Preston Hollow
Homes for Sale in SPRING HILL, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Over the 12 months ending 2026-08-02, 8 recorded sales closed at a median of $389,500, $175 per square foot, a median 89 days on market, sellers accepting 91% of original asking (-2% versus the prior year). At the median price and Hernando County's FY2025-26 rate of 18.64 mills, annual property tax runs about $7,260 ($6,490 with the full homestead exemption).
Preston Hollow right now
🟡 Off the recent peak. The trailing-12-month median ($390K) is down 2.0% from the prior 12 months ($397K). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Low (8 and 4 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Preston Hollow market snapshot (as of August 2, 2026): the median sale price is about $390K ($175 per sq ft over the trailing 12 months of closed sales), and a median 89 days on market for closed sales. The trailing-12-month median is down 2% from the prior 12 months, computed from record-level Stellar MLS closed sales (8 closings in the current window).
Preston Hollow is a community of 105 homes in SPRING HILL, Hernando County, built between 1991 and 2011 (median 1995), with a median living area of about 3,145 square feet. 78% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of Preston Hollow. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Preston Hollow
Preston Hollow
Preston Hollow
Preston Hollow
Preston Hollow
Preston HollowPrice History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($390K) IS the median in the snapshot above, and the move from 2025 ($397K) IS the -2.0% one-year change.
Windows contain 0 to 8 sales each (8 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2015 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Hernando County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Hernando County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Preston Hollow Market Scorecard
Preston Hollow is currently a thin data market. Limited supply, a median asking price of n/a.
Go deeper: true cost calculator · affordability calculator.
Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Schools
- Hernando County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Hernando County Schools (verify by address) · Public
- Confirm zoned elementary, middle, and high · By address
- Magnet and choice options may apply · Choice
Zoned schools reflect the assignments reported on recent Preston Hollow listings and can change; always confirm with Hernando County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Preston Hollow address.
Recent Developments in Preston Hollow
Development, infrastructure, retail, and school activity affecting Preston Hollow, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Infrastructure
Brooksville-Tampa Bay Regional Airport receives $13.6 million federal grant
The Brooksville-Tampa Bay Regional Airport received a $13.6 million federal grant from the U.S. Economic Development Administration for roads, drainage, utilities, electrical service, and converting an unused 5,000-foot runway into a modern taxiway. The work will prepare about 600 acres of airport land for aviation and aerospace company development.
What it may mean for the marketAirport infrastructure funding readies roughly 600 acres for aviation and aerospace facilities, strengthening the area industrial and employment base. The project is about 5 miles northeast of Preston Hollow, elsewhere in Hernando County.
Source: Hernando Sun - July 2026Development
Board approves height allowance increase at One Hernando Center
The Hernando County Commission unanimously approved raising the maximum building height from 60 feet to 85 feet for One Hernando Center, a 146-acre industrial distribution development east of Kettering Road in Brooksville. The added height accommodates automated storage and retrieval systems for uses such as cold storage and manufacturing.
What it may mean for the marketA 146-acre industrial distribution park advances with taller warehouse capacity, adding to the area logistics and manufacturing footprint. The project is about 9 miles northeast of Preston Hollow, elsewhere in Hernando County.
Source: Hernando Sun - July 2026Civic
County Board approves new fire station prototype
The Hernando County Board voted 4-0 on June 23 to approve two prototype fire station designs, a 3-bay and a 4-bay configuration, by KMF Architects at a Phase 1 design cost of about $296,902. The reusable prototypes are intended to speed and standardize future fire station construction countywide.
What it may mean for the marketStandardized fire station prototypes aim to expedite future public safety facility construction across the county, supporting emergency service infrastructure as growth continues. The project is about 10 miles northeast of Preston Hollow, elsewhere in Hernando County.
Source: Hernando Sun - June 2026Development
Hernando School Board signs off on two large housing developments
On June 9 the Hernando County School Board approved school concurrency for two subdivisions between I-75 and Lockhart Road: Black Jack Ridge with up to 978 houses and Ginny Grove with up to 907 units. The board determined area schools have sufficient capacity to accommodate the new developments.
What it may mean for the marketTwo large residential subdivisions totaling roughly 1,885 homes are cleared to advance in the I-75 corridor, expanding the local housing supply pipeline. The project is about 10 miles east of Preston Hollow, elsewhere in Hernando County.
Source: Hernando Sun - May 2026Infrastructure
County Line Road widening moves forward
Hernando County commissioners unanimously approved a funding strategy to widen County Line Road between Mariner Boulevard and the Suncoast Parkway, a project shared with Pasco County and FDOT. Land acquisition is budgeted at $20 million and construction at $65 million, with funds set aside in the Five-Year Capital Improvement Program.
What it may mean for the marketA long stalled County Line Road widening advances toward funding, improving a key east-west corridor at the Hernando and Pasco boundary. The site is about 2 miles west of Preston Hollow.
Source: Hernando Sun - January 2026Development
Moffitt Cancer Center opens flagship outpatient center at its new Speros FL campus in Pasco
Moffitt Cancer Center held the grand opening of its flagship outpatient cancer center in January 2026 at Speros FL, its large new campus on State Road 52 in Pasco County. The campus is planned as a long-term life sciences and medical hub expected to bring substantial employment to the area.
What it may mean for the marketA large new medical and life sciences campus is a long-term employment anchor for central Pasco, a structural demand driver for housing in the surrounding area. The site is about 10 miles south of Preston Hollow.
Source: WUSF
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Preston Hollow buying strategy.
If we were buying in Preston Hollow 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 Preston Hollow.
A closer look at the Preston Hollow market
At a median of $175 per square foot, Preston Hollow prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
The trailing-12-month median down 2% year over year. Homes that do trade take a median 89 days on market, useful leverage on any listing that has lingered.
The housing stock is 105 homes built between 1991 and 2011, and 78% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Preston Hollow. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Preston Hollow buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.9). Basis: Recent Direction -2.0% year-over-year; Owner Commitment 78% owner-occupied; Pricing Power 91.5% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Preston Hollow 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 Preston Hollow sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Preston Hollow, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Preston Hollow home worth?
Get a no-obligation home value based on real comparable sales in Preston Hollow, 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 Preston Hollow on the map →
Frequently Asked Questions
What is the median home price in Preston Hollow?
How long do homes in Preston Hollow take to sell?
How many homes are in Preston Hollow?
What share of Preston Hollow is owner-occupied?
When were the homes in Preston Hollow built?
Do cash buyers compete in Preston Hollow?
What schools serve Preston Hollow?
Who is the best real estate agent for Preston Hollow?
How do I find a top SPRING HILL real estate agent who knows Preston Hollow?
Can Momentum Realty connect me with an agent for Preston Hollow?
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: June 24, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2015 (33 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.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
More Spring Hill & Hernando County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Hernando County or the full Neighborhood Finder.
See how PRESTON HOLLOW fits the bigger picture — live prices, inventory, and Momentum Scores: