Hillcrest Highlands
Homes for Sale in Keystone Heights, FL

This is a modest, small-footprint enclave in rural Clay County where the housing stock leans older and the real variable between one home and the next is how much updating has been done.

County records show 3 qualified sales in Hillcrest Highlands across 2024–2025 (1 in 2024, 2 in 2025), median $35,300 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

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.

Hillcrest Highlands is too small for its own price trend, so here is the market around it.

In ZIP 32656, 146 homes are on the market and 18% are under contract — a slower corner of Keystone Heights.

Across Clay County, 1,290 homes are active and 439 pending (25% 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 Hillcrest Highlands specifically. Momentum Research analysis of MLS records.

The defining trait here is scale and age. A 960-square-foot median and a build range starting in 1950 tell you to expect compact floor plans, and to underwrite each home on its own bones — roof, systems, and any renovation history — rather than assuming a neighborhood-wide standard. Two homes on the same street can tell very different stories depending on what a prior owner did or didn't do.

Because only about 44% of these homes carry a homestead exemption, you should expect a mix of long-held owner-occupied properties and homes that have cycled as rentals or investments. That mix is why we lean on qualitative diligence over headline stats: the median tells you the middle, not the range of condition you'll actually walk through.

A market this small and this condition-dependent rewards local legwork. We read each listing on its merits — updates, systems, and how it stacks against the median rather than a marketing number — and we'll tell you plainly when a home is priced for its condition and when it isn't. That candor matters more in a 37-home pocket than in a large subdivision where comps are plentiful.

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