Spring, TX—77386
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 $366,000, with a year-over-year change of -0.8%. 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 | $366,000 | -0.8% |
| Single Family | $366,000 | -0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $209,000 | -1.9% |
3 Bed | $283,000 | -1.7% |
4 Bed | $413,000 | -0.5% |
| 5 Bed | $595,000 | -1.0% |
% of Housing Stock
Rental Trends — Spring, TX
As of July '25, Rentcast reports the average rent in Spring, TX is $2,430, with a year-over-year rent change of 7.5%. Per bedroom, the median rent as of July '25 in Spring, TX is studios: $618, 1-bedrooms: $1,270, 2-bedrooms: $1,690, 3-bedrooms: $2,150, 4-bedrooms: $2,920. The most common rental property sizes in Spring, TX are 3-bedroom and 2-bedroom, accounting for 33.6% and 26.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,260 | $2,430 |
| Studio Rent | $580 | $618 |
| 1 Bed Rent | $1,280 | $1,270 |
| 2 Bed Rent | $1,720 | $1,690 |
| 3 Bed Rent | $2,100 | $2,150 |
| 4 Bed Rent | $2,630 | $2,920 |
% 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 58. This is a increase of 15.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $448,000 | 3.0% |
Listing Count | 386 | 30.0% |
| Listings as % of Homes | 0.8% | 30.0% |
Days on Market | 58 | 15.0% |
Demographics — Spring, TX
As of the latest ACS Survey released in 2023, Spring, TX has a population of 69,500, which has increased by 26.9% over the past 5 years. Spring, TX is a popular place for families, as children make up 33.2% of the population. The area has a highly educated workforce, with 49.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 69,500 | 26.9% |
% Under 18 | 33.2% | 4.1% |
% Seniors | 8.4% | 25.4% |
% WFH | 17.0% | 142.9% |
% w/ College Degree | 49.2% | 8.1% |
As of the latest ACS Survey released in 2023, Spring, TX is a predominantly white area, with 57.7% of the population identifying as white. The white population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Spring, TX is hispanic, making up 22.1% of the population. Foreign-born residents account for 14.7% of the population in Spring, TX, and this percentage has increased by 40.0% 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 | 57.7% | -5.4% |
% Black | 10.2% | -4.7% |
% Hispanic | 22.1% | 3.3% |
% Asian | 6.4% | 30.6% |
% Foreign Born | 14.7% | 40.0% |
Mortgage and Risk — Spring, TX
According to HUD data as of 2023, there were 1062 mortgage originations in Spring, TX, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Spring, TX. Investor activity is low, as 2.0% 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 | 1,062 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% 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 2.7%. 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 | 143 |
Total Units Section 8 | 143 |
% Rentals under Section 8 | 2.7% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $510 | $1,280 | $1,790 |
| 2 Bedroom | $420 | $1,720 | $2,140 |
| 3 Bedroom | $750 | $2,100 | $2,850 |
| 4 Bedroom | $960 | $2,630 | $3,590 |
Affordability — Spring, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $366,000 |
| Median Household Income | $130,000 |