Hillcrest
Homes for Sale in Keystone Heights, FL
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-09-09, 3 recorded sales closed at a median of $137,000, $137 per square foot, a median 68 days on market, sellers accepting 88% of original asking. At the median price and Clay County's FY2025-26 rate of 15.05 mills, annual property tax runs about $2,060 ($1,470 with the full homestead exemption).
Price here is driven by condition and vintage more than anything else. With a median build year of 1982 and stock reaching all the way back to 1940 and up through 2023, the $137,000 median reflects a wide spread of ages and states of repair rather than a single product type. At a median of roughly $137 per square foot on about 1,216 living feet, you are paying for smaller, older footprints — what you get for the money depends heavily on how much work has already been done.
The market posture is patient. A median of 68 days on market — well over two months — tells sellers this is not a snap-your-fingers sale, and it tells buyers there is room to inspect, negotiate, and walk if the numbers don't work. Sellers should price to condition from day one; overreaching on an unrenovated home means sitting. Buyers have time on their side.
The 60-Second Overview
Hillcrest market snapshot (as of September 7, 2026): the median sale price is about $137K ($137 per sq ft over the trailing 12 months of closed sales), and a median 68 days on market for closed sales.
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.
Who Hillcrest is best for.
Best for
- Budget-conscious buyers targeting a smaller footprint near the $137,000 median
- Buyers willing to renovate an older home and build value through condition
- Long-hold owner-occupants comfortable in a small, slow-turnover market
Probably not for
- Buyers needing more than roughly 1,216 square feet of living space
- Investors wanting quick flips or deep, active comparable data
- Anyone who must buy or sell on a tight timeline given the 68-day median
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 7 of each year, from record-level realMLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($137K) IS the median in the snapshot above.
Windows contain 0 to 3 sales each (3 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.
20% of homes for sale in ZIP 32656 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 (2026-09-05).
The Hillcrest buying strategy.
If we were buying in Hillcrest 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 Hillcrest.
A condition-driven older market
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.
The location and the amenities are priced into every listing in Hillcrest. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
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.
Hillcrest 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 Hillcrest 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 Hillcrest sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Hillcrest, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Hillcrest home worth?
Get a no-obligation home value based on real comparable sales in Hillcrest, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Hillcrest?
How long do homes in Hillcrest take to sell?
Who is the best real estate agent for Hillcrest?
How do I find a top Keystone Heights real estate agent who knows Hillcrest?
Can Momentum Realty connect me with an agent for Hillcrest?
Should you buy in Hillcrest?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | realMLS closed sales, 12-month windows ending September 7, 2026 |
| Under-contract shares | realMLS records, as of 2026-09-05 |
| Historical depth | Closed-sale records back to 2001 (24 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.
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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.
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