Spring Hill, FL Foreclosures
How much do homes sell for in Spring Hill, FL?
The average home price is currently $302,643.
In Spring Hill, FL, how many homes are available?
There are currently 596 active home listings available in Spring Hill.
What’s the average rental cost in Spring Hill, FL?
The average rental price in Spring Hill is $1,203.
What is the most expensive home in Spring Hill?
The most expensive home sold in Spring Hill had a price of $8,718,879.
What is currently the cheapest priced home in Spring Hill, FL?
The cheapest home for sale in Spring Hill is priced at $15,136.
Living in Spring Hill, FL
Spring Hill is a vibrant community located in Hernando County, Florida. Known for its affordable housing, family-friendly atmosphere, and proximity to the Gulf Coast, it offers residents a relaxed lifestyle with a variety of amenities. The area boasts numerous parks, recreational activities, and a growing number of shops and restaurants, making it an ideal place for families and retirees alike.
Current Market Conditions in Spring Hill, FL
Spring Hill's real estate market is characterized by a healthy balance of supply and demand, with a growing interest from both first-time home buyers and retirees. The area has seen a steady increase in home prices over the past year, in line with the broader trends across Florida. The favorable climate, affordability, and community amenities continue to draw new residents, making it a desirable location for real estate investment and development.
The inventory of homes on the market has fluctuated but remains generally low compared to demand, leading to competitive pricing for desirable properties. With interest rates stabilizing, many prospective buyers are confident in their purchasing decisions, further reinforcing the attractiveness of Spring Hill. There has been a notable uptick in new constructions, signaling a positive outlook for future growth in the area.
Home Value Estimator For Spring Hill, FL
There are currently 49,694 real estate properties
in Spring Hill, FL,
with a median automated valuation model (AVM) price
of $292,846.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Spring Hill, FL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Spring Hill, FL,
is $302,643.00, with the most expensive house
in Spring Hill, FL, topping out
at $8,718,879.00 and the cheapest home
in Spring Hill, FL,
clocking in at $15,136.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Spring Hill, FL!
Rent Prices
In Spring Hill, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Spring Hill, FL, is on
a rollercoaster ride. The
average rent price in Spring Hill, FL,
is $1,203.00. Indeed, when looking to rent in
Spring Hill, FL, you can expect to pay as little
as $510.00 or as much
as $4,380.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in Spring Hill, FL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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