Spring, TX—77382
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 $576,000, with a year-over-year change of 1.3%. This indicates that home prices in Spring, TX are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $576,000 | 1.3% |
| Single Family | $589,000 | 1.2% |
| Condos | $271,000 | -1.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $327,000 | -2.4% |
3 Bed | $389,000 | 0.0% |
4 Bed | $625,000 | 0.8% |
| 5 Bed | $1,032,000 | 2.5% |
% of Housing Stock
Rental Trends — Spring, TX
As of July '25, Rentcast reports the average rent in Spring, TX is $2,830, with a year-over-year rent change of -4.7%. Per bedroom, the median rent as of July '25 in Spring, TX is 1-bedrooms: $1,250, 2-bedrooms: $1,930, 3-bedrooms: $2,510, 4-bedrooms: $3,540. The most common rental property sizes in Spring, TX are 1-bedroom and 2-bedroom, accounting for 30.5% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,830 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,210 | $1,250 |
| 2 Bed Rent | $1,750 | $1,930 |
| 3 Bed Rent | $2,390 | $2,510 |
| 4 Bed Rent | $3,100 | $3,540 |
% 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 49. This is a increase of 12.0% 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 | $525,000 | 6.0% |
Listing Count | 166 | 19.0% |
| Listings as % of Homes | 0.6% | 19.0% |
Days on Market | 49 | 12.0% |
Demographics — Spring, TX
As of the latest ACS Survey released in 2023, Spring, TX has a population of 40,200, which has remained stable by 0.8% over the past 5 years. Spring, TX is a popular place for families, as children make up 29.2% of the population. The area has a highly educated workforce, with 70.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,200 | 0.8% |
% Under 18 | 29.2% | -12.6% |
% Seniors | 11.5% | 33.7% |
% WFH | 20.3% | 116.0% |
% w/ College Degree | 70.8% | 7.4% |
As of the latest ACS Survey released in 2023, Spring, TX is a predominantly white area, with 67.0% of the population identifying as white. The white population has shrunk by 5.0% in the last 5 years. The second most common race or ethnicity in Spring, TX is hispanic, making up 16.1% of the population. Foreign-born residents account for 18.6% of the population in Spring, TX, and this percentage has decreased by 9.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 67.0% | -5.0% |
% Black | 4.0% | -18.4% |
% Hispanic | 16.1% | -3.6% |
% Asian | 8.9% | 43.5% |
% Foreign Born | 18.6% | -9.3% |
Mortgage and Risk — Spring, TX
According to HUD data as of 2023, there were 678 mortgage originations in Spring, TX, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Spring, TX. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 678 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Spring, TX
As of 2024, the percent of homes in Spring, TX under the Section 8 program is 0.0%. 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. In Spring, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $710 | $1,210 | $1,920 |
| 2 Bedroom | $540 | $1,750 | $2,290 |
| 3 Bedroom | $660 | $2,390 | $3,050 |
| 4 Bedroom | $750 | $3,100 | $3,850 |
Affordability — Spring, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $576,000 |
| Median Household Income | $170,000 |