Mill Creek Forest vs Shearwater
Two St. Johns communities, compared on the numbers that decide it — price, pace, and supply — from live MLS data as of 2026-11-12.
| Metric | Mill Creek Forest | Shearwater |
|---|---|---|
| Median sale price | $642K | $540K |
| Price per sq ft | $237 | $241 |
| Avg days on market | 170 days | 71 days |
| Months of supply | 2.1 mo | 37.0 mo |
| Market | Balanced Market | Buyer-Leaning Market |
| 1-year price change | -5% | False |
| Recent closings | 34 | 12 |
The verdict
Mill Creek Forest carries the higher median price — about 19% above Shearwater. Homes in Shearwater sell faster (71 days on market vs 170). Mill Creek Forest is the tighter market on inventory (2.1 months of supply).
Where each one is
| Mill Creek Forest | Shearwater | |
|---|---|---|
| County | St. Johns County, FL | St. Johns County, FL |
| City / area | St. Johns | St. Augustine |
| ZIP | 32259 | 32092, 32095, 32259 |
| FEMA flood zones (sampled parcels) | all 21 sampled homes outside a flood zone | all 52 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
| Mill Creek Forest | Shearwater | |
|---|---|---|
| Homes for sale now | 6 | 37 |
| Under contract | 5 | 14 |
| Asking prices today | $500K to $894K | $319K to $890K |
| Listed in the last 7 days | 1 | 10 |
| Property types listed | Single Family Residence | Single Family Residence, Townhouse |
Live MLS counts, refreshed with every listing pull. Browse them: Mill Creek Forest homes for sale · Shearwater homes for sale.
The homes themselves
| Mill Creek Forest | Shearwater | |
|---|---|---|
| Homes (parcels) | 97 | n/a |
| Built | 2021–2024 (median 2023) | n/a |
| Typical living area | 2,871 sq ft | n/a |
| Vacant lots | 78 | 0 |
Housing-stock figures from the Florida Department of Revenue 2025 assessment roll (public records).
Price history, year by year
| Year | Mill Creek Forest median | Shearwater median |
|---|---|---|
| 2022 | $622K (5 sales) | $513K (218 sales) |
| 2023 | $621K (26 sales) | $572K (154 sales) |
| 2024 | $660K (17 sales) | $537K (208 sales) |
| 2025 | $612K (30 sales) | $520K (203 sales) |
| 2026 | $644K (36 sales) | $498K (158 sales) |
Since 2022, Mill Creek Forest's median sale price is +3% and Shearwater's is -3% — Mill Creek Forest has appreciated faster over that stretch.
How each one trades
| Mill Creek Forest | Shearwater | |
|---|---|---|
| Sale-to-original-list | 94.3% | 97.0% |
| New-construction share of sales | 78% | 40% |
| Typical sold home | 2,678 sq ft | 2,257 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
| Mill Creek Forest | Shearwater | |
|---|---|---|
| Elementary | Cunningham Creek | not reported |
| Middle | Switzerland Point | not reported |
| High school | Bartram Trail | not reported |
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, Shearwater is the lower entry point (median $540K vs $642K). Sellers get a faster sale in Shearwater (71 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 Mill Creek Forest more expensive than Shearwater?
Yes, on recent sales: the median sale price in Mill Creek Forest is $642,000 versus $540,000 in Shearwater, about 19% higher.
Which has appreciated more, Mill Creek Forest or Shearwater?
From 2022 to 2026 the median sale price rose 3% in Mill Creek Forest and -3% in Shearwater (recorded MLS closings by calendar year).
Where do sellers get closer to asking price?
Shearwater — sellers there received 97.0% of the original list price over the last 12 months versus 94.3% in Mill Creek Forest.
Go deeper on each: Mill Creek Forest homes, photos & schools · Shearwater homes, photos & schools
Figures are aggregates from realMLS / DBAAR, updated regularly. Thinking about either? Talk to Momentum Realty.