Hillcrest
Homes for Sale in Keystone Heights, FL

Hillcrest is a small, older Keystone Heights pocket in Clay County where compact homes and a long build history mean pricing tracks condition closely. With just 72 homes, inventory and comparable sales are thin, so each listing carries more weight than it would in a larger community.

realMLS (Northeast Florida) sales records identify 9 homes in Hillcrest that have changed hands since 2001, built between 1964 and 2007 (median 1987), with a median living area of about 1,188 sq ft and a typical 3-bedroom, 2-bath layout. Source: realMLS (Northeast Florida) closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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

In ZIP 32656, 143 homes are on the market and 18% are under contract — a steady corner of Keystone Heights.

Across Clay County, 1,279 homes are active and 403 pending (24% under contract).

In ZIP 32656 (Keystone Heights), 157 homes closed in the last 12 months at a median of $270K ($156/sq ft), down 3.4% year over year, with a median 42 days on market. Right now 44 active and 10 pending listings put supply at about 3.4 months — a balanced market. See the live ZIP 32656 housing market and the Clay County market.

ZIP and county figures describe the wider market, not Hillcrest specifically. Momentum Research analysis of MLS records.

The defining fact of Hillcrest is age range: homes span from 1940 to 2023, with the median landing at 1982. That breadth is unusual and it matters. A buyer touring here will see everything from mid-century cottages to recent construction, and the $137,000 median blends all of it. Two homes at similar prices can be very different animals depending on roof, systems, and updates — this is a market that rewards a careful inspection and punishes assumptions.

Homestead share sits at roughly 63%, meaning most of these homes are owner-occupied rather than turned over as rentals. Combined with only 72 homes total and a three-closing sales window, that points to a small, slow-moving market where good comparables are scarce. Value here is established property by property, not by a tidy price band.

A thin market with a wide vintage spread is exactly where local read matters. When there are only a handful of recent closings and homes range from 1940 to 2023, generic pricing tools fall short. We value on condition and true comparables, and we will tell you plainly when a listing is priced for a renovation it hasn't had.