Momentum Housing Data · Home Values · Lee County
Buying here? See Cherry Estates homes for sale and the Cherry Estates community guide (St James City).
Cherry Estates (St James City, FL): 21 recorded closings in the 12 months ending 2026-09-20, a 13-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 85.1% of original asking; the median sale took 61 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $340,000 | $287 | 61 | 85.1% | 21 |
| 2025 | $355,000 | $297 | 78 | 85.0% | 12 |
| 2024 | $375,000 | $341 | 44 | 93.8% | 21 |
| 2023 | $409,000 | $292 | 27 | 88.2% | 13 |
| 2022 | $400,000 | $319 | 8 | 97.7% | 28 |
| 2021 | $271,250 | $247 | 27 | 96.4% | 46 |
| 2020 | $240,500 | $204 | 65 | 93.6% | 32 |
| 2019 | $205,000 | $178 | 80 | 94.1% | 34 |
| 2018 | $197,500 | $170 | 81 | 94.6% | 23 |
| 2017 | $188,000 | $184 | 63 | 92.9% | 21 |
| 2016 | $220,000 | $178 | 75 | 93.8% | 25 |
| 2015 | $165,000 | $149 | 27 | 94.3% | 25 |
| 2014 | $144,500 | $129 | 51 | 91.1% | 10 |
Over the recorded series, Cherry Estates’s median sold price moved from $144,500 (2014) to $340,000 (12 months ending 2026-09-20) — +135% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2014 at $144,500. The 2020–22 run-up did what it did everywhere — Cherry Estates’s median moved +95% from 2019 to 2022. Against the 2023 peak of $409,000, the current median stands at -17%. Annual sales volume here has ranged from 10 to 46 closings a year (10-yr average 25.1).
Of the 46 recorded Cherry Estates closings since 2024, half landed between $286,250 and $422,700 (the middle two quartiles); the lowest recorded sale was $142,000 and the highest $648,560. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $225,000 | 6 (13%) | |
| $225,000 – $308,333 | 9 (20%) | |
| $308,333 – $391,667 | 15 (33%) | |
| $391,667 – $475,000 | 11 (24%) | |
| None and up | 5 (11%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($320 vs $285) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 494–1,080 sq ft | $320 | $285,000 | $165,000 – $430,000 | 15 |
| Mid-size homes 1,082–1,344 sq ft | $268 | $340,000 | $142,000 – $460,000 | 15 |
| Larger homes 1,357–1,826 sq ft | $285 | $426,800 | $305,000 – $648,560 | 16 |
From the live MLS feed as of 2026-10-01: 16 active listings (plus 1 pending) asking from $289,900 to $375,000, median $345,138; 9 of 16 have been on the market over 60 days (median 73 days so far); the homes listed or recently sold were built between 1972 and 2024 (median 1989); 15 of 15 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 6 ft. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current Cherry Estates listings →
At Cherry Estates’s $340,000 median and Lee County’s adopted 15.97 mills (FY2025-26), a home assessed at that price carries roughly $5,430 a year in property tax before exemptions, or about $4,760 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Lee County tax page.
Current asking prices run a median $340,275 against the $340,000 recorded sold median (+0%) — the gap between what sellers hope and what the record shows. Demand check: 17% of Cherry Estates’s listings are under contract, against 13% for ZIP 33956 and 18% for Lee County as a whole — roughly in line with its surroundings. Momentum’s market-heat index for Cherry Estates reads 32/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Asking and recorded sold prices are within a few percent of each other here, so the table above is close to what a Cherry Estates buyer will actually pay; the spread on any single home comes down to size, condition and timing.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping Cherry Estates are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| Isle Of Pines | $420,000 | $230 | 79 | 3 |
| St Jude Harbors | $550,000 | $518 | 102 | 5 |
| Trailerhaven | $445,750 | $406 | 60 | 4 |
| Gulfhaven | $612,500 | $398 | 135 | 12 |
More Cherry Estates: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.