CHORD Nashville Team

Spring Hill, TN 37174

Single-Family Homes

info@CHORDrealestate.com 615.988.1001



Spring Hill, TN 37174

Thu Dec 01 2022
This week the median list price for Spring Hill, TN 37174 is $623,945 with the market action index hovering around 38. This is less than last month's market action index of 42. Inventory has decreased to 200. Click here to stay informed with the Spring Hill market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Spring Hill, TN 37174

Thu Dec 01 2022
This week the median list price for Spring Hill, TN 37174 is $623,945 with the market action index hovering around 38. This is less than last month's market action index of 42. Inventory has decreased to 200. Click here to stay informed with the Spring Hill market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Spring Hill market.
Median List Price $623,945
Median Price of New Listings $658,400
Per Square Foot $244
Average Days on Market 63
Median Days on Market 49
Price Decreased 49%
Price Increased 2%
Relisted 25%
Inventory 200
Median Rent
Market Action 38
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$972,449 3,518 0.25 - 0.5 acre 4 4 1 7 3 70
$690,000 2,921 0.25 - 0.5 acre 4 3 2 5 9 45
$556,950 2,429 8,000 - 10,000 sqft 4 3 9 4 2 49
$447,000 1,872 8,000 - 10,000 sqft 3 2.5 17 5 6 42