CHORD Nashville Team

Spring Hill, TN 37174

Single-Family Homes

info@CHORDrealestate.com 615.988.1001


Spring Hill, TN 37174

Fri Jul 26 2024
This week the median list price for Spring Hill, TN 37174 is $633,950 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has increased to 206. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Spring Hill, TN 37174

Fri Jul 26 2024
This week the median list price for Spring Hill, TN 37174 is $633,950 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has increased to 206. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Spring Hill market.
Median List Price $633,950
Median Price of New Listings $532,450
Per Square Foot $242
Average Days on Market 74
Median Days on Market 35
Price Decreased 41%
Price Increased 7%
Relisted 14%
Inventory 206
Median Rent
Market Action 44
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
$934,999 3,432 0.25 - 0.5 acre 4 4 4 5 5 42
$713,000 2,887 0.25 - 0.5 acre 4 3 7 9 10 35
$580,950 2,547 6,500 - 8,000 sqft 4 3 5 3 5 38
$451,490 1,993 8,000 - 10,000 sqft 3 3 8 15 10 21