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 2021
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
$304,927
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
+$61,954(+25.5%)
Key Takeaway
Homes in Spring Hill have sold for 25.5% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2021 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | $88K | $102.5K | +16.5% |
| 2 Bedrooms | $179.3K | $235K | +31.1% |
| 3 Bedrooms | $254.9K | $320K | +25.5% |
| 4 Bedrooms | $299.9K | $362.4K | +20.8% |
| 5+ Bedrooms | $359.4K | $428.9K | +19.3% |
Median Sold Price Compared To Nearby Cities
| Brooksville | $220K | $309.3K | +40.6% |
| Spring Hill | $242.9K | $304.9K | +25.5% |
| Homosassa | $274.9K | $342.3K | +24.5% |
| Hernando Beach | $339.6K | $389.6K | +14.7% |
How many homes are available in Spring Hill, FL?
Number of Homes For Sale
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 1,637 | 1,608 | -1.8% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 317 | 318 | 0.3% |
| 3 Bedrooms | 813 | 797 | -2.0% |
| 4 Bedrooms | 456 | 452 | -0.9% |
| 5+ Bedrooms | 48 | 37 | -22.9% |
Number of Homes Sold
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 311 | 291 | -6.4% |
Asking Price vs. Sold Price
171 Homes Were Sold
Under Asking
80 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Hill, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.
Average Sale Time
| Dec 2021 | Dec 2022 | % |
|---|---|---|
| 14 Days | 36 Days | +148.3% |
Breakdown of Home Sale Times
173 Homes Were Sold
Under 30 Days
82 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Spring Hill are selling fast, if you're buying plan to act quickly.
Copyright 2023 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
All listings featuring the RAPB+GFLR logo are provided by Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2023 Realtors® of the Palm Beaches and Greater Fort Lauderdale Multiple Listing Service, Inc.
Copyright © 2023 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Brevard Multiple Listing Service. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
© 2023 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.