32656 (Keystone Heights)
Housing Market & Home Values
Median sale price $269,900, down 10.3% year over year, with homes going under contract in about 64 days, 46 homes on the market.
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Housing Market Analyst
Inventory sits at 7.7 months of supply — heavy by the 3-to-6-month balanced benchmark, and 10% of listed homes are already under contract. Prices are down 10.3% versus the prior year, but sellers are still collecting 93.7% of asking. Taken together, the data leans toward buyers — leverage is real for those ready to use it.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors buyers.
- Prices — heavy supply keeps the pressure on sellers; softening is the path of least resistance.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 10% of inventory sits under contract.
- Mortgage sensitivity — at 3.9× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here gradually.
Derived from current 32656 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where 32656 is hot — and where it isn't
Each dot is a community (24 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on 32656 (Keystone Heights)
The median sale price across 32656 currently stands at $269,900, down 10.3% from a year ago. Buyers are paying a median of $184 per square foot. The typical home goes under contract in about 64 days. Sellers are capturing 93.7% of their original asking price on average.
There are 46 active listings on the market, with 7 more already under contract. At the current sales pace that works out to 7.7 months of supply — a buyer-leaning market by the standard six-month benchmark. 95 homes closed here over the trailing 12 months.
Zillow's home value index for Clay County stands at $335,274. About 30% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 32656 is 32 of 100 — soft market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of October 26, 2026.
32656 since 2015 — and where it’s heading
A median home here sold for $80,808 in 2015 and $312,464 over the last recorded year — 287% appreciation across 11 years of recorded sales.
Median sale price · 2015–2026 (525 recorded sales)
Home value trend · Clay County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Clay County (MLS)
Median price · daily recalculation
What’s driving 32656
Top inbound states: CA, VA, NY, NC. Movers arriving report ~$65,179 average income. Source: IRS SOI county-to-county migration, 2022-2023
606 Citizens policies in force in Clay County — the state-backed insurer of last resort. Budget insurance into any Clay purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
1,240 single-family · 282 multi-family · 6.8 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
The most crowded shelf in the market. Sellers here are competing hardest — which means overpaying in this band is the most avoidable mistake in 32656 right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
Buyers: ask for concessions — rate buydowns and repair credits are back on the table. Sellers: presentation and the first two weekends decide your outcome; price accordingly.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Clay
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 32656 ← this page | $270K | 46 | 32 | |
| 32068 | $300K | 272 | 50 | Open → |
| 32043 | $331K | 271 | 48 | Open → |
| 32073 | $310K | 192 | 55 | Open → |
| 32065 | $339K | 159 | 51 | Open → |
| 32003 | $470K | 87 | 58 | Open → |
Neighborhoods on the move
| South ShoresJacksonville | $389K | ▲ -2% |
| Florida FrontierKeystone Heights | $260K | ▲ -4% |
| Highridge EstatesKeystone Heights | $115K | ▲ -30% |
| Highridge EstatesKeystone Heights | $115K | ▼ 30% |
| Florida FrontierKeystone Heights | $260K | ▼ 4% |
| South ShoresJacksonville | $389K | ▼ 2% |
| Big Tree LakesKeystone Heights | $270K | 15 |
| Highridge EstatesKeystone Heights | $115K | 10 |
| Keystone HeightsKeystone Heights | $322K | 7 |
| Lakeview HighlandsKeystone Heights | $284K | 6 |
| Silver Sands EstatesKeystone Heights | $238K | 2 |
| South ShoresJacksonville | $389K | 14 days |
| Florida FrontierKeystone Heights | $260K | 16 days |
| Big Tree LakesKeystone Heights | $270K | 50 days |
| BrightwaterKeystone Heights | $306K | 62 days |
| Highridge EstatesKeystone Heights | $115K | 236 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 32656 right now?
The data says conditions currently favor buyers in 32656 — the Momentum Score reads 32/100 with 7.7 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 32656 becoming more affordable?
Yes, modestly — the median sale price in 32656 is $269,900, down 10.3% versus the prior year, while sellers still capture 93.7% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in 32656?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Highridge Estates (-30%); Florida Frontier (-4%); South Shores (-2%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 32656 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are South Shores (14 days); Florida Frontier (16 days); Big Tree Lakes (50 days) — homes there go under contract well ahead of the market-wide pace of 64 days.
32656 (Keystone Heights) housing market FAQ
How is the housing market in 32656 right now?
As of October 26, 2026, the 32656 housing market favors buyers: the median sale price is $269,900 (down 10.3% year over year), 46 homes are for sale against 95 sales in the last 12 months, which is 7.7 months of supply, and the typical home goes under contract in about 64 days.
How much is a house in 32656?
The median home sold for $269,900 in 32656 over the last 12 months, about $184 per square foot; asking prices on the 46 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in 32656?
By the numbers, sellers in 32656 are getting 93.7% of asking price and going under contract in about 64 days with 7.7 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the 32656 housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: 32656 median sale prices are down 10.3% year over year, inventory stands at 7.7 months of supply, and 10% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in 32656?
The median sale price in 32656 is currently $269,900, down 10.3% from a year ago, based on MLS sales data updated October 26, 2026.
Is 32656 a buyer's or seller's market right now?
The data currently favors buyers. 32656 scores 32 of 100 on the Momentum Score, with 7.7 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 32656?
The typical home in 32656 goes under contract in about 64 days, per current MLS data.
How many homes are for sale in 32656?
There are approximately 46 active listings in 32656 as of October 26, 2026.
Are home prices in 32656 rising or falling?
Median sale prices are down 10.3% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 32656 (Keystone Heights). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: October 26, 2026 at 10:07 AM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.
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