Payne Springs, TX Housing Market

Homes for sale

The Payne Springs housing market is somewhat competitive. The median sale price of a home in Payne Springs was $295K last month, up 9.3% since last year. The median sale price per square foot in Payne Springs is $197, up 15.2% since last year.

Trends
Demand
Migration
Schools
Climate

Payne Springs Housing Market Trends

What is the housing market like in Payne Springs today?

In September 2024, Payne Springs home prices were up 9.3% compared to last year, selling for a median price of $295K.

$373K

Sale Price

+38.5%
since last year

$197

Sale $/Sq. Ft.

+15.2%
since last year

Under List Price

2.2%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Payne Springs and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Payne Springs add value to a home.

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How hot is the Payne Springs housing market?

Payne Springs is somewhat competitive. Homes sell in 43 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 43 days.
Hot homes
can sell for around list price and go pending in around 20 days.

Compare With Nearby Cities

Mabank

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 2% below list price and go pending in around 96 days.
Hot homes
can sell for around list price and go pending in around 39 days.

Canton

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 94 days.
Hot homes
can sell for around list price and go pending in around 48 days.

See more nearby cities and neighborhoods

Payne Springs Migration & Relocation Trends

In Dec '24 - Feb '25, 26% of Payne Springs homebuyers searched to move out of Payne Springs, while 74% looked to stay within the metropolitan area.

Where are people moving to Payne Springs from?

Across the nation, 2% of homebuyers searched to move into Payne Springs from outside metros.
Los Angeles homebuyers searched to move into Payne Springs more than any other metro followed by Seattle and San Francisco.

Where are people from Payne Springs moving to?

74% of Payne Springs homebuyers searched to stay within the Payne Springs metropolitan area.
Phoenix was the most popular destination among Payne Springs homebuyers followed by Austin and Houston.

Number of People Moving to Payne Springs

least

most

People are moving to Payne Springs from

Inbound		Net inflow
Metros		Dec '24 - Feb '25
1	Los Angeles, CA	1,916
2	Seattle, WA	1,259
3	San Francisco, CA	1,139
4	Miami, FL	854
5	Washington, DC	805
6	New York, NY	743
7	Chicago, IL	537
8	Richmond, VA	267
9	Boston, MA	224
10	Sacramento, CA	195

People are leaving Payne Springs for

Outbound		Net outflow
Metros		Dec '24 - Feb '25
1	Phoenix, AZ	1,960
2	Austin, TX	926
3	Houston, TX	723
4	San Antonio, TX	441
5	Oklahoma City, OK	349
6	Buffalo, NY	346
7	Tucson, AZ	315
8	Denver, CO	249
9	Rochester, NY	230
10	Tulsa, OK	224

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

Schools in Payne Springs

Learn about schools in the Payne Springs area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Payne Springs housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Payne Springs.

Provided by First Street Foundation

More real estate resources for Payne Springs

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