Deerwood Hills
Homes for Sale in Keystone Heights, FL
All 94 homes for sale in Keystone Heights, FL · median $275,000 · 118 homes for sale in 32656 · Clay County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of October 2026, the MLS records 3 closed sales in Deerwood Hills in Keystone Heights, FL since 2015, the most recent in July 2019. Across Keystone Heights as a whole, 102 homes closed in the last 12 months at a median of $272,450, 41 median days on market, with 45 homes for sale today. At that median and Clay County's FY2025-26 rate of 15.05 mills, annual property tax runs about $4,100 ($3,510 with the full homestead exemption).
Deerwood Hills sits in Keystone Heights, out in the western reach of Clay County where the pace and the setting are rural rather than suburban. We don't have a current price read for this snapshot, so I'll be straight about that: what sets value here is less a headline number and more the condition, acreage, and setup of the individual property. Two homes on the same road can trade very differently based on lot, well and septic condition, and how much work the structure needs.
For buyers, that means this is a market you underwrite property by property, not by comp shorthand. For sellers, it means presentation and condition do a lot of the pricing work — a well-maintained home with clean systems justifies its ask, while deferred maintenance gets penalized quickly. Come in with patience on both sides; the Keystone Heights area rewards buyers and sellers who do the homework.
Nearby homes for sale
No active listings inside Deerwood Hills right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Deerwood Hills is a Keystone Heights community in the rural western portion of Clay County, where the appeal is space and setting rather than proximity to Jacksonville's job cores or dense retail.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Deerwood Hills is best for.
Best for
- Buyers prioritizing land and privacy over proximity to job centers
- Buyers willing to do full due diligence on well, septic, and property condition
- Buyers comfortable underwriting a home on its own merits rather than by neighborhood comps
Probably not for
- Buyers who need a short commute to Jacksonville or Orange Park employment
- Buyers wanting walkable retail, dining, and services nearby
- Buyers seeking a uniform subdivision with predictable, comp-driven pricing
The market around Deerwood Hills
Deerwood Hills is too small for its own price trend, so here is the market around it.
In ZIP 32656, 148 homes are on the market and 19% are under contract — a steady corner of Keystone Heights.
Across Clay County, 1,285 homes are active and 469 pending (27% under contract).
In ZIP 32656 (Keystone Heights), 319 homes closed in the last 12 months at a median of $330K ($191/sq ft), down 5.0% year over year, with a median 43 days on market. Right now 81 active and 21 pending listings put supply at about 21.2 months — a buyer's market. See the live ZIP 32656 housing market and the Clay County market.
ZIP and county figures describe the wider market, not Deerwood Hills specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Deerwood Hills, Keystone Heights
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.
Recent Developments in Deerwood Hills
Development, infrastructure, retail, and school activity affecting Deerwood Hills, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- June 2026Builder Activity
Hyland Trail to bring over 3,000 homes to Lake Asbury in Clay County
News4Jax reported that Hyland Trail, along with the related Edenbrooke and The Glens communities, will bring more than 3,000 new homes to the Lake Asbury area of Clay County. Homes are being built by Dream Finders, Pulte and Lennar, with a Lodge amenity center featuring a beach-entry pool, splash zone, exercise facility and pickleball courts. Edenbrooke includes an age-restricted, low-maintenance home section.
What it may mean for the marketAdds a large volume of new single-family housing supply and a private amenity center to the Lake Asbury area, expanding for-sale inventory across a range of home sizes and price points. The project is about 15 miles north of Deerwood Hills, elsewhere in Clay County.
Source: News4Jax - June 2026Infrastructure
First Coast Expressway advances as an economic-development corridor across Clay and St. Johns
The First Coast Expressway (State Road 23), a tolled beltway looping around the west and south of the Jacksonville metro, continued to open land for development along its corridor, with the final St. Johns County phase from Interstate 95 to east of County Road 2209 in progress. FDOT held a St. Johns County open house on the final phase in January 2026.
What it may mean for the marketNew limited-access highway capacity shortens commutes and opens adjacent land, changes that have historically shaped where new communities and demand concentrate. The site is about 14 miles north of Deerwood Hills.
Source: Jax Daily Record
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.
The Deerwood Hills buying strategy.
If we were buying in Deerwood Hills 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 Deerwood Hills.
Keystone Heights on its own terms
Keystone Heights is genuinely rural Clay County, and that shapes everything about owning here. Distances are longer, commutes into the Orange Park and Jacksonville job centers are real, and daily errands run on a small-town rhythm. That trade — space and quiet for convenience — is the whole decision.
Because this is a lower-density area, the housing stock tends toward varied lots and independent utilities rather than uniform subdivisions. That puts a premium on due diligence: well and septic, land condition, access, and how each home has been maintained matter more than any neighborhood average. Buy the specific property, not the map pin.
The location and the amenities are priced into every listing in Deerwood Hills. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Rural Clay County pricing lives in the details — condition, land, and systems — and that's exactly where a local brokerage earns its keep. We'll walk the property with you, flag what a lender or inspector will care about in Keystone Heights, and tell you plainly when a listing doesn't fit what you're after.
Deerwood Hills in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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.
Tools for a Deerwood Hills 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 Deerwood Hills sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Deerwood Hills, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Deerwood Hills home worth?
Get a no-obligation home value based on real comparable sales in Deerwood Hills, 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 all homes for sale in Keystone Heights →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Clay County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Clay County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Frequently Asked Questions
How many homes are in Deerwood Hills?
What share of Deerwood Hills is owner-occupied?
When were the homes in Deerwood Hills built?
Who is the best real estate agent for Deerwood Hills?
How do I find a top Keystone Heights real estate agent who knows Deerwood Hills?
Can Momentum Realty connect me with an agent for Deerwood Hills?
Where is Deerwood Hills, and what county is it in?
How far is Deerwood Hills from downtown Jacksonville and the beach?
Should you buy in Deerwood Hills?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32656)) |
| Under-contract shares | realMLS records, as of 2026-09-24 |
| Historical depth | Closed-sale records back to 2015 (3 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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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Deerwood Hills fits the bigger picture — live prices, inventory, and Momentum Scores:
Schools serving nearby communities
We do not have a confirmed school assignment for Deerwood Hills. These are the public schools most often assigned to other communities in ZIP 32656; zones change and vary by address, so confirm with the district before you buy.
- Keystone Heights Elementary School · PreK-5 · FLDOE grade C (assigned to 13 nearby communities)
- Keystone Heights Junior/Senior High School · 6-12 · FLDOE grade B (assigned to 13 nearby communities)
- Keystone Heights Junior/Senior High School or your address-zoned middle school · Middle (assigned to 6 nearby communities)
- Keystone Heights Junior/Senior High · junior/senior high · FLDOE grade B (assigned to 3 nearby communities)
- Keystone Heights Elementary · elementary · FLDOE grade C (assigned to 2 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).
Nearby Communities
Explore more neighborhoods near Deerwood Hills with Momentum Realty’s local guides.