Cherry Lakes
Homes for Sale in Jacksonville, FL
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of RE/MAX SPECIALISTS · via realMLS
Cherry Lakes is a tight, newer-construction pocket in Jacksonville: about 70 homes, all built in a narrow 2019 to 2020 window, with a median living area near 2,200 square feet. When the housing stock is this uniform, price is driven less by age or vintage and more by condition, lot position, and finish level. Two homes here can differ mostly by how they have been kept, not by how old they are.
Just under 70 percent of homes carry a homestead exemption, which points to a community held largely by owner-occupants rather than short-term turnover. For a seller, that means comparables are meaningful and the pool of well-maintained homes is real. For a buyer, expect to compete for the cleanest listings and to underwrite on condition rather than hoping to find a distressed bargain in a subdivision this new and this small.
Figures in this note are as of July 12, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Cherry Lakes market snapshot (as of October 23, 2026): the median sale price is about $340K ($171 per sq ft over the trailing 12 months of closed sales), and a median 87 days on market for closed sales.
Cherry Lakes is a community of 70 homes in Jacksonville, Duval County, built between 2019 and 2020 (median 2019.0), with a median living area of about 2,200 square feet. 69% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Cherry Lakes is a compact, single-vintage community in Duval County where nearly every home came out of the same short build cycle, so the differences that matter are upkeep, layout, and lot rather than architecture or era.
The setting & the homes.
Aerial and on-site photos of Cherry Lakes. Swipe to explore the community.
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Cherry LakesPhotos from realMLS listings in Cherry Lakes; content deemed reliable but not guaranteed.
Who Cherry Lakes is best for.
Best for
- Buyers prioritizing recent construction and lower near-term maintenance
- Owner-occupant buyers planning to stay and homestead the property
- Buyers who value a predictable, comparable-driven pricing picture
Probably not for
- Buyers seeking a fixer or a below-market distressed deal
- Buyers who want a range of architectural styles and build eras
- Buyers needing to close fast in a market with limited standing inventory
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending October 23 of each year, from record-level realMLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($340K) IS the median in the snapshot above.
Windows contain 2 to 34 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
29% of homes for sale in ZIP 32218 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-20).
Cherry Lakes Market Scorecard
Cherry Lakes is currently a balanced market..
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Cherry Lakes, Jacksonville
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
Cherry Lakes on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from realMLS. Map data © OpenStreetMap contributors.
The Cherry Lakes buying strategy.
If we were buying in Cherry Lakes today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Cherry Lakes.
A small, uniform subdivision
With roughly 70 homes built in 2019 and 2020 and a median size around 2,200 square feet, Cherry Lakes reads as a coherent, modern subdivision rather than a mixed-vintage neighborhood. That uniformity cuts both ways: it makes value easier to gauge because comparables are genuinely comparable, but it also means inventory is thin and a single listing can shift the picture.
Because everything is newer, the usual major-systems questions that dominate older Jacksonville neighborhoods are less pressing here. The evaluation shifts to how each home has been maintained and what has been done to it since delivery. In a market this narrow, patience matters more than volume — the right home may not always be on the market when you are ready.
The location and the amenities are priced into every listing in Cherry Lakes. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 70-home community with limited turnover, timing and access are the whole game. We track what actually trades in Cherry Lakes, know when a listing is priced to condition versus reaching, and can move quickly when the right home surfaces. For sellers, we position against a genuinely comparable set instead of guessing.
Cherry Lakes in 15 seconds.
Tools for a Cherry Lakes buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cherry Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cherry Lakes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cherry Lakes home worth?
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Recent Developments in Cherry Lakes
Development, infrastructure, retail, and school activity affecting Cherry Lakes, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Retail & Dining
Council committee defers vote on incentives for Downtown Publix at 119 W. Beaver St.
The Finance Committee deferred a $49.65 million incentive package for Gateway Jax's $140.15 million high-rise anchored by a Publix at 119 W. Beaver St. The tower is planned with 259 apartments and about 400 parking spaces. The committee is scheduled to revisit the bill Nov. 4, the day after the Amendment 3 vote.
What it may mean for the marketThe timing of the first full-size grocery store in the Downtown core depends on the incentive vote, affecting nearby retail access. The project is about 10 miles southwest of Cherry Lakes, elsewhere in Duval County.
