Spring Hill, FL
Full City Profile · Florida · Hernando County County
3.6
/5.0
B+
Good
118,814
Population
1,983/sq mi density
$66,557
Median Income
$31,736 per capita
$248,400
Home Value
$305,201 Zillow
$1,301
Median Rent
32.9% income on rent
71°F
Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$66,557 median income, 6.1% unemployment
A+
Affordability
4.6 / 5.0
$248,400 home value, $1,301/mo rent
C+
Education
2.6 / 5.0
19.7% bachelor's degree or higher
Housing Overview
Median Home Value
$248,400
12% below
US avg: $281,900
Median Rent
$1,301/mo
12% above
US avg: $1,163/mo
Homeownership Rate
79.9%
22% above US avg (65.4%)
Total Housing Units
48,193
Median year built: 1992
Home Value by Source
Census Median
$248,400
Zillow (ZHVI)
$305,201
Redfin Median Sale
$330,000
Median Sale Price
$330,000
Median List Price
$328,497
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.9%
Owner-Occupied
20.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent:
$1,301/mo
· Zillow rent:
$1,908/mo
Market Indicators (Redfin)
Median Sale Price
$330,000
Median Days on Market
66 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
145
Price Drops
39.6%
of listings with price reduction
Price Per Sq Ft
$183
Active Inventory
671
homes for sale
Affordability & Housing Stock
Rent Burden
32.9%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
79.9%
Complete Housing Data
Home Values
| Census Median Value | $248,400 |
| Zillow Home Value (ZHVI) | $305,201 |
| Redfin Median Sale | $330,000 |
| Median Sale Price | $330,000 |
| Median List Price | $328,497 |
| Price Per Sq Ft | $183 |
Rent
| Census Median Rent | $1,301 |
| Zillow Rent (ZORI) | $1,908 |
| FMR Studio | $1,212 |
| FMR 1-Bedroom | $1,296 |
| FMR 2-Bedroom | $1,526 |
| FMR 3-Bedroom | $1,971 |
| FMR 4-Bedroom | $2,261 |
Market
| Days on Market | 66 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 39.6% |
| Homes Sold | 145 |
| Active Inventory | 671 |
| Price Per Sq Ft | $183 |
Ownership & Stock
| Owner-Occupied | 79.9% |
| Renter-Occupied | 20.1% |
| Homeownership Rate | 79.9% |
| Total Housing Units | 48,193 |
| Median Year Built | 1992 |
| Rent Burden | 32.9% |