The Spring Texas real estate market has transitioned from a seller’s market to a balanced marekt. Number of available homes for sale has risen giving buyers increased negotiation leveraage. Longer days on market have buyers carefully reviewing options before submitting an offers. Sometimes buyers are viewing homes 2 to 3 times before deciding to place an offer. Elevated mortgage rates hovering in the mid 6% have impacted affordability leading some buyers to postpone purchases. Buyers are on the sidelines waiting for projected lower mortgage rates that haven’t materialized.
Sellers it’s time to get realistic on your pricing. A decrease in housing affordability due to increases in homeowners insurance, stable home prices, and stubbornly high mortgage interest rates has decreased the pool of buyers.
Here’s the need to know numbers on the Spring Texas real estate market:
Average Sales Price to List Price – 98%
Median Days on Market – 39. Average days on market is longer at 64.
Average Sales Price – $436,877
Number of New listings – 643
Number of Sold listings – 348
Number of Active listings – 1,525
Wondering how the real estate market is doing in your Spring Texas neighborhood? Is now the right time to tap into home equity? Reach out to Jill Wente, Top Spring Texas Realtor to get informed answers to the real estate questions running through your mind.
Market stats are from the Houston Association of Realtors for Spring Texas for properties classified as single family homes for the month of August 2025 or the Spring Texas zip codes of 77373, 77389, 77379, 77386, 77388.