Source: Jacksonville Today - September 2026Infrastructure
JEA advances about $690 million in infrastructure projects including Fulton Cut transmission line raise near JAXPORT
JEA is moving forward with three water reclamation projects (Blacks Ford in northwest St. Johns County, over $220 million; near Jacksonville International Airport, about $193 million; East Arlington, just under $165 million) and the $117 million Fulton Cut transmission line clearance over the St. Johns River near Blount Island. Fulton Cut, shared with JAXPORT and the city, is expected to finish in summer 2027 and all four projects by 2030.
What it may mean for the marketRaised power lines support larger ship access to port terminals, and new reclamation capacity supports growth in surrounding areas. The site is about 7 miles southeast of Cherry Lakes.
Source: News4JAX - September 2026Development
Gateway Jax seeks more than $70 million in city incentives for Riverfront Plaza tower and Hotel Merrydelle
Gateway Jax is requesting about $55.4 million in incentives for a 17-story, roughly $271.5 million Riverfront Plaza tower with 130 to 170 hotel rooms and 50 to 150 residences on Independent Drive. It also seeks a $15 million loan for the nearly $50 million renovation of the former Ambassador Hotel at 420 Julia Street. The Downtown Investment Authority board votes Sept. 16 and City Council has the final say.
What it may mean for the marketIf approved, the projects would add hotel rooms, residences and restaurants along the Downtown riverfront. The project is about 10 miles southwest of Cherry Lakes, elsewhere in Duval County.
Source: Jacksonville Today - July 2026Development
Culinary Institute of America selects Jacksonville for Southeast campus
News4Jax reported that the Culinary Institute of America chose downtown Jacksonville for its Southeast hub, to be located at 330 E. Bay Street on the Northbank riverfront. The campus would anchor a $160.5 million hotel and convention center development. The city previously approved up to $35 million in incentives, and the Downtown Investment Authority is finalizing agreements on design and property details.
What it may mean for the marketAnchors a major downtown riverfront redevelopment that pairs an educational campus with hotel and convention space, adding institutional and commercial investment to the urban core alongside Riverfront Plaza and Pearl Square. The project is about 10 miles south of Cherry Lakes, elsewhere in Duval County.
Source: News4Jax - April 2026Development
Southeast Toyota opens $170M vehicle-processing facility at JAXPORT's Blount Island, adding 400-plus jobs
Southeast Toyota Distributors dedicated a new vehicle processing facility at JAXPORT's Blount Island Marine Terminal in April 2026. The company put the investment at $170 million and said the facility created more than 400 full-time jobs, most of them hired locally.
What it may mean for the marketA large new employment center on Blount Island adds sustained local job demand, a factor that has historically supported nearby housing absorption. The site is about 6 miles southeast of Cherry Lakes.
Source: JAXPORT - February 2026Infrastructure
JAXPORT details $250M Blount Island modernization and record cargo in 2026 State of the Ports
At its February 2026 State of the Ports address, JAXPORT outlined a $250 million modernization of Blount Island's container and vehicle-handling capabilities and reported record fiscal-2025 cargo volumes. The port also said an air-draft expansion to accommodate larger ships is on track to finish by the end of 2026.
What it may mean for the marketContinued heavy investment in the Blount Island port complex anchors long-term industrial employment on the northeast side, a structural demand driver for the surrounding area. The site is about 6 miles southeast of Cherry Lakes.
Source: News4Jax
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
What is the median home price in Cherry Lakes?
How long do homes in Cherry Lakes take to sell?
How many homes are in Cherry Lakes?
What share of Cherry Lakes is owner-occupied?
When were the homes in Cherry Lakes built?
Who is the best real estate agent for Cherry Lakes?
How do I find a top Jacksonville real estate agent who knows Cherry Lakes?
Can Momentum Realty connect me with an agent for Cherry Lakes?
Should you buy in Cherry Lakes?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Cherry Lakes with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | realMLS, refreshed twice daily (last: October 21, 2026) |
| Community market stats | realMLS closed sales, 12-month windows ending October 23, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32218)) |
| Under-contract shares | realMLS records, as of 2026-10-20 |
| Historical depth | Closed-sale records back to 2019 (94 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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