Bannon Lakes vs Cordova Palms
Two St. Johns communities, compared on the numbers that decide it — price, pace, and supply — from live MLS data as of 2026-10-15.
| Metric | Bannon Lakes | Cordova Palms |
|---|---|---|
| Median sale price | $442K | $420K |
| Price per sq ft | $224 | $191 |
| Avg days on market | 69 days | 62 days |
| Months of supply | 2.7 mo | 19.0 mo |
| Market | Seller's Market | Buyer-Leaning Market |
| 1-year price change | -8% | +1% |
| Recent closings | 67 | 12 |
The verdict
Bannon Lakes carries the higher median price — about 5% above Cordova Palms. Homes in Cordova Palms sell faster (62 days on market vs 69). Bannon Lakes is the tighter market on inventory (2.7 months of supply).
Where each one is
Bannon Lakes and Cordova Palms are about 4 miles apart (straight-line, center to center) and share St. Johns County.
| Bannon Lakes | Cordova Palms | |
|---|---|---|
| County | St. Johns County, FL | St. Johns County, FL |
| City / area | St. Augustine | St. Augustine |
| ZIP | 32095 | 32095 |
| Straight-line to downtown Jacksonville | 26 mi | 29 mi |
| Nearest Atlantic beach | 9 mi, South Ponte Vedra Beach | 5 mi, South Ponte Vedra Beach |
| FEMA flood zones (sampled parcels) | all 33 sampled homes outside a flood zone | all 10 sampled homes outside a flood zone |
Distances are straight-line; driving distance is usually 15 to 30 percent more. Flood-zone shares come from FEMA flood maps matched to sampled parcels; always check the exact address before you close.
What is for sale today
| Bannon Lakes | Cordova Palms | |
|---|---|---|
| Homes for sale now | 15 | 19 |
| Under contract | 10 | 12 |
| Asking prices today | $360K to $899K | $400K to $500K |
| Listed in the last 7 days | 5 | 15 |
| Property types listed | Single Family Residence | Single Family Residence |
Live MLS counts, refreshed with every listing pull. Browse them: Bannon Lakes homes for sale · Cordova Palms homes for sale.
The homes themselves
| Bannon Lakes | Cordova Palms | |
|---|---|---|
| Homes (parcels) | 337 | 48 |
| Built | 2017–2024 (median 2021) | 2024–2024 (median 2024) |
| Typical living area | 2,269 sq ft | 2,463 sq ft |
| Homesteaded (owner-occupied) share | 48% | 56% |
| Vacant lots | 173 | 0 |
Housing-stock figures from the Florida Department of Revenue 2025 assessment roll (public records).
Price history, year by year
| Year | Bannon Lakes median | Cordova Palms median |
|---|---|---|
| 2023 | $475K (61 sales) | $455K (49 sales) |
| 2024 | $511K (54 sales) | $425K (132 sales) |
| 2025 | $474K (51 sales) | $425K (100 sales) |
| 2026 | $448K (68 sales) | $420K (91 sales) |
Since 2023, Bannon Lakes's median sale price is -6% and Cordova Palms's is -8% — Bannon Lakes has appreciated faster over that stretch.
How each one trades
| Bannon Lakes | Cordova Palms | |
|---|---|---|
| Sale-to-original-list | 97.3% | 96.0% |
| New-construction share of sales | 54% | 91% |
| Typical sold home | 2,101 sq ft | 2,201 sq ft |
Last 12 months of recorded closings; sale-to-original-list is the share of the first asking price sellers actually got.
Schools the listings are zoned for
| Bannon Lakes | Cordova Palms | |
|---|---|---|
| Elementary | Mill Creek Academy | Crookshank |
| Middle | Mill Creek Academy | Sebastian |
| High school | Tocoi Creek | St. Augustine |
The school most often recorded on each community's MLS listings. Always confirm a specific address with the district.
Which one fits
On budget alone, Cordova Palms is the lower entry point (median $420K vs $442K). Buyers who want newer construction (fewer near-term roof, HVAC and re-plumb items, and easier insurance quotes in Florida) will find it in Cordova Palms; Bannon Lakes trades that for a more established street and, typically, larger lots. Sellers get a faster sale in Cordova Palms (62 days on market on average); buyers get more negotiating room where homes sit longer.
Neither number set decides it: drive both on a weekday evening, check the HOA documents and the flood zone for the exact street, and price the insurance before you write an offer. A Momentum agent who works both communities can pull the comparable sales for any two specific homes.
Questions people ask
Is Bannon Lakes more expensive than Cordova Palms?
Yes, on recent sales: the median sale price in Bannon Lakes is $442,000 versus $420,000 in Cordova Palms, about 5% higher.
How far apart are Bannon Lakes and Cordova Palms?
About 4 miles straight-line, center to center, both in St. Johns County; driving distance is usually 15 to 30 percent more.
Which has newer homes, Bannon Lakes or Cordova Palms?
Cordova Palms: its homes were built 2024–2024 with a median year of 2024, versus a median of 2021 in Bannon Lakes (Florida DOR assessment roll).
Which has bigger homes?
Cordova Palms. The typical home there is 2,463 sq ft of living area, versus 2,269 sq ft in Bannon Lakes.
Which has appreciated more, Bannon Lakes or Cordova Palms?
From 2023 to 2026 the median sale price rose -6% in Bannon Lakes and -8% in Cordova Palms (recorded MLS closings by calendar year).
Where do sellers get closer to asking price?
Bannon Lakes — sellers there received 97.3% of the original list price over the last 12 months versus 96.0% in Cordova Palms.
What high schools serve Bannon Lakes and Cordova Palms?
Listings in Bannon Lakes most often report Tocoi Creek; listings in Cordova Palms report St. Augustine. Zoning is set by the district and can change - verify by address.
Go deeper on each: Bannon Lakes homes, photos & schools · Cordova Palms homes, photos & schools
Figures are aggregates from realMLS / DBAAR, updated regularly. Thinking about either? Talk to Momentum Realty.