Real estate Home Edition
CONTRIBUTIONS BY LIZZY SPANGLER BY DANICA LLOYD
2025
Welcome to your annual CI Home Edition! This guide highlights key real estate trends unique to your community. In this edition, we explore what’s happening with home insurance across the state and how that’s impacting Spring-Klein residents. Our team interviewed real estate experts, local insurance agents, state department officials and state lawmakers to help explain why home insurance rates continue to climb in Texas. We also learn more about how homeowners associations operate and find out which factors are affecting the local real estate market most. All of the stories were written by our team of local journalists, and all of the advertisements are from nearby businesses that support our mission to provide free, useful news.
What's inside
Learn the ins and outs of homeowners associations (Page 14)
Danica Lloyd Senior Editor dlloyd@ communityimpact.com
Find out why electric bills in Spring are higher than average (Page 15)
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Home inventory reaches 8-year high
Also of note
During the first three months of 2025, 45% of Harris County households could afford to buy a median- priced home in Spring, compared to a countywide average of 34%, according to HAR’s Q1 Housing and Rental Affordability Report released May 8. In the first quarter, the median price of a home in the Spring area was $252,990, with a minimum qualifying annual household income of $78,800. Harris County’s median home was $325,000, and its minimum qualifying income was $100,400, according to the report. Out of the 19 submarkets within Harris County, Spring was tied for the third-most affordable area. Alief and Humble were the only two submarkets where more people could afford the median home price, HAR reported.
pandemic affected inventory levels, which were as low as 0.47 months locally in February 2022. Homebuilders have since helped replenish that stock across the region, he said. “I think what we’re actually seeing right now is a normalizing of the market,” Cottar said at the June 10 Houston Northwest Chamber of Commerce luncheon. “We’re getting it back to something that’s more sustainable because those 3.5% interest rates ... are not sustainable.”
With 964 active home listings by the end of April, Spring-Klein had more than four months of inventory available for the first time since summer 2017, according to the Texas A&M Real Estate Research Center. Months of inventory measures how long it would take to sell all existing listings at the current sales pace. Shae Cottar, chair of the Houston Association of Realtors, said supply chain issues and record-low interest rates during the COVID-19
Spring-Klein active listings
964
0 200 400 600 800 1,000
192
808
2020
2021
2022
2023
2024
2025
CHART INCLUDES DATA FROM THE SPRING/KLEIN, SPRING/KLEIN/TOMBALL AND CHAMPIONS SUBMARKETS.
SOURCE: TEXAS A&M REAL ESTATE CENTER/COMMUNITY IMPACT
13
SPRING - KLEIN EDITION
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