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 Type | 0.30% |
| One Bedroom | 3.30% |
| Two Bedrooms | 11.70% |
| Three Bedrooms | 65% |
| Four Bedrooms | 18.80% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.01 |
| Median year structure was built | 1996 |
| Median Value of occupied units | $145,300 |
| Median Price asked for vacant units | $144,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1991 |
| Median Monthly Rent asked for vacant units | $625 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.90% |
| Home Equity Loan | 10.40% |
| Simple Mortgage | 74.20% |
| Debt Free | 7.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.8% |
