Caldera Phases 3 & 4
Homes for Sale in Spring Hill, FL

Community in Spring Hill · Hernando County
4 homesBuilt 2024–2024Median sale $366K
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Built fromLive Stellar MLS data1 years of closingsFL DOR public recordsUpdated twice daily
Live · Caldera Phases 3 & 4 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$366K
Median sold · 12 mo
$157/sf
Sold $/sqft · 12 mo
peak $157 in 2026
98.4%
Sale vs ask
Hernando median: 95.3%
Tempo
71days
Median DOM · closed
71 days at the 2026 low
29
Sold · last 12 mo
10-yr average: about 15 a year
Ownership and context
0%
Owner-occupied · Caldera Phases 3 & 4
0 of 251 parcels homesteaded (FL DOR 2025)
100%
Non-owner-occupied · Caldera Phases 3 & 4
incl. 82% trust or LLC-held · 100% out-of-state
4%
Cash buyers · Caldera Phases 3 & 4
1 of 23 sales, 12 mo ending June 2026
4
Homes in the community
plus 247 vacant residential lots · 251 residential parcels (FL DOR 2025)
Track record · 1 years of records
Est. 2024
Community established
homes built 2024-2024, median 2024 (FL DOR 2025)
2,294sqft
Median sold home size
12-mo windows, closed sales
725.0%/yr
Turnover rate
about 29 of 4 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Caldera Phases 3 & 4 is a brand-new pocket of Spring Hill, with the homes tracked here all built in 2024 and running around 2,461 square feet at a median of $365,900, or about $157 per square foot. This is new-construction pricing: what sets value is builder inventory and finish level, not resale history or renovation upside. With just 4 homes in the picture, this is a thin, early-stage market where a single listing can move the median.

The current posture leans toward buyers who can wait. Median days on market sits at 71 — slow by area standards — across a 29-day closings window. That pace tells a seller not to expect a quick exit, and tells a buyer there is room to negotiate on a home that has been sitting. A homestead share of 0% is consistent with a subdivision this new; it also signals these are freshly delivered homes rather than long-held owner-occupied stock.

The 60-Second Overview

Caldera Phases 3 & 4 market snapshot (as of July 15, 2026): the median sale price is about $366K ($157 per sq ft over the trailing 12 months of closed sales), and a median 71 days on market for closed sales.

Caldera Phases 3 & 4 is a community of 4 homes in Spring Hill, Hernando County, built between 2024 and 2024 (median 2024.0), with a median living area of about 2,462 square feet. 0% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

A 2024-vintage section of Spring Hill in Hernando County where every tracked home is new construction at roughly 2,461 square feet. The takeaway is simple: newer product, larger floor plans, and a market moving at a deliberate pace.

Best for

  • Buyers set on new construction who want a larger floor plan without a renovation project
  • Buyers comfortable in an early-phase subdivision that is still filling in
  • Buyers who can be patient and use the slow 71-day pace as negotiating leverage

Probably not for

  • Buyers who need a long resale track record before committing
  • Buyers wanting an established, fully built-out neighborhood today
  • Sellers who need a fast exit and cannot compete with fresh builder inventory

If we were buying in Caldera Phases 3 & 4 today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Caldera Phases 3 & 4.

Best Buy
Buyers who want a brand-new home with a larger floor plan and no renovation to manage.
Biggest Risk
With only 4 homes tracked, any single stat can swing sharply.
Sweet Spot
A 2024 build near 2,461 square feet priced around the $365,900 median.
Avoid If
You need proven resale history or an established, fully built-out setting.

A new-build market, priced on finish, not history

Because the homes here were all built in 2024, price differences come down to floor plan, lot, and finish rather than age or condition. The median of $365,900 at about $157 per square foot gives you a reference point, but with only 4 homes tracked, treat any single number as directional rather than settled. Expect the picture to shift as more of the phase closes.

The 71-day median on market is the number to watch. In a new-construction setting, longer marketing times often reflect standing inventory and builder pacing more than a problem with any one home. For a buyer, that slack is leverage. For a seller — including anyone reselling one of these homes soon after delivery — it is a reminder that you are competing directly with new stock at similar square footage.

The location and the amenities are priced into every listing in Caldera Phases 3 & 4. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A thin, brand-new market rewards someone who reads it correctly. We track how the remaining Caldera phases are closing, where the 71-day pace gives you negotiating room, and how a new-build purchase compares against resale alternatives elsewhere in Spring Hill. We would rather tell you this is not your community than sell you into the wrong one.

Caldera Phases 3 & 4 in 15 seconds.

Best forBuyers who want a brand-new home with a larger floor plan and no renovation to manage.
Biggest advantageA slow pace means real negotiating room rather than a bidding scramble.
Biggest riskWith only 4 homes tracked, any single stat can swing sharply.
Sweet spotA 2024 build near 2,461 square feet priced around the $365,900 median.
Avoid ifYou need proven resale history or an established, fully built-out setting.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Caldera Phases 3 & 4 sales matched to your home.

What is your Caldera Phases 3 & 4 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Caldera Phases 3 & 4?
The median sale price in Caldera Phases 3 & 4 was $366K over the 12 months ending July 15, 2026 (29 closed sales, Stellar MLS).
How long do homes in Caldera Phases 3 & 4 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 71 days on market (29 sales, Stellar MLS).
How many homes are in Caldera Phases 3 & 4?
The Florida DOR 2025 assessment roll shows 4 homes plus 247 vacant residential lots in Caldera Phases 3 & 4 (public records).
What share of Caldera Phases 3 & 4 is owner-occupied?
0% of Caldera Phases 3 & 4 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Caldera Phases 3 & 4 built?
Homes in Caldera Phases 3 & 4 were built between 2024 and 2024, with a median year built of 2024.0 (FL DOR 2025 roll).
Do cash buyers compete in Caldera Phases 3 & 4?
Cash buyers took 4% of Caldera Phases 3 & 4 sales in the 12 months ending June 2026 (1 of 23 closings, Stellar MLS).
Who is the best real estate agent for Caldera Phases 3 & 4?
The best agent for Caldera Phases 3 & 4 is one who actively works Spring Hill and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Caldera Phases 3 & 4.
How do I find a top Spring Hill real estate agent who knows Caldera Phases 3 & 4?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Caldera Phases 3 & 4 and the wider Spring Hill area.
Can Momentum Realty connect me with an agent for Caldera Phases 3 & 4?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Caldera Phases 3 & 4 purchase or sale - no call center and no pressure.
Buyers set on new construction who want a larger floor plan without a renovation projectExcellent fit
Buyers comfortable in an early-phase subdivision that is still filling inExcellent fit
Buyers who can be patient and use the slow 71-day pace as negotiating leverageExcellent fit
Buyers who need a long resale track record before committingProbably not
Buyers wanting an established, fully built-out neighborhood todayProbably not
Sellers who need a fast exit and cannot compete with fresh builder inventoryProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34609))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2025 (29 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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