Spring Hill today
What this means
Spring Hill home values slipped 1.9% in 12 months, now 8.2% below the Sep 2022 peak.
Rents are area estimates; check comps for the exact house. Sources and method: how these figures are built.
Quick facts
| Spring Hill | vs Hernando County | vs Florida | |
|---|---|---|---|
| Population | 119,983 (Census survey) | ||
| Median home value | $288,500 | 5% higher | 20% lower |
| Median gross rent | $1,440 | 11% higher | 14% lower |
| Median household income | $68,432 | 4% higher | 8% lower |
| Owner occupied homes | 80.3% | -2.2 pts | +12.7 pts |
| Residents 65 and older | 22.8% | -3.6 pts | +1.5 pts |
| Average commute (minutes) | 30 | 5% lower | 6% higher |
| Homes built 2010 or later | 9.2% | -0.4 pts | -5.0 pts |
| Median property tax paid | $1,922 | 3% higher | 30% lower |
Census survey figures are 2020 to 2024 averages; methods.
Living in Spring Hill
Unincorporated Hernando County community on the Nature Coast north of Tampa, founded in 1967 as a planned community.
As an unincorporated area, Spring Hill follows Hernando County rules for zoning, permits and short term rentals.
Known for: Pasco Hernando State College Spring Hill Campus; Nature Coast Botanical Gardens; TGH Spring Hill
Development and roads: The Suncoast Parkway (2001) made Tampa an easy commute.
Next to the rest of Hernando County, Census median rent runs higher ($1,440 vs $1,298 countywide); the population is younger (22.8% age 65 or older vs 26.4%); fewer homes are seasonal or vacation homes (2.1% vs 4.9%) and households are larger (2.60 vs 2.49 people).
Cities with similar prices and rents: Plant City ($291,800, $1,409), Jacksonville ($293,700, $1,465), University (Orange County) ($298,900, $1,445).
Growth and housing
Yearly population estimates are not published for Census designated places; the county trend is the best guide. Hernando County grew 14% from 2020 to 2025.
The typical home here was built around 1993. Most housing is single family (88.3%). Households average 2.60 people.
Out of state arrivals: 3.3% of residents a year, versus 3.1% countywide.
Risks to price in
| Risk item | Detail |
|---|---|
| County average homeowners insurance with wind | $2,360 a year |
| Coastal county | check flood zone and elevation per address |
Flood, storms and jobs
Flood insurance here follows Hernando County, which holds CRS class 5 (25% discount). For county flood claims, disaster history and jobs, see the Hernando County guide (5.6% of homes there are in high risk zones).
Buying a home in Spring Hill
| 2026 loan limits (county) | Amount |
|---|---|
| FHA, one unit | $541,287 |
| Conforming, one unit | $832,750 |
| Median home value here | $288,500 |
Price to income: 4.2x, compared with 4.2x for the county.
- Conventional: the most common loan in Hernando County.
- FHA: the Spring Hill median of $288,500 fits under the $541,287 limit.
- VA: veterans are 10% of adults.
Investing in Spring Hill
Long term rentals
| Spring Hill | vs Hernando County | |
|---|---|---|
| Renter occupied homes | 19.7% | +2.2 pts |
| Rental vacancy | 6.7% | -1.0 pts |
| Rent as share of renter income | 32.6% | +0.3 pts |
Short term rentals
Vacation home share is below the county (2.1% vs 4.9%), so nightly demand here is thinner.
| Short term rental taxes | Rate |
|---|---|
| County tourist development tax | 5% |
| State sales tax | 6% plus any county surtax |
Rules vary street by street; verify zoning and HOA limits early. State rules
Property types
| Housing stock | Share |
|---|---|
| Single family detached | 88.3% |
| Buildings with 5+ units | 5.1% |
| Manufactured homes | 2.9% |
Nearby
Other Florida markets
Sources
- U.S. Census Bureau, American Community Survey 2020 to 2024 5 year estimates. 2020 to 2024.
- U.S. Census Bureau, Population Estimates, Vintage 2025. July 1, 2025.
- U.S. Census Bureau, Building Permits Survey, 2025 annual. 2025.
- FFIEC HMDA Data Browser, originated loans. 2025 and 2024.
- LendingTree: 2026 FHA loan limits in Florida by county (HUD figures). 2026.
- Florida Realtors: FHFA sets 2026 conforming loan limits. 2026.
- Florida Office of Economic and Demographic Research: 2026 local option tourist tax rates. 2026.
- Florida Office of Insurance Regulation, July 2026 Insurance Stability Unit report (average homeowners premium with wind, as of March 31, 2026). March 31, 2026.
- Freddie Mac Primary Mortgage Market Survey. week of October 22, 2026.
- Wikipedia: List of counties in Florida. checked October 2026.
- U.S. Census Bureau county adjacency file. 2024.
- Wikipedia county article and statewide lists (colleges, teams, airports); Florida Defense Support Task Force installation map. checked October 2026.
- Wikipedia article for this place (history, setting, roads). checked October 2026.
- Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted. September 2026.
- Federal Housing Finance Agency House Price Index (county annual, metro and state quarterly, all transactions). through Q2 2026.
- U.S. Census Bureau, Building Permits Survey, January to September 2026 and 2025. September 2026.
- FEMA OpenFEMA, NFIP Residential Penetration Rates. as of August 2026.
- FEMA OpenFEMA, FIMA NFIP Redacted Claims (2000 to 2026). as of September 2026.
- FEMA OpenFEMA, NFIP Community Status Book (Community Rating System class). August 2026.
- FEMA OpenFEMA, Disaster Declarations Summaries (2000 to 2026). October 2026.
- U.S. Census Bureau, County Business Patterns 2023. 2023.
- U.S. Census Bureau, ACS 2020 to 2024, median gross rent by bedrooms (B25031). 2020 to 2024.
- Hurricane landfalls: Wikipedia, List of Florida hurricanes (2000 to present). checked October 2026.
Estimates from public data; they change over time. General information, not investment, tax or legal advice, and not a loan offer. Methods and assumptions.