Housing in Spearman, TX
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$121,807
Spearman vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Spearman is highlighted.
Median Home Value
36th%ilemost expensive$135,100show rank
Median Rent
16th%ilemost expensive rent$694show rank
Rent Burden
10th%ilehighest rent burden12.4%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$135,100
Median Rent
$694
Total Housing Units
1,300
Vacancy Rate
19.9%
Owner Occupied
74.1%
Renter Occupied
25.9%
Median Property Tax
$2,378
per year
Monthly Cost (w/ Mortgage)
$733
Housing Types
Single Family89.1%
Multi-Family7.8%
Mobile Home3.1%
The median home value in Spearman, TX is $135,100. According to Zillow, the home value index for Spearman is $121,807. The median rent is $694 per month (Census ACS). About 74.1% of housing units are owner-occupied. The median year homes were built is 1972. There are 1,300 total housing units.