Featured neighborhood: Prestonwood Forest, 77070

Located near the intersection of Cypresswood Drive and Schroeder Road, Prestonwood Forest is zoned to Cy-Fair ISD and comprises 784 single-family homes.

Median home value: $298,000*

Homes on the market: 1**

Homes under contract: 5**


Median annual property taxes: $7,046

Median price per square foot: $120.85*

Average days on the market: 57**

*Sold in the last 90 days


**As of June 1


Build-out year: 1979

HOA dues (estimated): $735 annually

Schools: Hancock Elementary School, Bleyl Middle School, Cypress Creek High School


Property taxes (in dollars):

Cy-Fair ISD - 1.2948

Harris County - 0.34373

Harris County Flood Control District - 0.03055


Port of Houston Authority - 0.00799

Harris Health System - 0.14831

Harris County Department of Education - 0.0049

Lone Star College System - 0.1078


Harris County Emergency Services District No. 13 - 0.091852

Harris County ESD 11 - 0.029336

Total (per $100 valuation): 2.059268

Year-over-year market data: May

Across all Spring-area ZIP codes, data shows fewer homes sold in May than did in May 2022. The median home sales price declined across most ZIP codes with the exception of 77066, 77068, 77388 and 77389, which saw increases. ZIP code 77069 saw the biggest percentage drop at nearly 15%.