Caldera Phases 3 & 4
Homes for Sale in Spring Hill, FL
True comps, carrying-cost math, and listings before the portals.

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.
Who Caldera Phases 3 & 4 is best for.
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
The Caldera Phases 3 & 4 buying strategy.
If we were buying in Caldera Phases 3 & 4 today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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.
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.
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.
HOA, CDD & Fees
- 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.
Tools for a Caldera Phases 3 & 4 buy.
Free calculators to pressure-test the real cost before you tour.
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.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Caldera Phases 3 & 4, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Caldera Phases 3 & 4 home worth?
Get a no-obligation home value based on real comparable sales in Caldera Phases 3 & 4, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Caldera Phases 3 & 4 on the map →
Frequently Asked Questions
What is the median home price in Caldera Phases 3 & 4?
How long do homes in Caldera Phases 3 & 4 take to sell?
How many homes are in Caldera Phases 3 & 4?
What share of Caldera Phases 3 & 4 is owner-occupied?
When were the homes in Caldera Phases 3 & 4 built?
Do cash buyers compete in Caldera Phases 3 & 4?
Who is the best real estate agent for Caldera Phases 3 & 4?
How do I find a top Spring Hill real estate agent who knows Caldera Phases 3 & 4?
Can Momentum Realty connect me with an agent for Caldera Phases 3 & 4?
Should you buy in Caldera Phases 3 & 4?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34609)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-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.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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