Market Overview
Home Prices in Spicewood, TX
The median home value in Spicewood, TX is $711,906 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3% compared to a year ago and down 4.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Spicewood are priced74% above average. Spicewood is part of the Austin-Round Rock-Georgetown, TX metro area.
Over the past five years, Spicewood home values have risen by approximately2.4%, reflecting modest growth in this market.
Price History
Spicewood Home Price Trend
City Comparison
Spicewood vs. National Median
At $711,906, homes in Spicewood cost 74% above the national median of $410,000. Buyers in Spicewood should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Spicewood?
20% Down Payment
$142,381
on $711,906
Monthly P&I
$3,713/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,716/mo
incl. taxes & insurance
Income Needed
$188,640
gross annual (30% rule)
10% Down Option
$71,191
+ PMI applies
Loan Amount (20% dn)
$569,525
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Spicewood, TX?
The median home value in Spicewood is $711,906 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3% year-over-year.
How much have home prices changed in Spicewood?
Over the past year, home values in Spicewood have decreased by 3%. Over five years, prices have risen approximately 2.4%.
How much do I need to earn to buy a home in Spicewood?
To comfortably afford the median home price of $711,906 with a 20% down payment ($142,381) at today's rates (6.8%), you'd need a gross annual income of approximately $188,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Spicewood compare to the national average home price?
The national median home value is approximately $410,000. At $711,906, homes in Spicewood are 74% above the national average.
What metro area is Spicewood part of?
Spicewood is part of the Austin-Round Rock-Georgetown, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.