Spring Hill
Housing Market
Median sale price $299,900, down 1.3% year over year, with homes going under contract in about 46 days, 760 homes on the market.
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Housing Market Analyst
Inventory sits at 3.4 months of supply — balanced by the 3-to-6-month balanced benchmark, and 31% of listed homes are already under contract. Prices are down 1.3% versus the prior year, but sellers are still collecting 95.6% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors sellers.
- Prices — more likely to stabilize than fall sharply. Supply remains below balanced levels even as prices soften; without a meaningful inventory build, further declines tend to be shallow.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Negotiating power — sellers hold the leverage while 31% of inventory sits under contract.
- Mortgage sensitivity — at 4.8× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current Spring Hill data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where Spring Hill is hot — and where it isn't
Each dot is a community (128 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on Spring Hill
The median sale price across Spring Hill currently stands at $299,900, down 1.3% from a year ago. Buyers are paying a median of $190 per square foot. The typical home goes under contract in about 46 days. Sellers are capturing 95.6% of their original asking price on average.
There are 760 active listings on the market, with 116 more already under contract. At the current sales pace that works out to 3.4 months of supply — a seller-leaning market by the standard six-month benchmark. 788 homes closed here over the trailing 12 months.
Zillow's home value index for Hernando County stands at $306,116. About 31% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for Spring Hill is 62 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of October 26, 2026.
Spring Hill since 2012 — and where it’s heading
A median home here sold for $78,788 in 2012 and $323,272 over the last recorded year — 310% appreciation across 14 years of recorded sales. Cash buyers took 39% of recent sales, down from a 42% peak.
Median sale price · 2012–2026 (18,804 recorded sales)
Days on market by year
Cash buyers · share of sales
Home value trend · Hernando County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Hernando County (MLS)
Median price · daily recalculation
What’s driving Spring Hill
Top inbound states: NY, CA, NJ, IL. Movers arriving report ~$61,429 average income. Source: IRS SOI county-to-county migration, 2022-2023
4,534 Citizens policies in force in Hernando County — the state-backed insurer of last resort. Budget insurance into any Hernando purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
1,734 single-family · 241 multi-family · 9.8 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
The most crowded shelf in the market. Sellers here are competing hardest — which means overpaying in this band is the most avoidable mistake in Spring Hill right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
How it stacks up across Hernando County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Spring Hill ← this page | $300K | 200 | 62 | |
| Weeki Wachee | $375K | 289 | 52 | Open → |
| Brooksville | $300K | 219 | 47 | Open → |
| Hernando Beach | $542K | 48 | 46 | Open → |
Neighborhoods on the move
| Spring Hill Unit 21Spring Hill | $327K | ▲ 29% |
| Weeki Wachee Acres AddSpring Hill | $215K | ▲ 28% |
| silverthorn ph 2bSpring Hill | $455K | ▲ 18% |
| CALDERASpring Hill | $510K | ▲ 17% |
| SILVERTHORN PH 1Spring Hill | $450K | ▲ 15% |
| Caldera Phases 3 & 4Spring Hill | $371K | ▼ 26% |
| Regency Oaks Unit 1Spring Hill | $290K | ▼ 16% |
| talavera ph 1eSpring Hill | $416K | ▼ 16% |
| WELLINGTON AT SEVEN HILLS PH 4Spring Hill | $265K | ▼ 15% |
| villages at avalon ph 1Spring Hill | $353K | ▼ 14% |
| TIMBER PINESSpring Hill | $284K | 37 |
| sterling hill ph 3Spring Hill | $336K | 21 |
| wellington at seven hills ph 7Spring Hill | $265K | 13 |
| pristine place ph 5Spring Hill | $434K | 10 |
| Caldera Phases 3 & 4Spring Hill | $371K | 9 |
| CALDERASpring Hill | $510K | 8 days |
| Spring Hill Unit 13Spring Hill | $285K | 9 days |
| FOREST OAKSSpring Hill | $305K | 14 days |
| REGENCY OAKSSpring Hill | $321K | 15 days |
| Regency Oaks Unit 1Spring Hill | $290K | 16 days |
Spring Hill ZIP codes
Most active communities
More on Spring Hill
Put this data to work
The questions people actually ask
Should I buy a house in Spring Hill right now?
The data says conditions currently favor neither side decisively in Spring Hill — the Momentum Score reads 62/100 with 3.4 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is Spring Hill becoming more affordable?
Yes, modestly — the median sale price in Spring Hill is $299,900, down 1.3% versus the prior year, while sellers still capture 95.6% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in Spring Hill?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Caldera Phases 3 & 4 (-26%); Regency Oaks Unit 1 (-16%); talavera ph 1e (-16%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which Spring Hill neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are CALDERA (8 days); Spring Hill Unit 13 (9 days); FOREST OAKS (14 days) — homes there go under contract well ahead of the market-wide pace of 46 days.
How does Spring Hill compare to the rest of Hernando County?
Spring Hill's median of $299,900 runs 0% below the county-wide median of $299,900, and homes here take 46 days to go under contract versus 56 county-wide.
Spring Hill housing market FAQ
How is the housing market in Spring Hill right now?
As of October 26, 2026, the Spring Hill housing market favors sellers: the median sale price is $299,900 (down 1.3% year over year), 760 homes are for sale against 788 sales in the last 12 months, which is 3.4 months of supply, and the typical home goes under contract in about 46 days.
How much is a house in Spring Hill?
The median home sold for $299,900 in Spring Hill over the last 12 months, about $190 per square foot; asking prices on the 760 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in Spring Hill?
By the numbers, sellers in Spring Hill are getting 95.6% of asking price and going under contract in about 46 days with 3.4 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the Spring Hill housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Spring Hill median sale prices are down 1.3% year over year, inventory stands at 3.4 months of supply, and 31% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in Spring Hill?
The median sale price in Spring Hill is currently $299,900, down 1.3% from a year ago, based on MLS sales data updated October 26, 2026.
Is Spring Hill a buyer's or seller's market right now?
The data currently favors sellers. Spring Hill scores 62 of 100 on the Momentum Score, with 3.4 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Spring Hill?
The typical home in Spring Hill goes under contract in about 46 days, per current MLS data.
How many homes are for sale in Spring Hill?
There are approximately 760 active listings in Spring Hill as of October 26, 2026.
Are home prices in Spring Hill rising or falling?
Median sale prices are down 1.3% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across Spring Hill. Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: October 26, 2026 at 10:07 AM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.
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