Is Spring Hill, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Spring Hill is a 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

# BEDSDec 2020Dec 2021%
1 $82.5K$88K
+6.7%
2 $152.6K$187.5K
+22.9%
3 $204.9K$259.9K
+26.8%
4 $235.2K$300K
+27.5%
5+ $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 2021Dec 2021%
838686-18.1%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 162134
-17.3%
3 431354
-17.9%
4 205165
-19.5%
5+ 4033
-17.5%

Number of Homes Sold

Nov 2021Dec 2021%
282244-13.5%

Asking Price vs. Sold Price

67 Homes Were Sold
Under Asking

60 Homes Were Sold
At Asking

117 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2020Dec 2021%
19 Days15 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Spring Hill are selling fast, if you're buying plan to act quickly.

About Spring Hill, FL

There are 686 homes are for sale in Spring Hill, FL real estate market. In December 2021 in Spring Hill, FL there were 18.1% less homes for sale than in November 2021. In December 2021 median list price was $252,063 and the average listing age was 15 days. From November 2021 through December 2021, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 6.7%, 2 bedrooms properties prices increased by 22.9%, the cost of 3 bedrooms properties went up by 26.8%, prices of 4 bedrooms properties increased by 27.5%, 5 bedrooms properties became 39.6% more expensive. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes decreased by 17.3%, 3 bedrooms homes became 17.9% less available, the quantity of 4 bedrooms homes went down by 19.5%, 5 bedrooms homes became 17.5% less available. While more than 117 listings in Spring Hill, FL in December 2021 were sold above asking price, there were more than 60 listings sold at asking price, and more than 67 were sold below.

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