Spring, TX—77388
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 $296,000, with a year-over-year change of -1.9%. This indicates that home prices in Spring, TX are decreasing. 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 | $296,000 | -1.9% |
| Single Family | $296,000 | -2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $210,000 | -3.7% |
3 Bed | $260,000 | -2.6% |
4 Bed | $318,000 | -1.5% |
| 5 Bed | $408,000 | -1.2% |
% of Housing Stock
Rental Trends — Spring, TX
As of July '25, Rentcast reports the average rent in Spring, TX is $2,040, with a year-over-year rent change of 1.0%. Per bedroom, the median rent as of July '25 in Spring, TX is 1-bedrooms: $1,370, 2-bedrooms: $1,710, 3-bedrooms: $1,940, 4-bedrooms: $2,510. The most common rental property sizes in Spring, TX are 3-bedroom and 2-bedroom, accounting for 27.6% and 23.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $2,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,450 | $1,370 |
| 2 Bed Rent | $1,740 | $1,710 |
| 3 Bed Rent | $1,880 | $1,940 |
| 4 Bed Rent | $2,420 | $2,510 |
% 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 17.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $329,000 | 0.0% |
Listing Count | 249 | 27.0% |
| Listings as % of Homes | 0.6% | 27.0% |
Days on Market | 55 | 17.0% |
Demographics — Spring, TX
As of the latest ACS Survey released in 2023, Spring, TX has a population of 52,900, which has increased by 6.9% over the past 5 years. Spring, TX is a popular place for families, as children make up 27.9% of the population. The area has a moderately educated workforce, with 34.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 52,900 | 6.9% |
% Under 18 | 27.9% | 9.0% |
% Seniors | 10.8% | -6.1% |
% WFH | 12.0% | 233.3% |
% w/ College Degree | 34.2% | -10.9% |
As of the latest ACS Survey released in 2023, Spring, TX is a predominantly white area, with 44.9% of the population identifying as white. The white population has shrunk by 15.1% in the last 5 years. The second most common race or ethnicity in Spring, TX is hispanic, making up 24.5% of the population. Foreign-born residents account for 14.8% of the population in Spring, TX, and this percentage has decreased by 6.9% 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 | 44.9% | -15.1% |
% Black | 20.2% | 80.4% |
% Hispanic | 24.5% | 0.8% |
% Asian | 8.1% | 2.5% |
% Foreign Born | 14.8% | -6.9% |
Mortgage and Risk — Spring, TX
According to HUD data as of 2023, there were 642 mortgage originations in Spring, TX, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Spring, TX. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 642 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Spring, TX
As of 2024, the percent of homes in Spring, TX under the Section 8 program is 3.7%. 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 | 276 |
Total Units Section 8 | 276 |
% Rentals under Section 8 | 3.7% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $300 | $1,450 | $1,750 |
| 2 Bedroom | $350 | $1,740 | $2,090 |
| 3 Bedroom | $910 | $1,880 | $2,790 |
| 4 Bedroom | $1,090 | $2,420 | $3,510 |
Affordability — Spring, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $296,000 |
| Median Household Income | $102,000 |