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Palm Beach County · Cypress Lakes, FLCypress Lakes, FL property taxes. Values fell. Did your assessment?
In January 2026, the typical home in Cypress Lakes was worth about $302,000, 9.6% below the August 2024 peak of $334,000. If your assessment still reflects peak-era prices, a petition may be worth filing.
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What Cypress Lakes home values did
Cypress Lakes values peaked in August 2024 and were 9.6% lower by January 2026. In the year to January 2026, they fell 7.4%. That's weaker than Palm Beach County as a whole (-4.9%).
Values kept sliding after January: by August 2026 the typical home was 1.2% lower again, which matters for next year's notice.
| Month | Typical value | vs. a year earlier |
|---|---|---|
| January 2021 | $217,000 | +7.5% |
| January 2022 | $263,000 | +21.1% |
| January 2023 | $310,000 | +18.0% |
| January 2024 | $329,000 | +6.2% |
| January 2025 | $326,000 | -0.9% |
| January 2026 | $302,000 | -7.4% |
| August 2026 (latest) | $298,000 | -1.2% since January |
Peak since 2021: $334,000 in August 2024. January 2026 was 9.6% below it.
What to check on your notice
If your 2026 notice shows a higher value than last year, ask why. The typical Cypress Lakes home lost 7.4% over the same stretch. A higher number can still be right for a specific home, for example after a remodel, but the property appraiser should be able to explain it.
How Cypress Lakes compares nearby
Among 10 Palm Beach County places, Cypress Lakes has the 2nd largest drop from its peak and the 9th highest typical value. Statewide, its 1-year change ranks 80th of 549 Florida places, from weakest to strongest.
| Place | January 2026 | 1-year change | vs. peak |
|---|---|---|---|
| Boca Raton | $558,000 | -3.5% | -5.4% |
| West Palm Beach | $397,000 | -4.7% | -5.8% |
| Lake Worth Beach | $437,000 | -5.2% | -6.4% |
| Boynton Beach | $400,000 | -6.8% | -9.5% |
| Delray Beach | $337,000 | -6.8% | -10.8% |
| Jupiter | $690,000 | -4.1% | -6.1% |
| Palm Beach Gardens | $677,000 | -3.3% | -5.9% |
| Wellington | $646,000 | -3.9% | -6.5% |
| Greenacres | $283,000 | -8.0% | -9.5% |
| Cypress Lakes | $302,000 | -7.4% | -9.6% |
Deadline and where to file
Cypress Lakes values are set by the local property appraiser. File your VAB petition on or before the 25th day after the property appraiser mails the TRIM notice. TRIM notices go out in mid-August in most counties. Exemption, classification, and deferral disputes get 30 days.
Reading this in fall 2026? The 2026 window has closed: TRIM notices went out in mid-August and the 25-day petition deadline fell in September. A late petition is only accepted if the board finds good cause (extraordinary circumstances) before a hearing is scheduled. Your next realistic chance is 2027: values are set as of January 1, 2027, TRIM notices arrive around August 2027, and you then have 25 days from the mailing date printed on your notice. You can ask the property appraiser for an informal conference at any point, which does not replace the petition.
The Palm Beach County guide covers the full Florida petition process: forms, fees, hearing levels and what happens next.
Building a Cypress Lakes case
The numbers above describe the typical Cypress Lakes home, not yours. Cypress Lakes is part of the Miami-Fort Lauderdale-Pompano Beach metro, but your evidence should be local. Sales a few streets away usually beat sales across the metro.
- Send your evidence list and copies to the property appraiser at least 15 days before the hearing; the appraiser must send you theirs, including the property record card, by the same deadline.
Get your Cypress Lakes appeal report
Start with your address. Vulorean checks your assessment against recent comparable sales and builds a value report you can bring to your Florida petition. Eligible reports are free during launch; an account is required and local filing fees are separate.
Check my property and get a report →Vulorean was built for California first. Florida forms, deadlines and filing rules vary, so confirm them with your local office before filing. If something in your report looks wrong, email support@vulorean.com and we'll get it fixed.
Home values: Zillow Home Value Index (ZHVI), all homes, mid-tier, smoothed and seasonally adjusted, through August 2026, from Zillow Research. Rules: Florida Statutes 194.011, assessment notice and petitions, Florida Statutes 194.013, filing fees, Florida Statutes 194.032, VAB hearings timetable, Florida Statutes 194.171, circuit court deadline. Vulorean is an independent service, not a government office. Confirm dates and forms with your local office.