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Spring Hill - Tennessee - More for the Money

By
Real Estate Agent with Keller Williams Realty TN R.E. License 292369

Spring Hill, TN is the community just south of Nashville on I-65.  Sitting on the Williamson and Maury county line Spring Hill has grown from the sleepy farm community to a happening little town.  

 

Many home shoppers with a desire to get the most house for their money will find the quiet convenience of Spring Hill very gratifying.  Still easy access to the Nashville area and it's bedroom communities of Franklin, and the like, Spring Hill has great shopping, dining, parks and venues for recreation, parks and historical sites.

 

Home sales have picked back up to pre-recession days and prices have made it back to those levels in most cases.  The chart below is taken directly from local MLS date for Spring Hill for 2014 through today's date of August 5th 2014.  The 665 closed properties to date is slightly behind last year's pace but this may be accounted for the lack of new inventory.  This is reflected by the price increase of an average of 7% over last years average sales price and the trend toward slightly larger homes selling.

 

 

 Active  380 Properties Found
  Square Feet Bedrooms Full Baths Half Baths List Price Sales Price Days on Market
MIN 1,034 0 0 0 $64,900 $0 1
AVG 2,586 3.61 2.5 0.59 $283,564 $0 65
MEDIAN 2,590 4 2 1 $264,450 $0 47
MAX 6,664 6 5 2 $889,000 $0 970
  Closed  665 Properties Found
  Square Feet Bedrooms Full Baths Half Baths List Price Sales Price Days on Market
MIN 975 0 0 0 $55,000 $55,000 0
AVG 2,353 3.48 2.38 0.51 $250,385 $248,238 65
MEDIAN 2,270 3 2 1 $229,900 $224,900 52
MAX 5,413 5 4 2 $525,000 $500,895 919
  Pending  156 Properties Found
  Square Feet Bedrooms Full Baths Half Baths List Price Sales Price Days on Market
MIN 1,000 2 1 0 $99,900 $0 0
AVG 2,460 3.57 2.44 0.55 $273,044 $0 51
MEDIAN 2,397 3 2 1 $239,945 $0 45
MAX 4,724 6 4 2 $575,000 $0 311

 

Once the home of the Saturn manufacturing plant where Chevy Traverse are now built the job market here remains strong.  Affiliated suppliers and support operations continue to pop-up in the area.  

 

The area is rich in history dating back to the original Native American hunting area to early settlers who used the rich land to farm.  The civil war saw the battle of Spring Hill where Union and Confederates fought for position leading to the Battle of Franklin. 

 

Still in the 20th Century the town became known nationally for the breeding of livestock and many mansions and plantations still remain from the pre civil war days.  In the late 1980s General Motors built its Saturn Manufacturing Plant and employed close to 8,000 hourly and salary workers in its hay day.  Today they build other GM products and employ around 2,000 people.

 

When it is all said and done the growth and popularity of Spring Hill has been about  more than any single company's location.  It has thrived as a bedroom community to Nashville and its location on the I-65 and Rte 840 (bypass) corridor has made the homes there a great value.  Affordable quality homes in great neighborhoods are there to find, simply call your Realtor®.  They know the area and where to find the best values.

 

 

 

Posted by

Franklin TN, Brentwood TN and Nashville Tennessee Real Estate

 
Keller Williams Realty
   
 
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Keller Williams Realty - Franklin
9175 Carothers Pkwy, Ste 110 | Franklin, TN 37067 | 615-778-1818
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The opinions expressed by The Activerain Network and it's members and those providing comments are theirs alone, and do not reflect the opinions of Rodney Kennedy, Mike Nastri or Keller Williams Realty - Franklin, TN which is independently owned and operated. Neither Rodney Kennedy, Mike Nastri or Keller Williams Realty are responsible for the accuracy or content provided by The Community.
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Thanks for the facts, just the stats on your local real estate market

Aug 20, 2014 03:34 AM
Franklin & Brentwood, TN Homes Mike Nastri
Keller Williams Realty - Franklin, TN
It matters to us as much as it matters to you.

You are very welcome Andrew.

Aug 20, 2014 03:38 AM