Nov 24 | Sample too small |
| Dec 24 | Sample too small |
| Jan 25 | Sample too small |
| Feb 25 | No data |
| Mar 25 | Sample too small |
| Apr 25 | Sample too small |
| May 25 | No data |
| Jun 25 | No data |
| Jul 25 | No data |
| Aug 25 | Sample too small |
| Sep 25 | No data |
| Oct 25 | No data |
| Nov 25 | No data |
| Dec 25 | No data |
| Jan 26 | $1.18M |
| Feb 26 | No data |
| Mar 26 | No data |
| Apr 26 | No data |
| May 26 | $1.2M |
| Jun 26 | Sample too small |
| Jul 26 | Sample too small |
| Aug 26 | Sample too small |
The monthly charts cover the 24 complete calendar months from September 2024 through August 2026, and a month with no closings is a zero bar rather than a gap. Their last 12 months are the window the year-over-year figures compare.
Based on information from ECAR for the period September 28, 2021 through September 27, 2026.
From the active file
10 homes are on the market in Cypress Dunes today - a sample of the current file:
$999,000
111 Cypress Walk
Santa Rosa Beach, FL 32459
$995,000
30 Cypress Ridge
Santa Rosa Beach, FL 32459
$1,195,000
72 Cypress Ridge
Santa Rosa Beach, FL 32459
$1,609,000
Lot 10 Cypress Drive
Santa Rosa Beach, FL 32459
$1,280,000
99 Cypress Passage Psge
Santa Rosa Beach, FL 32459
$1,198,000
388 Cypress Drive
Santa Rosa Beach, FL 32459
The short-term rental badge above is not a permission of record. It reflects the MLS short-term-rental field where a listing discloses one, and otherwise where the home sits. Confirm the association's current rules and the local registration requirement before relying on it.
The investor file
| Typical acquisition (median, 12 mo) | $1,340,000 |
|---|---|
| Middle-half range (25th-75th pct, 20 sales / 24 mo) | $1,023,000 - $1,581,250 |
| Median price, 2021 to 2026 | +43.2% ($935,759 to $1,340,000) |
| Average sale price (12 mo) | $1,359,000 |
| Sales volume, trailing 12 months | $14,949,000 |
| Sale price range, trailing 12 months | $725,000 - $1,965,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 3 BR | 5 | 5 | $1,200,000 |
| 4 BR | 4 | 3 | $1,199,000 |
| 5 BR | 1 | 3 | $1,950,000 |
Based on information from ECAR for the period September 28, 2021 through September 27, 2026.
Rental rules on the MLS today: 10 of 10 active listings disclose“Short Term Rental - Allowed”. Always verify current rules with the association or county before purchasing with rental income in mind.
Reading this file
Where do these numbers come from?
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty and refreshed on a 30-day cycle. Based on information from ECAR for the period September 28, 2021 through September 27, 2026.
Why is there no list of individual sold homes?
11 homes closed in Cypress Dunes in the trailing 12 months, from $725,000 to $1,965,000. MLS rules do not allow individual sold listings to be displayed publicly, so this page shows area-level statistics only - ask us for the street-by-street sold review and we'll walk you through it.
How are thin samples handled?
Any figure computed from fewer than three sales is withheld rather than published - a one-sale “median” is just that sale's price. Counts always show; prices earn their way onto the page.
Thinking about buying or selling in Cypress Dunes?
We track this community's sales, inventory, and rules every month - get the full picture before you commit.
- MLS market data (ECAR) - updated September 27, 2026
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty.
Market statistics on this page are provided for informational purposes only. Information is deemed reliable but not guaranteed, and figures are not a guarantee of future market performance. These figures are not tax, legal, or investment advice; consult the appropriate licensed professional before making a financial decision. Data as of September 27, 2026.
Sources
- Topsail Hill Preserve State Park, Florida State Parks (accessed August 21, 2026)
- Topsail Hill Preserve State Park Unit Management Plan, advisory group draft, August 2019, Florida Department of Environmental Protection (accessed August 21, 2026)
- Florida State Park Boundaries, Topsail Hill Preserve record, Florida Department of Environmental Protection open data (accessed August 21, 2026)
- Walton County EnerGov GIS, Zoning layer, north parcel (accessed August 23, 2026)
- Walton County GIS, Address Verification Points, Cypress Dunes Phase II (accessed August 23, 2026)
- Florida Department of Revenue statewide cadastral, Cypress Dunes common parcels (accessed August 23, 2026)
- Public comments on the 2019 Topsail Hill Preserve State Park plan, Florida Department of Environmental Protection (accessed August 21, 2026)
- Office of Short-Term Vacation Rental Registration frequently asked questions, Walton County (accessed August 21, 2026)
- Beach Access Selection Chart, Walton County (accessed August 21, 2026)
- Walton County GIS, public beach access feature service (accessed August 23, 2026)