Spring, TX—77380
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Spring, TX
As of Oct '25, the median home price in Spring, TX is $375,000, with a year-over-year change of -0.6%. This indicates that home prices in Spring, TX are flat. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $375,000 | -0.6% |
| Single Family | $376,000 | -0.8% |
| Condos | $365,000 | 4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $288,000 | 0.0% |
3 Bed | $317,000 | -0.3% |
4 Bed | $510,000 | -0.6% |
| 5 Bed | $1,443,000 | 5.3% |
% of Housing Stock
Rental Trends — Spring, TX
As of July '25, Rentcast reports the average rent in Spring, TX is $2,300, with a year-over-year rent change of 12.7%. Per bedroom, the median rent as of July '25 in Spring, TX is studios: $1,360, 1-bedrooms: $1,620, 2-bedrooms: $2,260, 3-bedrooms: $2,810, 4-bedrooms: $3,200. The most common rental property sizes in Spring, TX are 1-bedroom and 2-bedroom, accounting for 45.0% and 35.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,300 |
| Studio Rent | $1,380 | $1,360 |
| 1 Bed Rent | $1,520 | $1,620 |
| 2 Bed Rent | $2,180 | $2,260 |
| 3 Bed Rent | $2,290 | $2,810 |
| 4 Bed Rent | $2,900 | $3,200 |
% of Rental Stock
Property Listings — Spring, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Spring, TX is 55. This is a increase of 5.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $587,000 | 25.0% |
Listing Count | 138 | 29.0% |
| Listings as % of Homes | 0.5% | 29.0% |
Days on Market | 55 | 5.0% |
Demographics — Spring, TX
As of the latest ACS Survey released in 2023, Spring, TX has a population of 31,200, which has increased by 20.4% over the past 5 years. Spring, TX is a moderately popular place for families, as children make up 17.2% of the population. The area has a highly educated workforce, with 51.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,200 | 20.4% |
% Under 18 | 17.2% | -5.0% |
% Seniors | 15.1% | 10.2% |
% WFH | 13.8% | 115.6% |
% w/ College Degree | 51.8% | 2.2% |
As of the latest ACS Survey released in 2023, Spring, TX is a predominantly white area, with 57.4% of the population identifying as white. The white population has shrunk by 10.3% in the last 5 years. The second most common race or ethnicity in Spring, TX is hispanic, making up 23.2% of the population. Foreign-born residents account for 22.3% of the population in Spring, TX, and this percentage has increased by 23.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 57.4% | -10.3% |
% Black | 7.1% | -18.4% |
% Hispanic | 23.2% | 11.5% |
% Asian | 7.2% | 44.0% |
% Foreign Born | 22.3% | 23.2% |
Mortgage and Risk — Spring, TX
According to HUD data as of 2023, there were 257 mortgage originations in Spring, TX, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Spring, TX. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 257 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Spring, TX
As of 2024, the percent of homes in Spring, TX under the Section 8 program is 4.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Spring, TX, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 465 |
Total Units Section 8 | 443 |
% Rentals under Section 8 | 4.5% |
% Occupied Section 8 | 96.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $1,520 | $1,630 |
| 2 Bedroom | -$230 | $2,180 | $1,950 |
| 3 Bedroom | $310 | $2,290 | $2,600 |
| 4 Bedroom | $370 | $2,900 | $3,270 |
Affordability — Spring, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $375,000 |
| Median Household Income | $84,500 |