The housing market in 34609 Spring Hill, FL is booming. The median value of homes in the area currently stands at $316,000, significantly lower than the national median value of $338,100. However, what sets Spring Hill apart is its high appreciation rate: over the last year, housing prices have appreciated by a staggering 19.50%, while nationally they have only increased by 8.27%. This makes Spring Hill an attractive place to live for those looking to invest in real estate or find a new home.
The median home cost in Spring Hill (zip 34609) is $316,000. Home appreciation the last 10 years has been 212.0%. Home Appreciation in Spring Hill (zip 34609) is up 28.1%.
Average Age of Homes
- The median age of Spring Hill (zip 34609) real estate is 21 years old
The Rental Market in Spring Hill (zip 34609)
- Renters make up 16.6% of the Spring Hill (zip 34609) population
- 1.2% of houses and apartments in Spring Hill (zip 34609), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.