Spring Hill, TN Home Values & Market Trends

Real estate market trends reflect that there have been 1,289 transactions over the past year in Spring Hill. The median value for residential home transactions that occurred over the previous year is $479,240.03. The number of current listings in Spring Hill is 63, and the percentage of properties for sale in the city is 63.00%. Spring Hill, TN currently has 7 properties in foreclosure, 0 bank owned properties, 7 properties headed for auction, and 63 properties for sale.

Spring Hill, TN Real Estate Market Overview

ZipMedian Est. Value
37174

$ 527,270

$ 223/sqft

Housing Market Summary for Spring Hill, TN

Apr 2023March 2024Change
Median Listing Price$455K$526.3K15.67%
Median Sold Price$489.6K$526.3K7.49%
Homes For Sale7156-21.13%
Homes Sold41355434.14%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Spring Hill, TN

Spring Hill home values range from $50,899 to $17,104,196. The median estimated value of a home in Spring Hill is $479,240.03. The median list price of a home is 443,900, and the total count of properties in the city is 18,477.

Foreclosure
There is 1 zips within Spring Hill, TN; within this zips, the median estimated home value for homes in foreclosure ranges from $648,706 in 37174 to the lowest value of $219,359 in 37174. Foreclosure homes account for 0.00% of properties in Spring Hill, TN with 37174 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Spring Hill, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Spring Hill, TN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Spring Hill, TN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Spring Hill, TN. There is 1 zips within Spring Hill, TN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    37174 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Spring Hill, TN. Auction homes and other auction properties account for 0.04% of all properties in Spring Hill, TN. There is 1 zips within Spring Hill, TN; of that zips, the median estimated home value for homes going to auction ranges from $648,706 in 37174 to the lowest value of $219,359 in 37174.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.34% of residential properties in Spring Hill, TN with 37174 containing 63 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Spring Hill, TN; homes for sale in that zips, have a range of median values from $1,018,730 in 37174 to the lowest value of $197,409 in 37174.
    Sold Homes
    The median value for recently sold homes ranges from $8,660,200 in 37174 to the lowest price of $191,017 in 37174. There is 1 zips within Spring Hill, TN. 37174 has 613 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.32% of properties in Spring Hill, TN.

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      Guide for Spring Hill, TN

      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
      Tennessee Foreclosure Laws
      See More Articles
      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 2024

      The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.

      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Tennessee Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Tennessee Foreclosure Laws

      Recently Listed Homes Spring Hill, TN

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