Balanced Market · 69/100as of June 14, 2026
Here is where the Shearwater market stands this month, with the latest verified development news and the Momentum score, all in one place.
Market snapshot
Median sale price by year
Shearwater is currently a balanced market, with a median sold price around $482K. Right now homes are taking about 28 days to sell, and there is roughly 3.1 months of supply. Prices are down about 8% over the past year, though values remain up about 64% since 2016. Listings are currently asking about 4% more per square foot than recent sales have closed at, which can leave room to negotiate.
Source: realMLS listing and sales data, as of June 14, 2026.
Development Momentum
Shearwater has a Development Momentum score of 74 out of 100 (High), based on 7 verified development items in the last 12 months. It measures the velocity of approved, funded, and opening projects nearby, and is distinct from market price. How this is scored.
What is happening near Shearwater
- April 30, 2026County marks completion of CR 210 roadway improvements. St. Johns County announced completion of its County Road 210 improvement program between I-95 and U.S. 1, celebrated with an April 24 ribbon cutting. The roughly $18.7 million effort widened a 0.7 mile stretch from two lanes to six, added sidewalks, curbing and drainage upgrades, and installed a new traffic signal at Badger Park Drive. News4Jax
- April 7, 2026County seeks input on CR 210 and St. Johns Parkway intersection changes. St. Johns County opened a public input process on proposed traffic-flow changes at the intersection of CR 210 and CR 2209, also known as St. Johns Parkway, including possible turn restrictions. An open house and formal presentation were scheduled for April 9 at the Shearwater Kayak Clubroom. News4Jax
- October 28, 2025New segment of County Road 2209 opens. St. Johns County opened a roughly $41 million, four-lane divided segment of County Road 2209 connecting Silverleaf Parkway to International Golf Parkway. The segment is part of a planned 7.7 mile corridor intended to eventually run from CR 210 south to State Road 16. Jacksonville Daily Record
- October 10, 2025Intersection upgrades advancing near Trout Creek Academy. St. Johns County moved forward on a roughly $1.8 million project at CR 16A and Timberwolf Trail near Trout Creek Academy, the K-8 campus inside Shearwater. Plans include new turn lanes on both roads and a potential pedestrian path for students, with design and permitting targeted for year end and construction to follow. News4Jax
- September 1, 2025Trout Creek Academy drop-off congestion draws attention. News4Jax reported on morning drop-off backups at Trout Creek Academy inside Shearwater, where vehicle queues near the school entrance slowed commuting residents at the start of the school year. The coverage highlighted circulation challenges as enrollment at the K-8 campus grows. News4Jax
See the full Northeast Florida roundup →
Market figures are computed from current realMLS listing and sales data and update as the market moves. Development items are verified, dated, and source-linked. This briefing is general information, not financial or investment advice. Every home and situation is different, so talk to a licensed agent about yours.
