Spring Home Prices: $412K, Up 0.6% — 8 ZIPs Analyzed (2026)

$411,514. That’s what a typical home costs in Spring, TX right now. Prices are up 0.6% from a year ago — not a surge, not a slide, just a slow grind upward. If you’re watching this market, the story is stability.

Quick answer: The average home price in Spring, TX is $411,514 as of February 2026, up 0.6% year over year according to Zillow.

Current Home Prices in Spring

Spring sits in the Houston-The Woodlands-Sugar Land metro, one of the largest housing markets in the country. Here’s where prices stand right now.

A 0.6% annual gain translates to roughly $2,500 in added equity over 12 months. That barely outpaces inflation. Buyers aren’t facing bidding wars driven by rapid appreciation, and sellers aren’t watching their equity vanish. The market is flat in practical terms.

The price spread tells a bigger story. The gap between the cheapest and most expensive ZIP code is $339,474 — meaning some Spring neighborhoods cost more than double what others do. Where you buy matters as much as when you buy.

Spring’s position in the northern Houston suburbs puts it within commuting distance of The Woodlands, downtown Houston, and the Energy Corridor. That geographic flexibility supports a wide range of price points across a relatively small area.

Spring Home Prices by Neighborhood

Eight ZIP codes make up the Spring market. The differences between them are stark.

Most Expensive

77382 leads Spring at $581,046 — 41% above the city median. Rents here run $2,158/month, the second-highest in the area, reflecting the premium buyers and renters pay for this location.

77381 follows closely at $561,223 with the highest rents in Spring at $2,310/month. This is the only ZIP where rent tops $2,300.

77389 rounds out the top three at $505,778. Interestingly, rents here are a modest $1,693 — lower than several cheaper ZIP codes, which could signal stronger owner-occupancy rates.

Most Affordable

77373 is the entry point to Spring at $241,572, less than half the citywide median. Despite the low home values, rents hit $1,791 — higher than four other ZIP codes, making it a potential target for investors.

77388 comes in at $294,890, about 28% below the city average. Rents of $1,777 are proportionally high relative to home values here.

77379 at $361,444 is the third most affordable. It also has the lowest rent in Spring at $1,484/month, offering the most budget-friendly option for both buyers and renters.

Rent vs Buy in Spring

Rent data is available for all eight Spring ZIP codes. Here’s how the numbers compare.

The citywide median home value is $411,514. Assuming a 20% down payment ($82,303), a 30-year mortgage at 7% on the remaining $329,211 comes to roughly $2,190/month in principal and interest alone. Add property taxes (Texas has no state income tax but property taxes run high — typically 2-2.5% of assessed value) and homeowner’s insurance, and you’re looking at $3,200-$3,500/month in total housing costs.

Rents across Spring range from $1,484 in ZIP 77379 to $2,310 in ZIP 77381. Even at the high end, renting is significantly cheaper than buying on a monthly basis.

The mortgage estimates above use the same 20% down, 7% rate assumption for each ZIP. They exclude taxes and insurance.

For most Spring ZIP codes, renting costs less per month than owning. The gap is widest in the premium ZIPs — 77382 and 77381 — where monthly mortgage payments on a median-priced home would exceed $2,900 before taxes. Buying makes the most financial sense in the lower-priced ZIPs where the rent-to-price ratio is higher, but even there, the math favors renting on a pure cash-flow basis until rates come down or prices dip.

Spring Housing Market Trends

Here’s how the Spring market moved month by month over the past year.

The year followed a clear pattern. Prices edged down from March through August 2025, bottoming at $407,760. Then a steady climb began — six consecutive months of gains through February 2026.

Something else stands out. The floor kept dropping. ZIP-level minimums fell from $248,528 to $241,572 over the year, meaning the most affordable pockets of Spring got cheaper while the overall market rose. The ceiling, meanwhile, climbed from $573,639 to $581,046. The price gap between Spring’s cheapest and priciest neighborhoods widened by about $14,000 in twelve months.

Month-over-month gains have been small — $441 from January to February — but consistent. No single month saw a dramatic jump or drop.

Is Spring a Good Place to Buy in 2026?

The data points to a balanced market. A 0.6% annual gain is essentially flat — neither buyers nor sellers have a strong upper hand.

For buyers, the lack of rapid appreciation means less urgency. You’re unlikely to get priced out next month. The wide range of ZIP codes also gives you options: $241K in 77373 versus $581K in 77382 means you can buy into Spring at very different price points without leaving the area.

For sellers, the steady upward trend since August 2025 is encouraging, but don’t expect a windfall. Pricing competitively matters more in a flat market than in a hot one.

Texas-specific factors work in your favor as a buyer: no state income tax frees up cash, though high property taxes offset some of that benefit. Spring’s location in the Houston metro gives you access to one of the country’s largest job markets.

If you’re deciding between renting and buying, the math currently favors renting on monthly costs — but ownership builds equity, even at 0.6% appreciation. Run the numbers for your specific ZIP code.

Spring Housing Market Outlook for 2026-2027

The six-month upward streak from August 2025 through February 2026 suggests prices have momentum, even if it’s modest. If the current pace continues — roughly $600-$700/month in gains — the citywide median could reach the $415,000-$418,000 range by mid-2026.

The 12-month trend shows no signs of a correction. There was no month with a decline of more than $1,000, and the recovery from the mid-2025 dip was smooth and gradual. That kind of pattern typically continues absent an external shock — a major employer leaving, a spike in interest rates, or a regional economic downturn.

The widening gap between Spring’s cheapest and most expensive neighborhoods is worth watching. If premium ZIPs keep climbing while affordable ones decline, the citywide median could mask diverging conditions on the ground.

Similar Markets in TX

If you’re considering Spring, these nearby Texas markets offer different price points.

• Houston — Spring’s parent metro. Houston proper typically runs below Spring’s median, giving you more square footage per dollar.
• Katy — Another Houston suburb on the west side. Katy draws a similar buyer profile to Spring with strong schools and suburban amenities.
• Sugar Land — Southwest of Houston, Sugar Land competes with Spring for families seeking suburban living with metro access.
• Dallas — A different metro entirely, but Dallas offers comparison for buyers weighing Houston-area versus DFW-area markets.
• Frisco — North Dallas suburb that mirrors Spring’s position as a premium suburban community within a major metro.

Frequently Asked Questions

What is the average home price in Spring?

The average home price in Spring, TX is $411,514 as of February 2026. This figure represents the median across all eight ZIP codes in the Spring area. Individual neighborhoods range from $241,572 in ZIP 77373 to $581,046 in ZIP 77382.

Are home prices going up or down in Spring?

Prices are up 0.6% year over year. After a slight dip from March through August 2025, the market reversed and posted six consecutive months of gains. The increases are small — a few hundred dollars per month — but the direction has been consistently upward since fall 2025.

Is it cheaper to rent or buy in Spring?

Renting is cheaper on a monthly basis. Median rents range from $1,484 to $2,310 across Spring’s ZIP codes. A mortgage on the citywide median home — even with 20% down at 7% — runs about $2,190/month before taxes and insurance. Add those in, and buying costs $3,200+ per month in most areas.

What is the most affordable neighborhood in Spring?

ZIP code 77373 has the lowest median home value at $241,572, which is 41% below the Spring average. Despite being the cheapest area to buy, rents in 77373 run $1,791/month — higher than several more expensive ZIP codes, which may reflect strong rental demand in this price tier.

Methodology

Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.