Can a young Bald Cypress tree planted this past fall be transplanted to a different location in the same yard this time of year?

It should be fine to move this tree. It is doubtful that it has begun to root into its current home at this early stage. In general, you never want to move a tree when growth has started pushing out to the tips, so move it soon for best results. If you would like further assistance, please phone the office at 636-379-1830 & we will be glad to put you in touch with one of our professional arborists.