Neighborhood Profile

Research Forest

Spring, TX | Montgomery County
Scored premium profile
Best Neighborhoods USA Index
70.8
National rank: #1,212 of 14,967
Stability and Strength
75.7
Score
Value Opportunity
75.3
Score
Momentum
56.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSpring, TX
CountyMontgomery County
National rank#1,212 of 14,967
State rank#94 of 1,241
City rank#3 of 8
County rank#2 of 7
National percentile91.9
National bandTOP_10_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$656,175
Year-over-year home value change0.8%
Month-over-month home value change0.22%
Home value to income ratio4.14
Median household income$158,378
Bachelor's degree or higher73.0%
Civilian unemployment rate4.5%
Homeownership rate72.3%
Housing vacancy rate1.6%
Rent burden 30% or higher50.3%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Research Forest

What is the Best Neighborhoods USA ranking for Research Forest?

Research Forest is ranked #3 of 8 eligible neighborhoods in Spring; #94 of 1,241 eligible neighborhoods in TX; and #1,212 of 14,967 eligible neighborhoods in the United States.

Is Research Forest one of the best neighborhoods in Spring?

Research Forest has a Best Neighborhoods USA Index of 70.8 and a city ranking of #3 of 8 eligible neighborhoods in Spring.

How much are homes worth in Research Forest?

The current Zillow Home Value Index for Research Forest is approximately $656,175.

Are home values rising or falling in Research Forest?

Zillow neighborhood values changed 0.8% year over year and 0.22% month over month.

What is the Neighborhood Momentum Score for Research Forest?

Research Forest has a Neighborhood Momentum Score of 56.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Research Forest?

The NDS-derived neighborhood median household income is approximately $158,378.

How affordable is Research Forest relative to household income?

The current Zillow home-value-to-household-income ratio is 4.14. Price-to-income affordability is a major Value Opportunity input.

Is Research Forest primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 72.3%.

What is the unemployment rate in Research Forest?

The NDS-derived civilian unemployment rate is approximately 4.5%.

How educated are residents of Research Forest?

Approximately 73.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Research Forest face high rent burden?

Approximately 50.3% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Research Forest?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications49
Estimated originations29
Home-purchase applications25
Origination rate58.5%
Home-purchase share51.8%
Average application loan$385,801
Total application loan amount$18,858,387
National application rank#7,319 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 15.9% YoY; originations 11.4% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.

Texas Current Housing Market

Current housing market in Research Forest

A current-market snapshot based on active sale listings observed in the certified National Data System Texas housing refresh.

1
Active listings observed
$20,000,000
Median asking price
2,131.0
Median days on market
Observed asking-price range: $20,000,000 to $20,000,000 Newest listing observed: 2020-11-18 18:00:00-06:00
How this current-market geography is determined

Coverage basis: Exact Zillow neighborhood polygon matches.

1 exact polygon match. Exact Zillow polygon membership and supplemental Census Block Group association remain separate in the governed data. Supplemental associations are not represented as exact Zillow polygon membership.

Current listing observations are separate from BestNeighborhoodsUSA rankings and do not change neighborhood scores, ranks, historical Zillow trends, Census measures, or HMDA mortgage intelligence.