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Spring Hill, NC Housing
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Spring Hill, NC is an area with a healthy housing market. The median value of homes in the area is currently $103,300, which is considerably lower than the US house median value of $338,100. In the past year, the US house appreciation rate was 8.27%, however, houses in Spring Hill have appreciated by 19.90%. This higher rate of appreciation indicates that Spring Hill is an attractive place to invest in real estate and that there is potential for significant growth in home values over time.
Median Monthly Rent by Number of Bedrooms
Housing by Year Built
Housing
Spring Hill, North Carolina
United States
Number of Homes
2,011.0
139,647,020.0
Median Home Age
37
42
Median Home Cost
$103,300
$338,100
Home Appr. Last 12 months
19.9%
16.6%
Home Appr. Last 5 yrs.
58.4%
57.0%
Home Appr. Last 10 yrs.
61.0%
101.1%
Property Tax Rate
$13.32
$10.98
Property Taxes Paid
$1,043
$2,690
Homes Owned
57.2%
57.4%
Housing Vacant
19.7%
11.2%
Homes Rented
23.1%
31.4%
Vacant Housing
Vacant For Rent
1.1%
1.9%
Vacant Rented
0.1%
0.4%
Vacant For Sale
0.6%
0.7%
Vacant Sold
0.0%
0.4%
Vacant Vacation
0.8%
3.6%
Vacant Other
17.0%
4.1%
Value of Owner-Occupied Housing
Less Than $20,000
10.3%
2.6%
$20,000 to $39,999
10.1%
2.4%
$40,000 to $59,999
10.9%
2.8%
$60,000 to $79,999
20.0%
3.9%
$80,000 to $99,999
9.9%
4.5%
$100,000 to $149,999
11.9%
11.3%
$150,000 to $199,999
5.8%
13.0%
$200,000 to $299,999
11.7%
20.1%
$300,000 to $399,999
5.4%
13.6%
$400,000 to $499,999
1.7%
8.3%
$500,000 to $749,999
0.0%
9.7%
$750,000 to $999,999
1.1%
3.9%
$1,000,000 to $1,499,999
1.2%
2.2%
$1,500,000 to $1,999,999
0.0%
0.8%
$2,000,000 and over
0.0%
1.1%
Housing Units by Year Structure Built
2014 and newer
0.0%
0.2%
2010 to 2013
15.5%
13.6%
2000 to 2009
15.5%
13.6%
1990 to 1999
19.4%
13.6%
1980 to 1989
17.2%
13.2%
1970 to 1979
20.6%
14.8%
1960 to 1969
19.4%
13.6%
1950 to 1959
5.3%
10.0%
1940 to 1949
1.7%
4.7%
1939 or Earlier
2.6%
12.2%
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