$6,674 Closing Credit*
$562,000
1,005 SqFt
3 Beds
•1 Full Bath
#73317381, Team Lillian Montalto, Listing Office: Lillian Montalto Signature Properties
Is Spring Hill, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Spring Hill has remained a Seller's Market.
Key Takeaway
Spring Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Spring Hill, MA
How much do homes in Spring Hill, MA cost?
Median Sold Price
$1,150,000
$706/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$10,000(-0.9%)
Key Takeaway
Homes in Spring Hill have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Spring Hill was $1,150,000 in December 2024, down 0.9% from last year, and the median price per square foot was $706.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $537.5K | $615K | +14.4% |
| 2 Bedrooms | $865K | $825K | -4.6% |
| 3 Bedrooms | $1.2M | $1.2M | -6.2% |
| 4 Bedrooms | $1.4M | $1.6M | +15.8% |
| 5+ Bedrooms | $1.5M | $1.4M | -6.8% |
Summary: Spring Hill housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.4%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 6.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Davis Square | $1.3M | $1.5M | +12.4% |
| Powderhouse | $1.1M | $1.2M | +7.8% |
| Spring Hill | $1.1M | $1.1M | -0.9% |
Housing Supply in Spring Hill, MA
How many homes are available in Spring Hill, MA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Summary: The Spring Hill real estate market had 13 homes for sale in December 2024, a 27.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Spring Hill housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Hill, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Spring Hill in December 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Spring Hill, MA
How long does it take to sell a home in Spring Hill, MA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 63 Days | 67 Days | +7.4% |
Summary: Homes in Spring Hill had an average of 67 days on market in Dec 2024, up by 7.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Spring Hill has remained consistent over time.
Summary: During December 2024, 6 homes were sold in Spring Hill; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
