Cherry Elm Townhomes in St. Augustine

Cherry Elm Townhomes
Homes for Sale in St. Augustine, FL

All 1,143 homes for sale in St. Augustine, FL · median $479,990 · 162 townhomes for sale in St. Augustine · 405 homes for sale in 32092 · St. Johns County homes for sale

Community in St. Augustine · St. Johns County · ZIP 32092
145 homesBuilt 2023–2024Median sale $346K
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True comps, carrying-cost math, and listings before the portals.

Photo courtesy of WATSON REALTY CORP · via realMLS

Built fromLive realMLS data3 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, Cherry Elm Townhomes in St. Augustine, FL has 11 homes for sale and 7 pending, asking from $320,000 to $383,990 (median $361,990). Over the 12 months ending 2026-10-01, 50 recorded sales closed at a median of $345,500, $188 per square foot, a median 54 days on market, sellers accepting 96% of original asking (-3% versus the prior year). Homes listed or recently sold were built 2023–2026 with 28 new construction; 30 of 30 report an HOA (median $134/mo); none of the 30 geocoded homes sit in a FEMA special flood hazard zone (median elevation 23 ft). At the median price and St. Johns County's FY2025-26 rate of 13.47 mills, annual property tax runs about $4,650 ($4,130 with the full homestead exemption).

Part of the SilverLeaf master-planned community in St. Augustine, FL — see all SilverLeaf homes for sale (154 listings across 12 villages and sections in the MLS).

Live · Cherry Elm Townhomes Housing Pulse realMLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$346K ▼
Median sold · 12 mo
down 2.7% vs the prior 12 months
-2.7% ▼
1-yr price change
n = 50 and 61 sales in the two windows
$188/sf
Sold $/sqft · 12 mo
peak $219 in 2023
96.1%
Sale vs ask
St. Johns median: 96.0%
Tempo
11.0mo
Supply
3 to 6 months is the balanced band
55days
Median DOM · closed
26 days at the 2023 low
39%
Under contract
St. Johns: 29% (794 of 2,746)
11 · 7
For sale · pending
live counts, refreshed twice daily
50
Sold · last 12 mo
10-yr average: about 44 a year
Ownership and context
16%
Owner-occupied · Cherry Elm Townhomes
46 of 286 parcels homesteaded (FL DOR 2025)
84%
Non-owner-occupied · Cherry Elm Townhomes
incl. 43% trust or LLC-held · 7% out-of-state
145
Homes in the community
plus 141 vacant residential lots · 286 residential parcels (FL DOR 2025)
Track record · 3 years of records
69
Recorded sales · 2024-2025
median $380K · qualified sales on the county roll (FL DOR 2025)
Est. 2023
Community established
homes built 2023-2024, median 2024 (FL DOR 2025)
1,927sqft
Median sold home size
12-mo windows, closed sales
34.5%/yr
Turnover rate
about 50 of 145 homes trade a year

Homes For Sale Right Now in Cherry Elm Townhomes

Live MLS inventory for Cherry Elm Townhomes. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Cherry Elm Townhomes listings as of 2026-10-01, priced high to low. Source: Data provided by realMLS. Tap any home to ask about it.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Cherry Elm Townhomes is pricing around a $346,000 median right now, which works out to roughly $188.82 a square foot — that per-square-foot number is the figure to anchor to here since townhome finish levels vary more than the median price alone suggests. The median has moved down 7.1% year over year, which tells a seller to price to the current comps rather than last year's, and tells a buyer there is room to negotiate rather than chase.

At a 3.2-months supply reading the market here is classified balanced — not tilted hard to either side. Homes are taking just over 30 days to go under contract on a median basis, and the current read is built on 57 recent closings, which is enough volume to trust the median and the per-square-foot figure as real signals rather than noise. With 15 active listings on the market today, buyers have a real but not overwhelming set of options, and sellers aren't competing against a flood of competing units.

Cherry Elm Townhomes Housing Pulse · Momentum Research · as of October 1, 2026

Cherry Elm Townhomes right now

🟢 Buyer-leaning market. 11.0 months of supply and 39% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of realMLS records, as of October 1, 2026. Confidence: Very High (18 active and pending listings, 50 closed sales in 12 months).

