Spring Hill Tn homes for sale – October 2023 Market update
The impact of high interest rates is still showing, and inventory levels of resale homes are very low for that reason. I expect rates to start coming down some soon. In the meantime people appear to be buying smaller homes to keep the prices down. The median size of homes sold for the month was 2674 square feet compared to 2804 for October of last year.
- 36 homes sold in Spring Hill during the month of October 2023 compared to 41 for the same period of 2022
- The median sales price of homes sold during October was $609,867 compared to $670,794 for the same period last year, an reduction of 10%.
- The median sales price per square ft of sold homes has come down slightly at $229 compared to $235 last year a reduction of 7.6%.
- 74 Spring Hill homes are listed as available for purchase in the Williamson county portion of Spring Hill.
- 62 homes are currently under contract pending sale, most are new homes waiting for completion
- The median days on market for sold homes is up to 22 days
Most buyers are just waiting for rates to come down to refinance or paying cash and not concerned about rates. You can buy down the rates somewhat and lower you payments for a few years. If that’s something that interests you. let me know.
Homes in Spring Hill TN are now averaging $229 per square foot compared to $304 in Franklin. a difference of 38% so the homes are still a significant bargain for Williamson county.
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information on this page is based on information on Spring Hill real estate in Williamson county per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed. This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area
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Lot Size89.06 ac
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Home Size1,036 sqft
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Beds3 Beds
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Baths2 Baths
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Year Built1988
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Lot Size89.06 ac
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Home Size
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Beds
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Baths
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Year Built1945
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Lot Size16.50 ac
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Home Size2,837 sqft
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Beds3 Beds
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Baths2.5 Baths
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Year Built1900
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Lot Size93.00 ac
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Home Size
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Beds
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Baths
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Year Built0
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Lot Size20.48 ac
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Home Size3,500 sqft
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Beds4 Beds
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Baths3.5 Baths
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Year Built1975
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Lot Size51.26 ac
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Home Size
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Beds
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Baths
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Year Built0
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Lot Size26.01 ac
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Home Size2,600 sqft
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Beds3 Beds
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Baths2 Baths
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Year Built2000
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Lot Size43,560 sqft
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Home Size5,052 sqft
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Beds4 Beds
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Baths5 Baths
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Year Built2023
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Lot Size10,890 sqft
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Home Size4,615 sqft
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Beds5 Beds
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Baths4 Baths
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Year Built2023
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(all data current as of
12/6/2023)
Listing information deemed reliable but not guaranteed. Read full disclaimer.