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Spring Hill, TN Real Estate


According to census data in the year 2000 there were 2,871 housing units in Spring Hill. This represents a 395% growth from 580 in 1990.

Of those housing units, 2,332 were located in either urbanized areas or urban clusters, and 539 were located in what is classified as a rural area.

Homeownership rate in Spring Hill is about 86.5%. Spring Hill's vacancy rate, including seasonal lodging, is about 6.6%. Average household size is 2.91 people.

The majority of houses, apartments or condos in Spring Hill were built after 1996.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom3.30%
Two Bedrooms11.70%
Three Bedrooms65%
Four Bedrooms18.80%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.01
Median year structure was built1996
Median Value of occupied units$145,300
Median Price asked for vacant units$144,000

Rented Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1991
Median Monthly Rent asked for vacant units$625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.90%
Home Equity Loan10.40%
Simple Mortgage74.20%
Debt Free7.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs22.8%