🟡 Off the recent peak. The trailing-12-month median ($346K) is down 2.7% from the prior 12 months ($355K).Momentum Research, record-level realMLS closed sales, 12-month windows ending October 1. Confidence: Very High (50 and 61 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated October 2, 2026 · Live data: realMLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Cherry Elm Townhomes market snapshot (as of October 1, 2026): the median sale price is about $346K ($188 per sq ft over the trailing 12 months of closed sales), a median 55 days on market for closed sales, and 11.0 months of supply, a buyer-leaning market. The trailing-12-month median is down 3% from the prior 12 months, computed from record-level realMLS closed sales (50 closings in the current window).

In ZIP 32092 (St. Augustine), 2,483 homes closed in the last 12 months at a median of $456K ($213/sq ft), down 2.5% year over year, with a median 43 days on market. Right now 411 active and 201 pending listings put supply at about 4.0 months — a balanced market. See the live ZIP 32092 housing market and the St. Johns County market.

County records show 69 qualified sales in Cherry Elm Townhomes across 2024–2025 (63 in 2024, 6 in 2025), median $380,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Flood zones in Cherry Elm Townhomes: of 25 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary — verify any specific address at msc.fema.gov. See flood zones by neighborhood in St. Augustine.

Cherry Elm Townhomes is a community of 145 homes in St. Augustine, St. Johns County, built between 2023 and 2024 (median 2024), with a median living area of about 2,277 square feet. 16% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

A gated St. Johns County townhome community in St. Augustine built around a wide amenity package — clubhouse, pool, tennis and pickleball, a dog park, and jogging paths — with pricing that has softened over the past year into balanced-market territory.

Best for

  • A buyer targeting a purchase near the $346,000 median who wants a gated community with an extensive amenity package.
  • A buyer comfortable comparing among a modest, 15-listing active pool rather than a flooded market.
  • A seller who can price to the current $188.82-per-square-foot trend rather than last year's higher comps.

Probably not for

  • A buyer who needs a non-gated or non-HOA property with no monthly maintenance obligation.
  • A seller expecting last year's pricing given the 7.1% year-over-year decline.
  • Anyone who needs a sale finalized faster than the current 34-day median time-to-contract allows.

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending October 1 of each year, from record-level realMLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($346K) IS the median in the snapshot above, and the move from 2025 ($355K) IS the -2.7% one-year change.

Windows contain 17 to 61 sales each (50 in the current window); every figure carries its sample size. Source: Data provided by realMLS. Deemed reliable but not guaranteed.

Every sale since 2023 · price vs size
$0$200K$400K1k2k2k2k
175 closed sales; green = recent. Size sets the floor, condition and lot set the rest.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are St. Johns County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,000/mo
St. Johns County typical true cost to own
$115/mo
St. Johns County typical home insurance
No CDD
No community development district bond

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

39% of homes for sale in Cherry Elm Townhomes are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-02).

Cherry Elm at SilverLeaf Market Scorecard

Seller's market

Cherry Elm at SilverLeaf is currently a seller's market. About 2.6 months of supply, a median asking price of $361,990, and homes go under contract in about 114 days.

2.6
Months supply
$361,990
Median list
$346,000
Median sold
$187
Per sqft
114
Days on mkt
11/7/50
Active/Pend/Sold

Typical home value in the 32092 ZIP is $464,115, about 23.8% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Cherry Elm Townhomes, St. Augustine

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 14 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-10-01)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Source: Data provided by realMLS. Deemed reliable but not guaranteed.

Listing locations from realMLS. Map data © OpenStreetMap, tiles © CARTO.

Cherry Elm Townhomes

Community amenities as reported across realMLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

The takeaway

Everyday stops around Cherry Elm Townhomes are close: the nearest coffee is about 2 minutes away.

Approximate drive times via Mapbox Search + Directions, 2026-07-03. Verify for a specific address.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

Nearby Communities

Explore more neighborhoods near Cherry Elm Townhomes with Momentum Realty’s local guides.

