Cherry Elm at SilverLeaf vs Heritage Landing
Two St. Johns communities, compared on the numbers that decide it — price, pace, and supply — from live MLS data as of 2026-11-08.
| Metric | Cherry Elm at SilverLeaf | Heritage Landing |
|---|---|---|
| Median sale price | $346K | $510K |
| Price per sq ft | $180 | $190 |
| Avg days on market | 113 days | 103 days |
| Months of supply | 2.0 mo | 3.9 mo |
| Market | Seller's Market | Balanced Market |
| 1-year price change | -8% | -2% |
| Recent closings | 49 | 28 |
The verdict
Heritage Landing carries the higher median price — about 47% above Cherry Elm at SilverLeaf. Homes in Heritage Landing sell faster (103 days on market vs 113). Cherry Elm at SilverLeaf is the tighter market on inventory (2.0 months of supply).
Where each one is
Cherry Elm at SilverLeaf and Heritage Landing are about 2 miles apart (straight-line, center to center) and share St. Johns County.
| Cherry Elm at SilverLeaf | Heritage Landing | |
|---|---|---|
| County | St. Johns County, FL | St. Johns County, FL |
| City / area | St. Augustine | St. Augustine |
| ZIP | 32092 | 32092 |
| Straight-line to downtown Jacksonville | 26 mi | 27 mi |
| Nearest Atlantic beach | 12 mi, South Ponte Vedra Beach | 14 mi, South Ponte Vedra Beach |
| FEMA flood zones (sampled parcels) | all 24 sampled homes outside a flood zone | all 19 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
| Cherry Elm at SilverLeaf | Heritage Landing | |
|---|---|---|
| Homes for sale now | 8 | 9 |
| Under contract | 9 | 2 |
| Asking prices today | $350K to $384K | $390K to $759K |
| Listed in the last 7 days | 8 | 0 |
| Property types listed | Townhouse | Single Family Residence |
Live MLS counts, refreshed with every listing pull. Browse them: Cherry Elm at SilverLeaf homes for sale · Heritage Landing homes for sale.
The homes themselves
| Cherry Elm at SilverLeaf | Heritage Landing | |
|---|---|---|
| Homes (parcels) | 145 | 131 |
| Built | 2023–2024 (median 2024) | 2004–2013 (median 2006) |
| Typical living area | 2,277 sq ft | 3,189 sq ft |
| Homesteaded (owner-occupied) share | 16% | 70% |
| Vacant lots | 141 | 0 |
Housing-stock figures from the Florida Department of Revenue 2025 assessment roll (public records).
Price history, year by year
| Year | Cherry Elm at SilverLeaf median | Heritage Landing median |
|---|---|---|
| 2023 | $385K (23 sales) | $440K (35 sales) |
| 2024 | $380K (47 sales) | $439K (34 sales) |
| 2025 | $350K (57 sales) | $425K (56 sales) |
| 2026 | $346K (49 sales) | $430K (29 sales) |
Since 2023, Cherry Elm at SilverLeaf's median sale price is -10% and Heritage Landing's is -2% — Heritage Landing has appreciated faster over that stretch.
How each one trades
| Cherry Elm at SilverLeaf | Heritage Landing | |
|---|---|---|
| Sale-to-original-list | 96.1% | 96.5% |
| New-construction share of sales | 100% | 0% |
| Typical sold home | 1,927 sq ft | 2,311 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
| Cherry Elm at SilverLeaf | Heritage Landing | |
|---|---|---|
| Elementary | Magnolia Oaks Academy | Wards Creek |
| Middle | Magnolia Oaks Academy | Pacetti Bay |
| High school | Tocoi Creek | Tocoi Creek |
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, Cherry Elm at SilverLeaf is the lower entry point (median $346K vs $510K). Buyers who want newer construction (fewer near-term roof, HVAC and re-plumb items, and easier insurance quotes in Florida) will find it in Cherry Elm at SilverLeaf; Heritage Landing trades that for a more established street and, typically, larger lots. Sellers get a faster sale in Heritage Landing (103 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 Heritage Landing more expensive than Cherry Elm at SilverLeaf?
Yes, on recent sales: the median sale price in Heritage Landing is $510,000 versus $346,000 in Cherry Elm at SilverLeaf, about 47% higher.
How far apart are Cherry Elm at SilverLeaf and Heritage Landing?
About 2 miles straight-line, center to center, both in St. Johns County; driving distance is usually 15 to 30 percent more.
Which has newer homes, Cherry Elm at SilverLeaf or Heritage Landing?
Cherry Elm at SilverLeaf: its homes were built 2023–2024 with a median year of 2024, versus a median of 2006 in Heritage Landing (Florida DOR assessment roll).
Which has bigger homes?
Heritage Landing. The typical home there is 3,189 sq ft of living area, versus 2,277 sq ft in Cherry Elm at SilverLeaf.
Which has appreciated more, Cherry Elm at SilverLeaf or Heritage Landing?
From 2023 to 2026 the median sale price rose -10% in Cherry Elm at SilverLeaf and -2% in Heritage Landing (recorded MLS closings by calendar year).
What high schools serve Cherry Elm at SilverLeaf and Heritage Landing?
Listings in Cherry Elm at SilverLeaf most often report Tocoi Creek; listings in Heritage Landing report Tocoi Creek. Zoning is set by the district and can change - verify by address.
Go deeper on each: Cherry Elm at SilverLeaf homes, photos & schools · Heritage Landing homes, photos & schools
Figures are aggregates from realMLS / DBAAR, updated regularly. Thinking about either? Talk to Momentum Realty.