Springtown, TX76082

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$386,000
0.2% YoY Growth
Median Household Income
$93,600
51.5% 5-Year Growth
Days on Market
61
3.0% Longer than last year
Home Price Forecast
0.1%
Median Rent
$1,830
3.5% YoY Growth
1-Bed Rent
$639
4.1% YoY Growth
2-Bed Rent
$1,300
11.8% YoY Growth
3-Bed Rent
$1,850
0.0% YoY Growth

Property Listings — Springtown, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in Springtown, TX is 61. This is a increase of 3.0% 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 42.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$460,0004.0%
Listing Count
246-3.0%
Listings as % of Homes2.1%-3.0%
Days on Market
613.0%
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Demographics — Springtown, TX

As of the latest ACS Survey released in 2023, Springtown, TX has a population of 24,300, which has increased by 28.4% over the past 5 years. Springtown, TX is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 15.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
24,30028.4%
% Under 18
25.5%9.0%
% Seniors
15.1%-3.2%
% WFH
8.1%80.0%
% w/ College Degree
15.6%9.9%
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As of the latest ACS Survey released in 2023, Springtown, TX is a predominantly white area, with 80.3% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Springtown, TX is hispanic, making up 12.9% of the population. Foreign-born residents account for 3.7% of the population in Springtown, TX, and this percentage has decreased by 9.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
80.3%-4.2%
% Black
0.6%50.0%
% Hispanic
12.9%-5.8%
% Asian
0.6%20.0%
% Foreign Born
3.7%-9.8%
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Mortgage and Risk — Springtown, TX

According to HUD data as of 2023, there were 471 mortgage originations in Springtown, TX, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Springtown, TX. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
471
% Conventional Loans
59.0%
% Government Loans
41.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Springtown, TX

As of 2024, the percent of homes in Springtown, TX under the Section 8 program is 7.0%. 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 Springtown, 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
76
Total Units Section 8
71
% Rentals under Section 8
7.0%
% Occupied Section 8
91.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$651$639$1,290
2 Bedroom$200$1,300$1,500
3 Bedroom$150$1,850$2,000
4 Bedroom$30$2,400$2,430

Affordability — Springtown, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.1
Median Home Price$386,000
Median Household Income$93,600

Springtown, TX — ZIP Code Boundary Map

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Frequently Asked Questions