Spring Hill 34608

Hernando County, FL · 15,007 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

53affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
28.8%
stretched
Days on market
39
daily
Price cuts
28.1%
of active
Valuation
-34.9%
vs assessor
Look up an address
47
/100
Mixed
cooling · balanced · prices easing year-over-year.
Price trend
35
Affordability
65
Valuation
35
Economic health
53

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

51/ 100SellerBalancedBuyer
Balanced Market
DOM: 61d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)60
Supply & Demand (20%)100
Buy vs Rent (15%)25
Cancellation Rate (10%)25
Days on Market (5%)75

Balanced market in 34608. List price is roughly fair — focus on condition and value. Payment burden: 28.8% of median income. Median days on market: 61. Renting is approximately 7% cheaper than buying (price-to-rent ratio: 12.8). Market appears 11% overpriced vs. assessed values.

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
COOLINGBALANCED

Market is cooling with expanding inventory. Conditions are balanced between buyers and sellers. Prices down 1.9% YoY.

Address lookup$99 report path

Look Up an Address in 34608

Just type the street — we'll auto-scope the search to ZIP 34608.

Actions
Export, share, or compare this ZIP
Compare
Get alerts when this market changes

Market snapshoteach number, once

Median price
$295,124
▾ 1.9% YoY
Days on market
39
daily · zip_data
Median rent
$1,916
ZORI
Investor score
74/100
cash-flow lens
Active listings
160
90-day

Valuation3 lenses, different anchors

vs assessor
-34.9%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$192,100
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+77.8%
County-wide market — the widest, slowest signal.
Hernando+77.8%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$108
Price-to-income4.7×

Unlock Vacancy Data

Available with Lotvox Pro — $29/mo.

Start free trial
How 34608 ranks in FL
percentile vs all Florida ZIPs · n=1098
Market velocity86%
Supply tightness54%
Affordability59%
Investment yield78%
Appreciation48%

Affordability, supply & momentum

38SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply13.7 mo
Days on Market39d
Inv vs History-15.3%
Listing Density11.2/1k
Affordability — payment burden
Monthly payment (P&I)$1,491
Payment burden28.8%
Median income · ZIP$62,197
Mortgage rate6.49% · 30yr
Total monthly own$1,786
Monthly rent$1,916
Market dynamics
Price cut %28.1%
Momentumcooling
LeverageBALANCED
Months of supply13.7
Sales (90d)0
Investment analysis
Median rent$1,916
Price-to-rent12.8
Est. cap rate5.1%
Buy vs rentfavors buying

Livability

Walk score2
Transit score2
Bike score

Unlock Historical Trends

Available with Lotvox Pro — $29/mo.

Start free trial

Hernando County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

Unlock County Economic Data

Available with Lotvox Pro — $29/mo.

Start free trial

Nearby ZIP codes