Spring Hill, FL Home Values & Market Trends

Real estate market trends reflect that there have been 3,106 transactions over the past year in Spring Hill. The median value for residential home transactions that occurred over the previous year is $316,068.25. The number of current listings in Spring Hill is 445, and the percentage of properties for sale in the city is 445.00%. Spring Hill, FL currently has 368 properties in foreclosure, 4 bank owned properties, 14 properties headed for auction, and 445 properties for sale.

Spring Hill, FL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
34609

$ 360,000

$ 188/sqft

34608

$ 325,000

$ 191/sqft

34609

$ 360,000

$ 188/sqft

34607

$ 599,450

$ 354/sqft

34606

$ 323,809

$ 197/sqft

34607

$ 599,450

$ 354/sqft

34606

$ 323,809

$ 197/sqft

34610

$ 405,131

$ 216/sqft

34608

$ 325,000

$ 191/sqft

34610

$ 405,131

$ 216/sqft

Housing Market Summary for Spring Hill, FL

Apr 2023March 2024Change
Median Listing Price$340K$315K-7.35%
Median Sold Price$314K$315K0.32%
Homes For Sale34342724.49%
Homes Sold1,4871,73316.54%
Price
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Homes For Sale
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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, FL

Spring Hill home values range from $22,208 to $11,659,162. The median estimated value of a home in Spring Hill is $316,068.25. The median list price of a home is 335,000, and the total count of properties in the city is 51,102.

Foreclosure
There are 10 zips within Spring Hill, FL; within these zips, the median estimated home value for homes in foreclosure ranges from $1,278,650 in 34610 to the lowest value of $105,385 in 34610. Foreclosure homes account for 0.00% of properties in Spring Hill, FL with 34609 containing 136 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.68% of all residential properties in Spring Hill, FL with 34609 containing 129 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 10 zips within Spring Hill, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $662,296 in 34607 to the lowest home value of $105,385 in 34610.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Spring Hill, FL ranges from the highest value of $454,788 in 34606 to the lowest value of $289,900 in 34609. Bank owned homes and properties account for 0.01% of properties in Spring Hill, FL. There are 10 zips within Spring Hill, FL; 34609 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    34606 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Spring Hill, FL. Auction homes and other auction properties account for 0.03% of all properties in Spring Hill, FL. There are 10 zips within Spring Hill, FL; of those zips, the median estimated home value for homes going to auction ranges from $327,616 in 34607 to the lowest value of $233,777 in 34607.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.87% of residential properties in Spring Hill, FL with 34609 containing 150 homes for sale, the highest number of listed properties in a single zip. There are 10 zips within Spring Hill, FL; homes for sale in those zips, have a range of median values from $8,393,310 in 34607 to the lowest value of $51,174 in 34610.
    Sold Homes
    The median value for recently sold homes ranges from $1,863,251 in 34607 to the lowest price of $28,603 in 34607. There are 10 zips within Spring Hill, FL. 34609 has 570 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.24% of properties in Spring Hill, FL.

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      Guide for Spring Hill, FL

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      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.