Mortgage Calculator for Spring, TX

Spring, TX Housing Market Overview

As of 2026, the median home price in Spring, TX is approximately $345,000. The Spring housing market has experienced steady growth over the past several years, with home values rising about 3-5% annually since 2022. Market activity remains robust, driven by demand from both families and investors. Price variation is significant across neighborhoods—planned communities like Gleannloch Farms and Augusta Pines often command higher median prices, while established areas such as Old Town Spring or North Spring tend to be more affordable.

Buyers in Spring can expect competitive listings, with homes typically spending around 25-35 days on the market. Inventory levels are moderate, but new construction in the northern and western portions of Spring continues to add supply.

Property Taxes in Spring, TX

Spring is located primarily in Harris County, with portions extending into Montgomery County. The effective property tax rate for most Spring homeowners typically ranges from 2.3% to 3.0% of assessed value as of 2026, depending on the neighborhood and specific taxing districts (such as municipal utility districts, or MUDs). This rate is somewhat higher than the Texas state average, due to local school district and infrastructure funding needs.

The median annual property tax bill in Spring is estimated around $7,500, but this can vary widely based on home value and location. Both Harris and Montgomery Counties offer standard homestead exemptions, as well as additional exemptions for seniors, disabled homeowners, and veterans. There are no city-specific property tax rates for unincorporated Spring, but some master-planned communities may have supplemental assessments.

Homeowners Insurance in Spring, TX

Homeowners insurance premiums in Spring, TX are influenced by several local risk factors. The area is not part of a coastal floodplain, but certain neighborhoods near Cypress Creek and Spring Creek may be at risk for flooding—flood insurance may be required in these zones. Severe weather, including hail and occasional tornadoes, also affects premiums.

As of 2026, the average annual homeowners insurance premium in Spring is approximately $2,100, varying by property type and location within Spring. For homes in designated flood zones, separate flood insurance can add $600–$1,000 per year. Wildfire risk is generally low, but wind and hail are primary concerns for insurers in the region.

Buying Costs in Spring, TX

Typical buyer closing costs in Spring range from 2% to 4% of the purchase price. These costs generally include lender fees, title insurance, escrow charges, appraisal fees, survey costs, and recording fees. Harris and Montgomery Counties do not assess a local transfer tax, and there are no city-specific real estate transfer taxes in Spring as of 2026.

Buyers should expect to pay for a home inspection (approximately $400–$600) and, in some cases, a separate termite or pest inspection. Title insurance rates are set by the Texas Department of Insurance but can vary depending on the purchase price and endorsements.

Spring Neighborhoods and Market

• Gleannloch Farms: Upscale master-planned community, homes typically from $400,000 to $900,000+.
• Augusta Pines: Golf course community; home prices often range from $450,000 to over $1 million.
• Windrose: Family-oriented, with homes generally between $350,000 and $600,000.
• Northgate Crossing and Imperial Oaks: Mid-range pricing, typical homes from $300,000 to $475,000.
• Old Town Spring and Spring Oaks: Older, more affordable homes—often in the $225,000 to $350,000 range.
• Birnam Wood, Cypresswood, and Spring Trails: Established neighborhoods with a mix of entry-level and mid-range options, $250,000 to $400,000.

Newer developments on the north and west edges of Spring may offer slightly lower prices and incentives for new construction.

Living and Working in Spring

Spring, TX is a popular suburb of Houston, located about 25 miles north of downtown. The cost of living in Spring is moderately lower than the national average, and slightly below the overall Houston metro area average, particularly in housing and transportation.

Major local employers include ExxonMobil’s campus just south of Springwoods Village, the Spring Independent School District, Memorial Hermann and St. Luke’s hospitals, and a range of logistics, energy, and technology firms. Many residents also commute to jobs in The Woodlands, Greenspoint, or downtown Houston.

Everyday living costs—utilities, groceries, and healthcare—are generally on par with the rest of north Houston, making Spring attractive for families and professionals seeking suburban amenities with access to major employment centers.

First-Time Buyer Programs in Spring, TX

First-time homebuyers in Spring may access down payment assistance and other support through several programs:

• Harris County Down Payment Assistance Program: Offers eligible buyers up to $23,800 in assistance for homes within Harris County, including many Spring neighborhoods.
• Montgomery County Home Fund: Provides assistance for down payment and closing costs for homes in Montgomery County portions of Spring. Eligibility is based on income and purchase price limits.
• City of Houston Programs: Some buyers in southern Spring may qualify for City of Houston programs if the home is within city limits or extraterritorial jurisdiction.
• Texas Statewide Assistance: The Texas State Affordable Housing Corporation (TSAHC) and Texas Department of Housing and Community Affairs (TDHCA) offer statewide programs, including grants, deferred loans, and mortgage credit certificates.

Eligibility criteria and funding availability can vary; I recommend checking with local housing agencies or a qualified mortgage advisor for current program details as of 2026.

Frequently Asked Questions