Florida Housing Data · ZIP Scorecard

Spring Hill, FL (34606) housing scorecard.

Name: Spring Hill, FL (34606) Housing Market Scorecard
Creator: Momentum Realty

Home value, rent, cap rate, 5-year growth, price versus incomes and our 0 to 100 Momentum Market Score for ZIP 34606, free, from Zillow, Realtor.com and Census data.

Sources: Zillow, Realtor.com, U.S. Census, Freddie Mac/FRED. Score by Momentum Realty (methodology).

Updated 2026-08-01

Momentum Market Score

Buyer value

Spring Hill, FL (34606) is leaning to the buyer on price and leverage.

At about 5.0 times the local median income, prices sit close to the Florida norm. Gross rent yield is around 7.5%. Values are up roughly 5.5% a year over the last five years. Owning the typical home at today's 6.52% 30-year rate takes about 30.4% of a median income in principal and interest, the affordability squeeze in one number. About 32.5% of listings have cut their price.

$273,712

Home value

1yr -3.5%

5.5%

5yr growth/yr

ZHVI CAGR

$1,710

Median rent

monthly (ZORI)

7.5%

Cap rate

gross yield

5.0x

Price to income

value vs incomes

-0.0%

Over/undervalued

vs FL norm

30.4%

Affordability

income to own/yr

Days on market

median (Realtor)

32.5%

Price cuts

share of listings

$54,730

Median income

household (Census)

28,155

Population

Census ACS

New listings

last month

Typical home value, last 13 months

What drives the score

Cheapness vs income49

Price-cut leverage91

Inventory growth60

Affordability49

Rent yield68

Each bar ranks this ZIP against every other Florida ZIP (0 = lowest, 100 = highest) on that input, then weighted into the score. Full methodology.

Hernando County scorecard All Florida counties

Common questions

Is Spring Hill, FL (34606) a buyer's or seller's market?

By the Momentum Market Score, Spring Hill, FL (34606) reads buyer value (63 out of 100), meaning it is leaning to the buyer on price and leverage. The score blends value versus incomes, price cuts, inventory growth, affordability and rent yield.

What is the typical home value in Spring Hill?

About $273,712 (Zillow Home Value Index, 2026-08-01), up roughly 5.5% a year over five years.

Where does this data come from?

Zillow Research (home value, rent), Realtor.com (days on market, listings), U.S. Census (income, population), Freddie Mac via FRED (rate). Score and derived metrics by Momentum Realty, methodology here.

Data: Zillow Research, Realtor.com, U.S. Census Bureau ACS, and Freddie Mac 30-Year Fixed Rate Mortgage Average [MORTGAGE30US] via FRED. Score by Momentum Realty.

Housing distress & ownership in ZIP 34606

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress

1.19%

2 of 168 listings · short sale 2

Months of supply

3.7

seller’s market · active inventory ÷ sales pace (trailing 12 mo)

Out-of-state owners

11.8%

mailing address outside FL

Non-homestead

41.6%

not owner-occupied (investor/2nd-home proxy)

Median just value

$226,161

14,985 parcels

Median owner tenure

1 yrs

years since the home last sold (county tax roll)

Owners at 2× their price

3.1%

today’s just value is at least double the last sale price

Median closed sale price — $280,125 · ▼ 4.7% yr (12-mo rolling)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

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