Is Spring Hill, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2020
Since last year, Spring Hill has remained a Seller's Market.
Key Takeaway
Spring Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Spring Hill, FL cost?
Median Sold Price
$252,063
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2020
+$51,926(+25.9%)
Key Takeaway
Homes in Spring Hill have sold for 25.9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2020 | Dec 2021 | % |
|---|---|---|---|
| 1 Bedroom | $82.5K | $88K | +6.7% |
| 2 Bedrooms | $152.6K | $187.5K | +22.9% |
| 3 Bedrooms | $204.9K | $259.9K | +26.8% |
| 4 Bedrooms | $235.2K | $300K | +27.5% |
| 5+ Bedrooms | $260K | $363K | +39.6% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Brooksville | +30.8% |
| Hernando Beach | +29.7% |
| Spring Hill | +25.9% |
| Homosassa | +20.0% |
How many homes are available in Spring Hill, FL?
Number of Homes For Sale
| Nov 2021 | Dec 2021 | % |
|---|---|---|
| 838 | 686 | -18.1% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2021 | Dec 2021 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 162 | 134 | -17.3% |
| 3 Bedrooms | 431 | 354 | -17.9% |
| 4 Bedrooms | 205 | 165 | -19.5% |
| 5+ Bedrooms | 40 | 33 | -17.5% |
Number of Homes Sold
| Nov 2021 | Dec 2021 | % |
|---|---|---|
| 282 | 244 | -13.5% |
Asking Price vs. Sold Price
67 Homes Were Sold
Under Asking
60 Homes Were Sold
At Asking
117 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Hill, you could pay more than the asking price. 48% of homes here sold above asking price last month.
Average Sale Time
| Dec 2020 | Dec 2021 | % |
|---|---|---|
| 19 Days | 15 Days | -20.9% |
Breakdown of Home Sale Times
214 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Spring Hill are selling fast, if you're buying plan to act quickly.
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