Wgv Waterbury East St Augustine0.4 mi away · 75 homes, built 2001–24World Golf Village St Augustine0.6 mi away · median $515K, 15 sales/12 moMill Creek Pines St Augustine0.6 mi away · 38 homes, built 1986–24, 1 for saleWgv Laterra Condo St Augustine St Johns0.8 mi away · median $295K, 8 sales/12 moWards Creek St Augustine0.8 mi away · median $710K, 5 sales/12 moWgv Waterbury West St Augustine0.9 mi away · 45 homes, built 2001–21Wgv Kingsbury St Augustine0.9 mi away · 45 homes, built 2000–04

Browse all neighborhood guides →

Schools

In short
  • St. Johns County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Wards Creek ElementaryFLDOE grade A · Public K-5
  • Pacetti Bay MiddleFLDOE grade A · Public 6-8
  • Tocoi Creek HighFLDOE grade A · Public 9-12, about 4 to 5 minutes
  • New SilverLeaf K-8 (opening 2026-27) · Public K-8, Cherry Elm named in the rezoning

Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year and can change; always confirm with St. Johns County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Cherry Elm Townhomes address.

Recent Developments in Cherry Elm at SilverLeaf

Development, infrastructure, retail, and school activity affecting Cherry Elm at SilverLeaf, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Dev Momentum50/100 · Active
  1. June 2026
    Development

    Baptist Health opens first phase of SilverLeaf medical campus

    Baptist Health opened the first phase of its SilverLeaf medical campus on June 23 at 8595 St. Johns Parkway, a 58,979 square foot building about 3 miles north of International Golf Parkway. The opening phase houses primary care offices and a wellness center and provides cardiology, rehabilitation, and laboratory services, with orthopedic and neurology specialists scheduled to begin seeing patients in the fall. The campus and village sit within the same SilverLeaf master plan.

    What it may mean for the marketA hospital system campus inside the master plan may shorten routine care trips for Cherry Elm at SilverLeaf residents as specialties come online.

    Source: Jacksonville Today
  2. June 2026
    Schools

    New SilverLeaf K-8 on track to open for 2026-2027 with attendance boundary changes

    A new K-8 campus under construction on Courtney Vista Drive in the SilverLeaf area is set to open for the 2026-2027 year, designed for roughly 1,500 students and opening with kindergarten through seventh grade. Along with a companion campus in Nocatee, the openings are expected to shift attendance boundaries for nearly 2,000 students across SilverLeaf area neighborhoods. The campus and village sit within the same SilverLeaf master plan.

    What it may mean for the marketZoning for Cherry Elm at SilverLeaf could change as the new campus opens, so buyers may want to confirm current attendance boundaries with the district.

    Source: First Coast News
  3. March 2026
    Retail & Dining

    Publix opens largest Northeast Florida store at SilverLeaf Parkway

    Publix opened a 55,700 square foot store at 1975 SilverLeaf Parkway near International Golf Parkway and St. Johns Parkway, its largest location in Northeast Florida and a showcase of the chain's newest prototype. Features include a Publix Pours beer, wine, and coffee bar and an expanded deli, with an adjacent liquor store and inline retail at the center. The campus and village sit within the same SilverLeaf master plan.

    What it may mean for the marketAn anchor grocer inside the master plan may reduce everyday drive times for Cherry Elm at SilverLeaf households and support additional inline retail.

    Source: Jacksonville Daily Record
  4. June 2025
    Parks & Amenities

    St. Johns County breaks ground on $36M Silverleaf Sportsplex

    County officials held a June 20 groundbreaking for the Silverleaf Sportsplex, a roughly $36 million regional athletic complex on about 40 acres at Timberwolf Trail and County Road 16A, alongside the Shearwater Community Park project. Plans include four synthetic turf multipurpose fields, three natural grass fields, a lighted stadium field with track, playground, and concessions, with opening targeted for early 2027. The campus and village sit within the same SilverLeaf master plan.

    What it may mean for the marketA county sportsplex minutes from Cherry Elm at SilverLeaf could add recreation capacity that master planned communities have historically leaned on for resale appeal.

    Source: St. Johns County
  5. April 2025
    Builder Activity

    Taylor Morrison Birch model in Cherry Elm listed among 2025 Parade of Homes award entries

    NEFBA's 2025 Parade of Homes awards page lists the Birch model by Taylor Morrison in Cherry Elm at SilverLeaf in the 450,000 to 500,000 dollar price category. The 2025 Parade wrapped in late April, with winners publicized by builders that same week.

    What it may mean for the marketParade recognition historically raises model traffic, which could support absorption of Cherry Elm's remaining townhome inventory.

