Morgans Cove in St. Augustine

Morgans Cove
Homes for Sale in St. Augustine, FL

Community in St. Augustine · St. Johns County · ZIP 32084
206 homesBuilt 2022–2023Median sale $338K
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Photo courtesy of WATSON REALTY CORP · via realMLS

Built fromLive realMLS data4 years of closingsFL DOR public recordsUpdated twice daily
Live · Morgans Cove Housing Pulse realMLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$338K
Median sold · 12 mo
down 11.4% vs the prior 12 months
-11.4%
1-yr price change
n = 8 and 8 sales in the two windows
$198/sf
Sold $/sqft · 12 mo
peak $225 in 2024
98.1%
Sale vs ask
Tempo
13.5mo
Supply
3 to 6 months is the balanced band
27days
Median DOM · closed
1 days at the 2022 low
10%
Under contract
St. Johns: 30% (829 of 2,759)
9 · 1
For sale · pending
live counts, refreshed twice daily
8
Sold · last 12 mo
10-yr average: about 51 a year
Ownership and context
61%
Owner-occupied · Morgans Cove
125 of 206 parcels homesteaded (FL DOR 2025)
39%
Non-owner-occupied · Morgans Cove
incl. 18% trust or LLC-held · 20% out-of-state
206
Homes in the community
206 residential parcels (FL DOR 2025)
Track record · 4 years of records
10
Recorded sales · 2024-2025
median $359K · qualified sales on the county roll (FL DOR 2025)
Est. 2022
Community established
homes built 2022-2023, median 2022 (FL DOR 2025)
1,705sqft
Median sold home size
12-mo windows, closed sales
3.9%/yr
Turnover rate
about 8 of 206 homes trade a year

Homes For Sale Right Now in Morgans Cove

Live MLS inventory for Morgans Cove. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Morgans Cove listings as of 2026-09-21, priced high to low. Source: Data provided by realMLS. Tap any home to ask about it.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Morgans Cove is pricing at a $340,000 median right now, working out to roughly $197.65 per square foot — and that per-square-foot number is doing a lot of the explaining. With only 9 active listings and 9 closings in the tracked window, this is a thin market where a single well-priced or overpriced listing can swing the median from one month to the next. The 5.3% year-over-year pullback in price is consistent with a market that has softened from where it was a year ago, not one in freefall.

At 12 months of supply, this sits well past the line that separates a balanced market from one that favors buyers, and the median 29 days on market backs that up — homes are not sitting for months, but they are not moving in a week either. For a seller, that combination means pricing at or slightly under market from day one matters more than it would in a tighter market. For a buyer, it means there is room to negotiate on price and terms without the pressure of competing offers.

Morgans Cove Housing Pulse · Momentum Research · as of September 20, 2026

Morgans Cove right now

🟢 Buyer-leaning market. 13.5 months of supply and 10% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of realMLS records, as of September 20, 2026. Confidence: High (10 active and pending listings, 8 closed sales in 12 months).

🔴 Off the recent peak. The trailing-12-month median ($338K) is down 11.4% from the prior 12 months ($382K).Momentum Research, record-level realMLS closed sales, 12-month windows ending September 20. Confidence: Medium (8 and 8 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 20, 2026 · Live data: realMLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Morgans Cove market snapshot (as of September 20, 2026): the median sale price is about $338K ($198 per sq ft over the trailing 12 months of closed sales), a median 27 days on market for closed sales, and 13.5 months of supply, a buyer-leaning market. The trailing-12-month median is down 11% from the prior 12 months, computed from record-level realMLS closed sales (8 closings in the current window).

Morgans Cove is a community of 206 homes in St. Augustine, St. Johns County, built between 2022 and 2023 (median 2022), with a median living area of about 2,055 square feet. 61% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

A small, low-volume pocket of the St. Augustine, St. Johns County market where pricing is set community by community rather than by broad neighborhood trend, given how few homes trade here in any given window.

