Spring, TX—77389
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 $504,000, with a year-over-year change of 0.9%. This indicates that home prices in Spring, TX are flat. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $504,000 | 0.9% |
| Single Family | $504,000 | 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 | $300,000 | -2.0% |
3 Bed | $350,000 | -0.8% |
4 Bed | $513,000 | 0.8% |
| 5 Bed | $902,000 | 5.0% |
% of Housing Stock
Rental Trends — Spring, TX
As of July '25, Rentcast reports the average rent in Spring, TX is $2,680, with a year-over-year rent change of -23.2%. Per bedroom, the median rent as of July '25 in Spring, TX is studios: $1,490, 1-bedrooms: $1,420, 2-bedrooms: $1,940, 3-bedrooms: $2,490, 4-bedrooms: $3,500. The most common rental property sizes in Spring, TX are 2-bedroom and 1-bedroom, accounting for 23.5% and 22.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $2,680 |
| Studio Rent | $1,450 | $1,490 |
| 1 Bed Rent | $1,310 | $1,420 |
| 2 Bed Rent | $1,870 | $1,940 |
| 3 Bed Rent | $2,300 | $2,490 |
| 4 Bed Rent | $3,300 | $3,500 |
% 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 54. This is a increase of 20.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $508,000 | -4.0% |
Listing Count | 258 | 36.0% |
| Listings as % of Homes | 0.9% | 36.0% |
Days on Market | 54 | 20.0% |
Demographics — Spring, TX
As of the latest ACS Survey released in 2023, Spring, TX has a population of 44,500, which has increased by 26.0% over the past 5 years. Spring, TX is a popular place for families, as children make up 31.3% of the population. The area has a highly educated workforce, with 55.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,500 | 26.0% |
% Under 18 | 31.3% | -3.7% |
% Seniors | 9.5% | -4.0% |
% WFH | 19.2% | 209.7% |
% w/ College Degree | 55.6% | 0.4% |
As of the latest ACS Survey released in 2023, Spring, TX is a predominantly white area, with 52.9% of the population identifying as white. The white population has shrunk by 12.4% in the last 5 years. The second most common race or ethnicity in Spring, TX is hispanic, making up 29.6% of the population. Foreign-born residents account for 21.7% of the population in Spring, TX, and this percentage has increased by 11.3% 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 | 52.9% | -12.4% |
% Black | 7.1% | 26.8% |
% Hispanic | 29.6% | 13.4% |
% Asian | 6.1% | 27.1% |
% Foreign Born | 21.7% | 11.3% |
Mortgage and Risk — Spring, TX
According to HUD data as of 2023, there were 646 mortgage originations in Spring, TX, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Spring, TX. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 646 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Spring, TX
As of 2024, the percent of homes in Spring, TX under the Section 8 program is 2.2%. 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 | 147 |
Total Units Section 8 | 147 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $500 | $1,310 | $1,810 |
| 2 Bedroom | $290 | $1,870 | $2,160 |
| 3 Bedroom | $580 | $2,300 | $2,880 |
| 4 Bedroom | $330 | $3,300 | $3,630 |
Affordability — Spring, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $504,000 |
| Median Household Income | $145,000 |