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Spring Hill, FL Real Estate & Property Data

Spring Hill Real Estate Market Trends

Last Updated: May 03, 2024

To gain insights into Spring Hill, FL’s real estate market, it is crucial to have accurate and comprehensive real estate data. ATTOM updates Spring Hill real estate data on a daily basis, providing you with the most current information. As per the latest market trends, 3,489 residential properties have been sold in Spring Hill, FL over the past year, with a median home price of $305,000. Additionally, 43.54% of homes in Spring Hill are equity rich, while 0.72% of homes are seriously underwater. There have been 38 foreclosure filings in the area year-to-date. To obtain detailed information on properties in Spring Hill, Florida, you can rely on ATTOM, your go-to source for Spring Hill property reports and real estate data.

Spring Hill Real Estate Market Trends

Get property data for any address in Spring Hill, FL or the country:

Total Residential Properties 55,032

Total Commercial Properties 1,002

Avg. Home Age (Single Family Home) 32 Years

Avg. Square Feet (Single Family Home) 1,753

Total 2024 Residential Sales (year-to-date) 668

% of Homes Seriously Underwater (Q2 2024) 0.72%

Total 2023 Residential Sales 3,223

% of Equity Rich Homes (Q2 2024) 43.54%

Effective 2023 Property Tax 0.66%

Total Foreclosure Filings (year-to-date) 81

Spring Hill, FL Real Estate Overview

Spring Hill, FL saw 3,489 residential properties being sold in the past year, with a median home value of $321,272. The city of Spring Hill has a total of 55,032 residential properties, spread across 2082 streets and 4 zip codes.

Median Sales Price i

$305,000

(Mar 2024)

-0.3%

year-over-year

y-o-y

March '24 Mar '24 $305,000
February '24 Feb '24 $310,000
January '24 Jan '24 $325,000
December '23 Dec '23 $308,000
November '23 Nov '23 $310,000
October '23 Oct '23 $310,000
September '23 Sep '23 $310,000
August '23 Aug '23 $317,500
July '23 Jul '23 $335,000
June '23 Jun '23 $320,000
May '23 May '23 $319,949
April '23 Apr '23 $297,000

Median Down Payment i

$15,000

(Mar 2024)

-65.6%

year-over-year

y-o-y

March '24 Mar '24 $15,000
February '24 Feb '24 $35,250
January '24 Jan '24 $43,800
December '23 Dec '23 $26,903
November '23 Nov '23 $31,000
October '23 Oct '23 $26,500
September '23 Sep '23 $24,021
August '23 Aug '23 $39,962
July '23 Jul '23 $40,000
June '23 Jun '23 $41,300
May '23 May '23 $31,000
April '23 Apr '23 $20,500

Number of Homes Sold i

221

(Mar 2024)

-17.2%

year-over-year

y-o-y

March '24 Mar '24 221
February '24 Feb '24 250
January '24 Jan '24 197
December '23 Dec '23 204
November '23 Nov '23 198
October '23 Oct '23 281
September '23 Sep '23 327
August '23 Aug '23 276
July '23 Jul '23 239
June '23 Jun '23 370
May '23 May '23 381
April '23 Apr '23 278

Number of Purchase Loans i

161

(Mar 2024)

-8%

year-over-year

y-o-y

March '24 Mar '24 161
February '24 Feb '24 165
January '24 Jan '24 154
December '23 Dec '23 166
November '23 Nov '23 155
October '23 Oct '23 173
September '23 Sep '23 207
August '23 Aug '23 177
July '23 Jul '23 156
June '23 Jun '23 262
May '23 May '23 252
April '23 Apr '23 175

Number of REFI Loans i

97

(Mar 2024)

+6.6%

year-over-year

y-o-y

March '24 Mar '24 97
February '24 Feb '24 137
January '24 Jan '24 115
December '23 Dec '23 102
November '23 Nov '23 95
October '23 Oct '23 147
September '23 Sep '23 137
August '23 Aug '23 117
July '23 Jul '23 97
June '23 Jun '23 158
May '23 May '23 140
April '23 Apr '23 94

Number of HELOC Loans i

48

(Mar 2024)

-5.9%

year-over-year

y-o-y

March '24 Mar '24 48
February '24 Feb '24 43
January '24 Jan '24 48
December '23 Dec '23 57
November '23 Nov '23 67
October '23 Oct '23 71
September '23 Sep '23 67
August '23 Aug '23 64
July '23 Jul '23 37
June '23 Jun '23 57
May '23 May '23 85
April '23 Apr '23 69

Spring Hill, FL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value
Zip
Median Est. Value
Zip
Median Est. Value

34606
$321,272 $183.22/sqft
34607
$489,728 $270.58/sqft
34608
$303,711 $181.69/sqft
34609
$336,409 $177.45/sqft
34610
$321,272 $183.22/sqft

Spring Hill, FL Foreclosure Activity

There were a total of 38 Spring Hill, FL properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i

38

(Mar 2024)

+322.2%

year-over-year

y-o-y

March '24 Mar '24 38
February '24 Feb '24 18
January '24 Jan '24 25
December '23 Dec '23 12
November '23 Nov '23 11
October '23 Oct '23 12
September '23 Sep '23 35
August '23 Aug '23 25
July '23 Jul '23 30
June '23 Jun '23 30
May '23 May '23 31
April '23 Apr '23 5

Foreclosure Starts i

29

(Mar 2024)

+314.3%

year-over-year

y-o-y

March '24 Mar '24 29
February '24 Feb '24 13
January '24 Jan '24 20
December '23 Dec '23 9
November '23 Nov '23 11
October '23 Oct '23 7
September '23 Sep '23 29
August '23 Aug '23 16
July '23 Jul '23 29
June '23 Jun '23 20
May '23 May '23 27
April '23 Apr '23 2

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
February '24 Feb '24 1
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 3
August '23 Aug '23 N/A
July '23 Jul '23 2
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 N/A

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