Best for

  • Buyers who want negotiating leverage and are not in a rush to close.
  • Sellers with flexible timelines who can price patiently in a 12-months-of-supply market.
  • Buyers targeting a purchase near the $340,000 median who are comfortable with a thin comp set.

Probably not for

  • Sellers who need a fast sale at a premium price in a buyer-leaning market.
  • Buyers who want a large pool of active listings to compare before deciding.
  • Anyone relying on month-to-month price trend data in a community this low-volume.

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending September 20 of each year, from record-level realMLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($338K) IS the median in the snapshot above, and the move from 2025 ($382K) IS the -11.4% one-year change.

Windows contain 8 to 160 sales each (8 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.

Every sale since 2022 · price vs size
$0$200K$400K2k2k2k3k
256 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
How much local inventory is already under contract

20% of homes for sale in ZIP 32084 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 (2026-09-20).

Morgans Cove Market Scorecard

Buyer-leaning

Morgans Cove is currently a buyer-leaning market. About 13.5 months of supply, a median asking price of $364,500, and homes go under contract in about 111 days.

13.5
Months supply
$364,500
Median list
$338,500
Median sold
$218
List $/sqft
111
Days on mkt
8/2/8
Active/Pend/Sold

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.

Listing locations from realMLS. Map data © OpenStreetMap, tiles © CARTO.

Morgans Cove

Community amenities as reported across realMLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

The takeaway

Everyday stops around Morgans Cove are close: the nearest parks is about 4 minutes away.

Approximate drive times via Mapbox Search + Directions, 2026-07-03. Verify for a specific address.

Schools

In short
  • St. Johns County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Ketterlinus Elementary SchoolFLDOE grade A · PreK-5
  • Sebastian Middle SchoolFLDOE grade A · 6-8
  • St. Augustine High SchoolFLDOE grade A · 9-12

Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year and can change; always confirm with St. Johns County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Morgans Cove address.

If we were buying in Morgans Cove today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Morgans Cove.

Best Buy
Buyers and sellers comfortable with a low-volume, thin-inventory community where each listing moves the numbers.
Biggest Risk
With only 9 closings in the window, any single sale can swing the median price or days-on-market figures.
Sweet Spot
A median 29 days on market means priced-right listings still move at a reasonable pace, just without urgency.
Avoid If
Skip this community if you need fast, high-volume comps to validate a pricing decision — the sample here is too small for that.

Reading a thin market correctly

With active supply and recent closings both sitting at 9, Morgans Cove does not generate enough monthly transaction volume to support the kind of trend lines you would trust in a larger community. The median price and the $197.65 per-square-foot figure are real and current as of this snapshot, but they should be read as a single data point in a small sample rather than a stable baseline — condition, lot, and finish differences between the handful of homes that trade can move both numbers meaningfully from one closing to the next.

The 12-months-of-supply figure is the clearest signal here: at the current pace of sales, it would take a full year to work through what is currently listed if no new inventory came on. Paired with a 5.3% year-over-year decline in median price and a median 29 days on market, the data points toward a buyer-leaning posture — sellers who need to move on a normal timeline should expect to negotiate, and buyers have more latitude to ask for concessions or hold out for the right unit.

The location and the amenities are priced into every listing in Morgans Cove. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.5C- · Buy Score
Recent Direction3.1/10
Liquidity & Demand0.0/10
Owner Commitment6.1/10
Pricing Power8.7/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (4.5). Basis: Recent Direction -11.4% year-over-year; Liquidity & Demand 13.5 months of supply; Owner Commitment 61% owner-occupied; Pricing Power 98.1% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a community this thin — 9 active listings, 9 closings in the window — the general market data only tells part of the story, and pricing off a stale comp or a generic trend line is an easy way to misprice a home in either direction. We track this feed directly, watch what actually closes in Morgans Cove rather than St. Augustine broadly, and build valuations and offer strategy off the current, verified snapshot rather than a rounded-off average.

