Park Ridge Villas
Homes for Sale in Spring Hill, FL

Park Ridge Villas market snapshot (as of September 20, 2026): the median sale price is about $276K ($183 per sq ft over the trailing 12 months of closed sales), and a median 25 days on market for closed sales. The trailing-12-month median is down 3% from the prior 12 months, computed from record-level Stellar MLS closed sales (11 closings in the current window).

In ZIP 34609 (Spring Hill), 1,266 homes closed in the last 12 months at a median of $375K ($185/sq ft), down 1.4% year over year, with a median 63 days on market. Right now 300 active and 99 pending listings put supply at about 4.3 months — a balanced market. See the live ZIP 34609 housing market and the Hernando County market.

County records show 88 qualified sales in Park Ridge Villas across 2024–2025 (50 in 2024, 38 in 2025), median $296,300 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Park Ridge Villas is a community of 49 homes in Spring Hill, Hernando County, built between 2023 and 2024 (median 2024), with a median living area of about 2,060 square feet. 26% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a compact, all-new community of 49 homes in Spring Hill, where the median residence runs about 2,060 square feet of recent construction. The low homestead share — roughly a quarter of homes — signals a community still filling in rather than one long settled.

Everything here is fresh: a 2023–2024 build range with no older stock to muddy the picture. That simplifies condition risk — you are largely comparing near-identical vintage homes — but it also means pricing is still being tested. A 5.7% year-over-year decline on a median of $275,788 tells you the market has been recalibrating as more new inventory competes for the same buyers.

The homestead share sits at about 26%, meaning most of these homes are not owner-occupied primary residences yet. In a community this young and this small, that is worth watching: it shapes both the resale supply and how quickly the neighborhood stabilizes. Median days on market near 25 says demand is real, but the price trend says buyers currently hold leverage.

A 49-home, all-new community trades on subtle differences — floor plan, lot, upgrade package — that don't show up in a headline median. We track how the last handful of closings actually priced against a falling market, so you negotiate against real comps rather than a builder's list. Whether you are buying into new construction or trying to sell one against it, we will tell you where the number should land and when to walk.

Listings in this community report association dues of about $157 per month ($1,884 a year) — the median AssociationFee across 190 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

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