Spearman, TX—79081
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Spearman, TX
Spearman, TX lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $120,000 | -8.0% |
| Single Family | $120,000 | -7.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Spearman, TX
Spearman, TX lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Spearman, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Spearman, TX is 74. This is a decrease of -42.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $134,000 | -3.0% |
Listing Count | 23 | 45.0% |
| Listings as % of Homes | 0.5% | 45.0% |
Days on Market | 74 | -42.0% |
Demographics — Spearman, TX
As of the latest ACS Survey released in 2023, Spearman, TX has a population of 3,220, which has decreased by -19.4% over the past 5 years. Spearman, TX is a popular place for families, as children make up 29.2% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,220 | -19.4% |
% Under 18 | 29.2% | -7.6% |
% Seniors | 14.3% | -11.2% |
% WFH | 1.5% | 36.4% |
% w/ College Degree | 27.7% | 118.1% |
As of the latest ACS Survey released in 2023, Spearman, TX is a predominantly white area, with 51.0% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Spearman, TX is hispanic, making up 47.8% of the population. Foreign-born residents account for 16.0% of the population in Spearman, TX, and this percentage has decreased by 28.6% 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 | 51.0% | -5.9% |
% Black | 0.3% | -40.0% |
% Hispanic | 47.8% | 4.6% |
% Asian | 0.2% | ∞% |
% Foreign Born | 16.0% | -28.6% |
Mortgage and Risk — Spearman, TX
According to HUD data as of 2023, there were 26 mortgage originations in Spearman, TX, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Spearman, TX. Investor activity is low, as 0.0% 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 | 26 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Spearman, TX
Spearman, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,280 |
| 4 Bedroom | N/A | N/A | $1,450 |
Affordability — Spearman, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $120,000 |
| Median Household Income | $67,500 |