New Listing
28
$419,900
4989 Morning Dove Ln
Spring Hill, TN 37174
3 bd2 ba1,548 sqft$271/ft²
House9,583 sqft lot
Mark Boggess · Benchmark Realty, LLC
View photos & details
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Spring Hill, TN Housing Market
Leaning buyer's-0.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Spring Hill, TN is worth $520,958, fell 0.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $559,990, +4.5% year over year (through May 2026). With 4.0 months of supply and homes going under contract in about 57 days, Spring Hill is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $520,958 home is about $2,781/mo in principal and interest.
Key numbers for Spring Hill, TN
Typical home value
$520,958
-0.5% in 12 months
Zillow, August 2026
Typical asking rent
$2,019/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$559,990
+4.5% year over year
Redfin, through May 2026
Days on market
57
Average pace
Redfin, through May 2026
Active listings
406
4.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$106,658
Home costs 4.9x income
U.S. Census ACS, 2023
Sale-to-list ratio
99.1%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Spring Hill a buyer's or seller's market?
Leaning buyer's4.0 months of supply57 days on market99.1% of asking
Spring Hill, TN is a leaning buyer's, based on 4.0 months of supply and homes selling in about 57 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Spring Hill housing market data show?
Every row below is Redfin's final published month for Spring Hill, TN. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $559,990 |
| Median list price | $539,000 |
| Year-over-year price change | +4.5% |
| Median price per sq ft | $242/sq ft |
| Median days on market | 57 days |
| Active inventory | 406 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 99.1% |
| Homes sold (that month) | 101 |
| New listings (that month) | 145 |
| Listings with a price cut | 26.6% |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Spring Hill is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Spring Hill is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Spring Hill home prices moved?
Over the last three years the median sale price in Spring Hill, TN rose 13.1%, from $495,000 to $559,990. The live Zillow value series has fell 0.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 26.6% of Spring Hill listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 4.0 months while the sale-to-list ratio slips below its current 99.1%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Spring Hill?
Priced off the typical home value of $520,958 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $104,192 | $416,766 | $2,781/mo |
| 5% | $26,048 | $494,910 | $3,303/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,781, that implies roughly $119,193 a year before you add taxes and insurance. The median household in Spring Hill earns $106,658, about $12,535 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.9x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Spring Hill in the next 12 months?
Tell us your timeline. We send the Spring Hill market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Spring Hill?
Typical asking rent in Spring Hill, TN is $2,019/mo, against a typical home value of $520,958. That is a price-to-rent ratio of 21.5x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $2,781 a month — $762 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Spring Hill?
Active listings in Spring Hill, TN went from 448 in May 2025 to 406 in May 2026, a -9.4% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 444 | 142 |
| July 2025 | 444 | 139 |
| August 2025 | 436 | 110 |
| September 2025 | 426 | 117 |
| October 2025 | 395 | 110 |
| November 2025 | 357 | 78 |
| December 2025 | 322 | 68 |
| January 2026 | 328 | 81 |
| February 2026 | 354 | 124 |
| March 2026 | 380 | 161 |
| April 2026 | 405 | 149 |
| May 2026 | 406 | 145 |
Redfin, through May 2026
How does Spring Hill compare to Tennessee and the U.S.?
Spring Hill homes sell for $559,990 — 36% above the Tennessee median of $413,200. Against the national median of $410,700, Spring Hill runs 36% higher. Year-over-year, Spring Hill moved +4.5% against Tennessee's +3.0% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Spring Hill, TN | $559,990 | +4.5% | 57 days |
| Tennessee statewide | $413,200 | +3.0% | 61 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Spring Hill
What buyers should watch
- Months of supply, currently 4.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 26.6%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $521 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $520,958 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Spring Hill listing goes under contract in 57 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 99.1% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Spring Hill added 145 new listings against 101 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -0.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Spring Hill varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Spring Hill
There are currently 406 homes listed for sale in Spring Hill, Tennessee. The median listing price is $539K. Featured listings range from $419,900 to $1,197,500.