    Source: NEFBA Parade of Homes
  6. January 2024
    Market

    Taylor Morrison buys 18 townhome lots on Cherry Elm Drive

    Jacksonville Daily Record's commercial sales roundup reported that Taylor Morrison of Florida purchased an 18 unit lot package on Cherry Elm Drive in St. Augustine from Hodges Blvd Development Group. The purchase aligned with Taylor Morrison joining Dream Finders Homes as a townhome builder in the Cherry Elm village.

    What it may mean for the marketA second national builder taking down lots may broaden plan and price variety inside Cherry Elm over subsequent quarters.

    Source: Jacksonville Daily Record

Development alerts for Cherry Elm at SilverLeafGet a short monthly email when something new is approved, funded, or opens near Cherry Elm at SilverLeaf.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Cherry Elm Townhomes today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Cherry Elm Townhomes.

Best Buy
A buyer or seller comfortable transacting in a balanced, gated townhome market rather than a bidding war.
Biggest Risk
Median price is down 7.1% year over year, so sellers need to price to today, not last year.
Sweet Spot
Listings priced near the $188.82 per-square-foot median tend to move in roughly a month.
Avoid If
You need to move faster than a 34-day median time-to-contract or want a non-gated setting.

What the numbers say about Cherry Elm

The 7.1% year-over-year pullback in median price, paired with a 3.2-months supply reading, is the story of a market resetting rather than one in freefall or overheating. Balanced conditions at this months-supply level mean neither side holds obvious leverage: sellers who price near the $346,000 median and the $188.82-per-square-foot mark tend to align with what 57 recent closings actually support, and buyers making offers near those figures aren't fighting an inflated ask.

A median 34-day time-to-contract is a middle-of-the-road pace — not a bidding-war sprint, not a stale-listing crawl. With 15 active listings, inventory here is thin enough that well-priced units don't sit long, but thick enough that a buyer can compare a handful of options before committing. The gated setting and the amenity roster — pool, children's pool, playground, tennis and pickleball courts, a dog park, jogging path, and on-site restaurant, plus grounds maintenance — are HOA-maintained draws that show up in the pricing conversation but are worth confirming directly, since MLS-reported amenities and access can shift.

“

The location and the amenities are priced into every listing in Cherry Elm Townhomes. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
3.6D · Buy Score
Recent Direction5.3/10
Liquidity & Demand0.0/10
Owner Commitment1.6/10
Pricing Power7.4/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (3.6). Basis: Recent Direction -2.7% year-over-year; Liquidity & Demand 11.0 months of supply; Owner Commitment 16% owner-occupied; Pricing Power 96.1% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a balanced market like this one, the value isn't in chasing a hot listing — it's in reading the 57-closing data set correctly, pricing to the $346,000 / $188.82-per-square-foot reality instead of last year's numbers, and knowing which of the 15 active listings are priced to the current trend versus priced to hope. That's the read we bring to every Cherry Elm conversation, on either side of the transaction.

Cherry Elm Townhomes in 15 seconds.

Best forA buyer or seller comfortable transacting in a balanced, gated townhome market rather than a bidding war.
Biggest advantageA deep amenity package — pool, tennis, pickleball, dog park — under HOA maintenance.
Biggest riskMedian price is down 7.1% year over year, so sellers need to price to today, not last year.
Sweet spotListings priced near the $188.82 per-square-foot median tend to move in roughly a month.
Avoid ifYou need to move faster than a 34-day median time-to-contract or want a non-gated setting.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Cherry Elm Townhomes homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Cherry Elm Townhomes.
In short
  • No CDD
  • HOA reported ~$402/quarter
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

Page states no CDD.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cherry Elm Townhomes sales matched to your home.

What is your Cherry Elm Townhomes home worth?

Get a no-obligation home value based on real comparable sales in Cherry Elm Townhomes, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in St. Augustine →

Real comps, not an automated estimate.

Recently off market in Cherry Elm Townhomes

Homes in Cherry Elm Townhomes that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 16 on record.

Price History: What Homes Here Have Actually Sold For

Median sale prices in Cherry Elm Townhomes Homes for Sale in St year by year since 2023, from closed MLS sales. Long-run history beats any single estimate: it shows what this community has actually done through rate cycles, not what a model guesses.

