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Sarah Mitchell

CNESRESABR

Compass Real Estate · Spring, TX

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Spring, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Spring, TX Housing Market

Balanced market-1.7% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Spring, TX is worth $363,173, fell 1.7% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $255,250, +2.1% year over year (through May 2026). With 3.6 months of supply and homes going under contract in about 61 days, Spring is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $363,173 home is about $1,939/mo in principal and interest.

Key numbers for Spring, TX

Typical home value

$363,173

-1.7% in 12 months

Zillow, August 2026

Typical asking rent

$1,795/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$255,250

+2.1% year over year

Redfin, through May 2026

Days on market

61

Slow-moving

Redfin, through May 2026

Active listings

303

3.6 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$86,888

Home costs 4.2x income

U.S. Census ACS, 2023

Sale-to-list ratio

98.4%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Spring a buyer's or seller's market?

Balanced market3.6 months of supply61 days on market98.4% of asking

Spring, TX is a balanced market, based on 3.6 months of supply and homes selling in about 61 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Spring housing market data show?

Every row below is Redfin's final published month for Spring, TX. Redfin, through May 2026

Housing market statistics for Spring, TX, Redfin through May 2026
MetricValue
Median sale price$255,250
Median list price$265,000
Year-over-year price change+2.1%
Median price per sq ft$129/sq ft
Median days on market61 days
Active inventory303 listings
Months of supply3.6 months
Sale-to-list price ratio98.4%
Homes sold (that month)84
New listings (that month)116
Listings with a price cut31.4%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Spring is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Spring is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Spring home prices moved?

Over the last three years the median sale price in Spring, TX fell 2.2%, from $260,990 to $255,250. The live Zillow value series has fell 1.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. 31.4% of Spring listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.6 months while the sale-to-list ratio slips below its current 98.4%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Spring?

Priced off the typical home value of $363,173 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Spring, TX
Down paymentCash at closeLoan amountMonthly P&I
20%$72,635$290,538$1,939/mo
5%$18,159$345,014$2,302/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,939, that implies roughly $83,092 a year before you add taxes and insurance. The median household in Spring earns $86,888, about $3,796 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.2x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Spring in the next 12 months?

Tell us your timeline. We send the Spring market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Spring?

Typical asking rent in Spring, TX is $1,795/mo, against a typical home value of $363,173. That is a price-to-rent ratio of 16.9x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $1,939 a month — $144 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Spring?

Active listings in Spring, TX went from 414 in May 2025 to 303 in May 2026, a -26.8% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Spring, TX
MonthActive listingsNew listings
June 2025419140
July 2025462151
August 2025432113
September 2025420101
October 2025420117
November 202538571
December 202535381
January 202634991
February 202633695
March 2026344133
April 2026330121
May 2026303116

Redfin, through May 2026

How does Spring compare to Texas and the U.S.?

Spring homes sell for $255,250 — 28% below the Texas median of $356,100. Against the national median of $410,700, Spring runs 38% lower. Year-over-year, Spring moved +2.1% against Texas's +2.1% — a bigger swing than the state as a whole.

Spring, TX compared with Texas and the United States
MarketMedian sale priceYoYDays on market
Spring, TX$255,250+2.1%61 days
Texas statewide$356,100+2.1%56 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Spring

What buyers should watch

  • Months of supply, currently 3.6. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 31.4%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $364 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $363,173 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Spring listing goes under contract in 61 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 98.4% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Spring added 116 new listings against 84 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved -1.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Spring varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Spring

There are currently 303 homes listed for sale in Spring, Texas. The median listing price is $265K.

Active listings

303

Homes on market

Median list price

$265K

Avg. days on market

61

Days until sale

New this week

116

Newly listed

Price drops:31.4%of listings
Sale-to-list:98.4%

How much do homes cost in Spring by property type?

How the Spring, TX market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Spring, TX
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$256,500$128/sq ft7864 days
Condo / co-op$264,500$218/sq ft136 days
Townhouse$219,500$148/sq ft645 days

Who lives in Spring?

American Community Survey estimates for Spring. U.S. Census ACS, 2023

Population

67,103

Households

21,972

Median income

$86,888/yr

Median age

33.6 years

Owner-occupied

74.8%

Median home value

$221,300

Median gross rent

$1,656/mo

Mean commute

31.6 min

74.8% of occupied homes in Spring are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $221,300 against Zillow's $363,173 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,656/mo, below Zillow's $1,795/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Spring?

29 schools tracked · 29,269 students

The largest public schools serving Spring, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

GRAND OAKS H S

Grades 9-12 · 3,739 students

Public

SPRING H S

Grades 9-12 · 2,760 students

Public

YORK J H

Grades 7-8 · 1,975 students

Public

CARL WUNSCHE SR H S

Grades 9-12 · 1,530 students

Public

RICKEY C BAILEY MIDDLE

Grades 6-8 · 1,028 students

Public

BRADLEY EL

Grades PK-4 · 1,022 students

Public

COX INT

Grades 5-6 · 1,016 students

Public

BROADWAY EL

Grades PK-4 · 998 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Spring, TX?

Ordered by distance from Spring, not by size. Compare Spring side by side with any of them.

Spring housing market FAQ

Is Spring a buyer's or seller's market?

Spring, TX is currently a balanced market. That read comes from 3.6 months of supply, homes going under contract in about 61 days, and sellers getting 98.4% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Spring?

The typical home in Spring, TX is worth $363,173 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $255,250, about $129 per square foot.

Is Spring cheaper than the rest of Texas?

Spring's median sale price of $255,250 is 28% lower than the Texas statewide median of $356,100, and 38% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Spring?

Homes in Spring, TX spent a median of 61 days on market before going under contract, versus 56 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Spring?

At the current 30-year fixed rate of 7.03%, 20% down on a $363,173 home is about $1,939 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $83,092 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $86,888.

Are home prices rising in Spring?

The typical home value in Spring, TX fell 1.7% over the last 12 months, from $369,500 to $363,173 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Spring?

Spring ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Spring?

That depends on your timeline, not on a headline. What the data says today: Spring, TX is a balanced market with 3.6 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 16.9x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $363,173, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.