Spring, TX—77379
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 $362,000, with a year-over-year change of -1.1%. This indicates that home prices in Spring, TX are decreasing. 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 | $362,000 | -1.1% |
| Single Family | $365,000 | -0.8% |
| Condos | $126,000 | -9.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $196,000 | -3.4% |
3 Bed | $281,000 | -1.7% |
4 Bed | $381,000 | -0.8% |
| 5 Bed | $521,000 | -1.0% |
% of Housing Stock
Rental Trends — Spring, TX
As of July '25, Rentcast reports the average rent in Spring, TX is $2,140, with a year-over-year rent change of -10.8%. Per bedroom, the median rent as of July '25 in Spring, TX is 1-bedrooms: $1,160, 2-bedrooms: $1,500, 3-bedrooms: $2,170, 4-bedrooms: $2,640. The most common rental property sizes in Spring, TX are 2-bedroom and 1-bedroom, accounting for 29.3% and 29.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,140 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,160 |
| 2 Bed Rent | $1,450 | $1,500 |
| 3 Bed Rent | $2,050 | $2,170 |
| 4 Bed Rent | $2,500 | $2,640 |
% 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 57. 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $392,000 | -5.0% |
Listing Count | 432 | 20.0% |
| Listings as % of Homes | 0.7% | 20.0% |
Days on Market | 57 | 20.0% |
Demographics — Spring, TX
As of the latest ACS Survey released in 2023, Spring, TX has a population of 83,200, which has increased by 4.0% over the past 5 years. Spring, TX is a popular place for families, as children make up 27.7% of the population. The area has a highly educated workforce, with 49.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 83,200 | 4.0% |
% Under 18 | 27.7% | 3.4% |
% Seniors | 13.4% | 5.5% |
% WFH | 17.4% | 210.7% |
% w/ College Degree | 49.4% | 2.9% |
As of the latest ACS Survey released in 2023, Spring, TX is a predominantly white area, with 49.4% of the population identifying as white. The white population has shrunk by 18.6% in the last 5 years. The second most common race or ethnicity in Spring, TX is hispanic, making up 23.6% of the population. Foreign-born residents account for 18.6% of the population in Spring, TX, and this percentage has increased by 9.4% 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 | 49.4% | -18.6% |
% Black | 11.5% | 17.3% |
% Hispanic | 23.6% | 41.3% |
% Asian | 10.8% | 0.9% |
% Foreign Born | 18.6% | 9.4% |
Mortgage and Risk — Spring, TX
According to HUD data as of 2023, there were 1064 mortgage originations in Spring, TX, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 36.0% 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. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,064 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Spring, TX
As of 2024, the percent of homes in Spring, TX under the Section 8 program is 1.0%. 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 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 | 99 |
Total Units Section 8 | 99 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $380 | $1,100 | $1,480 |
| 2 Bedroom | $320 | $1,450 | $1,770 |
| 3 Bedroom | $310 | $2,050 | $2,360 |
| 4 Bedroom | $470 | $2,500 | $2,970 |
Affordability — Spring, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $362,000 |
| Median Household Income | $111,000 |