Frequently Asked Questions

What is the median home price in Cherry Elm Townhomes?
The median sale price in Cherry Elm Townhomes was $346K over the 12 months ending October 1, 2026 (50 closed sales, realMLS).
How long do homes in Cherry Elm Townhomes take to sell?
Homes that closed in the 12 months ending October 1, 2026 took a median 55 days on market (50 sales, realMLS).
Is Cherry Elm Townhomes a buyer's or seller's market right now?
As of October 1, 2026, Cherry Elm Townhomes leans toward buyers: 11.0 months of supply at the current sales pace (realMLS live counts).
How many homes are in Cherry Elm Townhomes?
The Florida DOR 2025 assessment roll shows 145 homes plus 141 vacant residential lots in Cherry Elm Townhomes (public records).
What share of Cherry Elm Townhomes is owner-occupied?
16% of Cherry Elm Townhomes parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Cherry Elm Townhomes built?
Homes in Cherry Elm Townhomes were built between 2023 and 2024, with a median year built of 2024 (FL DOR 2025 roll).
What schools serve Cherry Elm Townhomes?
Cherry Elm Townhomes is served by St. Johns County Public Schools, typically Wards Creek Elementary, Pacetti Bay Middle and Tocoi Creek High. Confirm the exact zoning by address with the district.
Who is the best real estate agent for Cherry Elm Townhomes?
The best agent for Cherry Elm Townhomes is one who actively works St. Augustine and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Cherry Elm Townhomes.
How do I find a top St. Augustine real estate agent who knows Cherry Elm Townhomes?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Cherry Elm Townhomes and the wider St. Augustine area.
Can Momentum Realty connect me with an agent for Cherry Elm Townhomes?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cherry Elm Townhomes purchase or sale - no call center and no pressure.
Where is Cherry Elm Townhomes, and what county is it in?
Cherry Elm Townhomes is in St. Augustine, St. Johns County, FL, ZIP 32092. The community's center is about 11 miles northwest of the center of St. Augustine (straight-line).
How far is Cherry Elm Townhomes from downtown Jacksonville and the beach?
About 26 miles from downtown Jacksonville and about 12 miles from the Atlantic beach at South Ponte Vedra Beach, both straight-line; driving distance is usually 15 to 30 percent more.
Is Cherry Elm Townhomes in a flood zone?
No, for the homes we can see: all 25 homes we sampled in Cherry Elm Townhomes sit outside a FEMA Special Flood Hazard Area (Zone X), where a lender does not require flood insurance. Flood zones are drawn parcel by parcel, so check the exact address on FEMA's flood map before you close; the flood section on this page shows the community's mix.
Is Cherry Elm Townhomes a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Cherry Elm Townhomes: the median sale price over the last 12 months was $346K (50 sales), 22% below the St. Augustine median of $445K; homes took a median 54 days to go under contract; the assessment roll counts 145 homes, 16% of them homesteaded (owner-occupied); listings report Wards Creek Elementary (A), Pacetti Bay Middle (A), Tocoi Creek High (A) as the zoned schools, with FLDOE grades for 2025-26; supply is 11.0 months at the current sales pace, which favors buyers. The full numbers, price history and the flood and school sections are above.
A buyer targeting a purchase near the $346,000 median who wants a gated community with an extensive amenity package.Excellent fit
A buyer comfortable comparing among a modest, 15-listing active pool rather than a flooded market.Excellent fit
A seller who can price to the current $188.82-per-square-foot trend rather than last year's higher comps.Excellent fit
A buyer who needs a non-gated or non-HOA property with no monthly maintenance obligation.Probably not
A seller expecting last year's pricing given the 7.1% year-over-year decline.Probably not
Anyone who needs a sale finalized faster than the current 34-day median time-to-contract allows.Probably not

Data sources & freshness

Live listingsrealMLS, refreshed twice daily (last: October 1, 2026)
Community market statsrealMLS closed sales, 12-month windows ending October 1, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 32092))
Under-contract sharesrealMLS records, as of 2026-10-01
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2023 (175 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the realMLS member average and 8 days faster, and we’ll price yours against live local comps.

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CallFree valuation →
Thinking of selling in Cherry Elm Townhomes? 50 recorded closings; median 54 days on market (window ending 2026-10-01). See the St. Johns County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

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