Waterfall Place
Homes for Sale in Spring Hill, FL
All 588 homes for sale in Spring Hill, FL · median $339,900 · 203 homes for sale in 34608 · Hernando County homes for sale
True comps, carrying-cost math, and listings before the portals.
Homes listed or recently sold were built 1987–2006; none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 34 ft). Waterfall Place is a community in Spring Hill, Hernando County, FL. Across Spring Hill as a whole, 2,166 homes closed in the last 12 months at a median of $310,000, 46 median days on market, with 762 homes for sale today. At that median and Hernando County's FY2025-26 rate of 18.64 mills, annual property tax runs about $5,780 ($5,010 with the full homestead exemption).
Nearby homes for sale
No active listings inside Waterfall PlaceHomes for Sale in Spring Hill, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Waterfall Place market snapshot (as of September 12, 2026): the median sale price is about $420K ($173 per sq ft over the trailing 12 months of closed sales), and a median 101 days on market for closed sales.
In ZIP 34608 (Spring Hill), 1,773 homes closed in the last 12 months at a median of $300K ($190/sq ft), down 1.4% year over year, with a median 32 days on market. Right now 85 active and 33 pending listings. See the live ZIP 34608 housing market and the Hernando County market.
Stellar MLS sales records identify 15 homes in Waterfall Place that have changed hands since 2017, built between 1987 and 2006 (median 1987), with a median living area of about 2,081 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 4 qualified sales in Waterfall Place across 2025–2025, median $420,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($420K) IS the median in the snapshot above.
Windows contain 0 to 3 sales each (3 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 2017 through 2025. Deemed reliable but not guaranteed.
Waterfall Place Market Scorecard
Waterfall Place is currently a no active listings market. Limited supply, a median asking price of n/a.
Typical home value in the 34608 ZIP is $295,151, about 4.8% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Waterfall Place on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.
The Waterfall Place buying strategy.
If we were buying in Waterfall Place 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 Waterfall Place.
A closer look at the Waterfall Place market
At a median of $173 per square foot, Waterfall Place 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 location and the amenities are priced into every listing in Waterfall Place. The deal is won or lost on condition, the comps, and the renovation math.
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 Waterfall Place 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 Waterfall Place sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterfall Place, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Waterfall Place home worth?
Get a no-obligation home value based on real comparable sales in Waterfall Place, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Spring Hill guides & data
- Market data
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- Flood zones
- Property taxes (Hernando County)
- Homestead exemption (Hernando County)
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Florida buyer guides
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Email me new listings in Waterfall Place
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Waterfall Place
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Waterfall Place will answer, and the answer is published on this page for the next buyer.
Recent Developments in Waterfall Place
Development, infrastructure, retail, and school activity affecting Waterfall Place, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
Take 5 Oil Change on US 19 in Homosassa wins final county approval
Citrus County commissioners unanimously approved a 1,316-square-foot Take 5 Oil Change drive-through on the west side of US 19, about a quarter-mile north of US 98 and next to Dollar Tree. The approval carries nine staff conditions, and spill containment was a focus because the site is in a Coastal High Hazard Area.
What it may mean for the marketAdds another auto-service option along the US 19 commercial strip in Homosassa. The site is about 2 miles northwest of Waterfall Place.
Source: Citrus County Chronicle - October 2026Infrastructure
State announces $7 million for Citrus springs and septic projects
The governor announced $7 million for Citrus County at an event in Crystal River. The money includes $3 million for septic upgrade incentives, $2 million for Kings Bay and Crystal River restoration, and $2 million for Homosassa River cleanup, spring vent work and eelgrass replanting.
What it may mean for the marketSeptic upgrades and river restoration work support water quality along Citrus waterfront areas that anchor recreation and tourism. The site is about 7 miles north of Waterfall Place.
Source: Citrus County Chronicle - October 2026Development
Betz Farm 1,466-home proposal near Crystal River heads to county commission after denial recommendation
The 350-acre Betz Farm site on North Turkey Oak Drive near State Road 44 and U.S. 19 is proposed for 1,466 homes (1,138 single-family and 328 townhomes), down from 1,542 allowed in the original plan. The Planning and Development Commission voted 7-0 on Aug. 20 to recommend denial, and the County Commission hears it Tuesday.
What it may mean for the marketIf approved, the project would add a large block of housing supply on the Crystal River corridor, with added traffic on State Road 44 and U.S. 19 and flood-zone construction requirements. The site is about 8 miles north of Waterfall Place.
Source: Citrus County Chronicle - October 2026Civic
Citrus commissioners to consider aviation economic development board for county airports
Commissioners were set to consider creating a board of people with aviation and business experience to study opportunities at the county's two public airports, Inverness Airport and Crystal River Airport. Commissioner Jeff Kinnard proposed it, and it would not replace the existing Aviation Advisory Board.
What it may mean for the marketAims to grow airport traffic and business activity, which could affect future aviation-related employment and commercial land demand near the airports. The site is about 5 miles north of Waterfall Place.
Source: Citrus County Chronicle - October 2026Retail & Dining
Home Depot set to open Oct. 15 at State Road 44 and Kensington Avenue in Lecanto
Home Depot plans to open a store of about 136,980 square feet on the northeast corner of State Road 44 and Kensington Avenue, west of Inverness, on Oct. 15. The company says it is one of 12 locations it is opening this year.
What it may mean for the marketAdds a large home-improvement retailer in central Citrus County, shortening shopping trips for residents who now travel to neighboring counties. The site is about 6 miles northeast of Waterfall Place.
Source: Citrus County Chronicle
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.
Frequently Asked Questions
What is the median home price in Waterfall Place?
How long do homes in Waterfall Place take to sell?
Who is the best real estate agent for Waterfall Place?
How do I find a top Spring Hill real estate agent who knows Waterfall Place?
Can Momentum Realty connect me with an agent for Waterfall Place?
Where is Waterfall Place, and what county is it in?
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 19, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2017 (8 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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