New Listing
37
$420,000
103 Bellagio Villas Dr
Spring Hill, TN 37174
4 bd4 ba2,176 sqft$193/ft²
Townhouse4,792 sqft lot
Kara Bogetti · The Bogetti Partners
View photos & details
New Listing
38
$455,000
1038 Mountain View Dr
Spring Hill, TN 37179
3 bd3 ba1,772 sqft$257/ft²
Townhouse
Jessica Harrison · Zeitlin Sotheby's International Realty
View photos & details
New Build
36
$472,990
281 W Millbrook Dr
Spring Hill, TN 37174
4 bd3 ba2,282 sqft$207/ft²
House
View photos & details
New Build
27
$481,990
212 E Millbrook Dr
Spring Hill, TN 37174
4 bd3 ba2,570 sqft$188/ft²
House
View photos & details
New Build
22
$484,990
267 W Millbrook Dr
Spring Hill, TN 37174
4 bd3 ba2,570 sqft$189/ft²
House
View photos & details
New Build
41
$504,990
275 W Millbrook Dr
Spring Hill, TN 37174
5 bd3 ba2,641 sqft$191/ft²
House
View photos & details
New Build
52
$572,254
424 Wild Iris Way
Spring Hill, TN 37174
4 bd3 ba2,267 sqft$252/ft²
House
View photos & details
New Listing
45
$610,000
612 Conifer Dr
Spring Hill, TN 37174
3 bd3 ba2,217 sqft$275/ft²
House
Jessica Sholl · eXp Realty
View photos & details
New Listing
36
$750,000
2113 Hanah Ct
Spring Hill, TN 37174
4 bd3 ba3,164 sqft$237/ft²
Mobile home2.30 acres
Connor Kennedy · Music City, REALTORS
View photos & details
New Listing
3
$829,900
1686 Lantana Dr
Spring Hill, TN 37174
4 bd4 ba3,387 sqft$245/ft²
House10,890 sqft lot
Cindy Dempster · Benchmark Realty, LLC
View photos & details
New Listing
70
$1,197,500
463 Marston Ave
Spring Hill, TN 37179
5 bd4 ba3,253 sqft$368/ft²
House7,841 sqft lot
Brian Biglin · Kelly Right Real Estate of Tennessee LLC
View photos & details
Looking to buy in Spring Hill?
Get connected with a local real estate expert — free, no obligation.
Active listings
406
Homes on market
Median list price
$539K
Avg. days on market
57
Days until sale
New this week
145
Newly listed
Price drops:26.6%of listings
Sale-to-list:99.1%
How much do homes cost in Spring Hill by property type?
How the Spring Hill, TN market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $579,516 | $250/sq ft | 89 | 54 days |
| Condo / co-op | $294,950 | $318/sq ft | 2 | 104 days |
| Townhouse | $412,450 | $213/sq ft | 10 | 129 days |
Who lives in Spring Hill?
American Community Survey estimates for Spring Hill. U.S. Census ACS, 2023
Population
53,585
Households
19,467
Median income
$106,658/yr
Median age
36.1 years
Owner-occupied
74.6%
Median home value
$452,400
Median gross rent
$1,738/mo
Mean commute
29.5 min
74.6% of occupied homes in Spring Hill are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $452,400 against Zillow's $520,958 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,738/mo, below Zillow's $2,019/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Spring Hill?
10 schools tracked · 7,269 students
The largest public schools serving Spring Hill, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Summit High School
Grades 9-12 · 1,648 students
Spring Station Middle School
Grades 6-8 · 835 students
Battle Creek Middle School
Grades 5-8 · 727 students
Longview Elementary School
Grades PK-5 · 681 students
Battle Creek Elementary School
Grades K-4 · 631 students
Marvin Wright Elementary School
Grades PK-4 · 605 students
Allendale Elementary School
Grades PK-5 · 600 students
Chapman's Retreat Elementary
Grades PK-5 · 559 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Spring Hill, TN?
Ordered by distance from Spring Hill, not by size. Compare Spring Hill side by side with any of them.
Which ZIP codes are in Spring Hill?
These are the ZIP codes we see on active Spring Hill listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Spring Hill housing market FAQ
Is Spring Hill a buyer's or seller's market?
Spring Hill, TN is currently a leaning buyer's. That read comes from 4.0 months of supply, homes going under contract in about 57 days, and sellers getting 99.1% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Spring Hill?
The typical home in Spring Hill, TN is worth $520,958 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $559,990, about $242 per square foot.
Is Spring Hill cheaper than the rest of Tennessee?
Spring Hill's median sale price of $559,990 is 36% higher than the Tennessee statewide median of $413,200, and 36% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Spring Hill?
Homes in Spring Hill, TN spent a median of 57 days on market before going under contract, versus 61 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Spring Hill?
At the current 30-year fixed rate of 7.03%, 20% down on a $520,958 home is about $2,781 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $119,193 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $106,658.
Are home prices rising in Spring Hill?
The typical home value in Spring Hill, TN fell 0.5% over the last 12 months, from $523,627 to $520,958 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Spring Hill?
Spring Hill ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Spring Hill?
That depends on your timeline, not on a headline. What the data says today: Spring Hill, TN is a leaning buyer's with 4.0 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 21.5x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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