Morgans Cove in 15 seconds.

Best forBuyers and sellers comfortable with a low-volume, thin-inventory community where each listing moves the numbers.
Biggest advantageAt 12 months of supply, buyers currently have real negotiating room on price and terms.
Biggest riskWith only 9 closings in the window, any single sale can swing the median price or days-on-market figures.
Sweet spotA median 29 days on market means priced-right listings still move at a reasonable pace, just without urgency.
Avoid ifSkip this community if you need fast, high-volume comps to validate a pricing decision — the sample here is too small for that.

HOA, CDD & Fees

In short
  • No CDD
  • HOA reported ~$375/year
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

Page states no CDD.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Morgans Cove sales matched to your home.

What is your Morgans Cove home worth?

Get a no-obligation home value based on real comparable sales in Morgans Cove, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Morgans Cove on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Morgans Cove?
The median sale price in Morgans Cove was $338K over the 12 months ending September 20, 2026 (8 closed sales, realMLS).
How long do homes in Morgans Cove take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 27 days on market (8 sales, realMLS).
Is Morgans Cove a buyer's or seller's market right now?
As of September 20, 2026, Morgans Cove leans toward buyers: 13.5 months of supply at the current sales pace (realMLS live counts).
How many homes are in Morgans Cove?
The Florida DOR 2025 assessment roll shows 206 homes in Morgans Cove (public records).
What share of Morgans Cove is owner-occupied?
61% of Morgans Cove parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Morgans Cove built?
Homes in Morgans Cove were built between 2022 and 2023, with a median year built of 2022 (FL DOR 2025 roll).
What schools serve Morgans Cove?
Morgans Cove is served by St. Johns County Public Schools, typically Ketterlinus Elementary School, Sebastian Middle School and St. Augustine High School. Confirm the exact zoning by address with the district.
Who is the best real estate agent for Morgans Cove?
The best agent for Morgans Cove is one who actively works St. Augustine and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Morgans Cove.
How do I find a top St. Augustine real estate agent who knows Morgans Cove?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Morgans Cove and the wider St. Augustine area.
Can Momentum Realty connect me with an agent for Morgans Cove?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Morgans Cove purchase or sale - no call center and no pressure.
Buyers who want negotiating leverage and are not in a rush to close.Excellent fit
Sellers with flexible timelines who can price patiently in a 12-months-of-supply market.Excellent fit
Buyers targeting a purchase near the $340,000 median who are comfortable with a thin comp set.Excellent fit
Sellers who need a fast sale at a premium price in a buyer-leaning market.Probably not
Buyers who want a large pool of active listings to compare before deciding.Probably not
Anyone relying on month-to-month price trend data in a community this low-volume.Probably not

Nearby Communities

Explore more neighborhoods near Morgans Cove with Momentum Realty’s local guides.

St John River Heights St Augustine0.8 mi awayPLPrairie Lakes St Augustine1.3 mi away · median $614K, 4 sales/12 moVenndale Acres St Augustine1.5 mi away · 67 homes, built 1930–23DADeerwood Acres St Augustine1.6 mi away · median $575K, 3 sales/12 moTrestle Bay St Augustine1.8 mi away · 83 homes, built 1973–24, 1 for saleSeasons At Morada St Augustine1.8 mi away · median $411K, 19 sales/12 moSt Augustine Lakes St Augustine1.9 mi away · median $395K, 41 sales/12 mo

Browse all neighborhood guides →

Data sources & freshness

Live listingsrealMLS, refreshed twice daily (last: September 21, 2026)
Community market statsrealMLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (3 streets, ZIP 32084))
Under-contract sharesrealMLS records, as of 2026-09-20
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2022 (256 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.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the realMLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in Morgans Cove? 8 recorded closings; median 27 days on market (window ending 2026-09-20). See the St. Johns County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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