Big Spring Metro Area, TX Housing

The housing market in Big Spring, TX Metro Area is on the upswing. The median house value is currently $127,000 and has appreciated by 15.68% over the past year, which is significantly higher than the US average of 8.27%. This makes it an attractive option for those looking to purchase a home in the area at a more affordable price point than other areas of the country. With its relatively low cost of living and growing job opportunities, Big Spring is becoming an increasingly popular place to settle down.

The median home cost in Big Spring Metro Area is $127,000. Home appreciation the last 10 years has been 67.7%. Home Appreciation in Big Spring Metro Area is up 7.4%.

Average Age of Homes

- The median age of Big Spring Metro Area real estate is 53 years old

The Rental Market in Big Spring Metro Area

- Renters make up 27.1% of the Big Spring Metro Area population
- 2.9% of houses and apartments in Big Spring Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Big Spring, Texas	United States
	13,887.0	139,647,020.0
	55	42
	$127,000	$338,100
	7.4%	16.6%
	34.5%	57.0%
	67.7%	101.1%
	$13.00	$10.98
	$1,576	$2,690
	58.7%	57.4%
	13.1%	11.2%
	28.2%	31.4%
Vacant Housing
	2.9%	1.9%
	0.3%	0.4%
	0.5%	0.7%
	0.2%	0.4%
	0.5%	3.6%
	8.7%	4.1%
Value of Owner-Occupied Housing
	5.9%	2.6%
	7.9%	2.4%
	11.3%	2.8%
	8.4%	3.9%
	7.1%	4.5%
	19.9%	11.3%
	20.5%	13.0%
	10.0%	20.1%
	5.8%	13.6%
	1.9%	8.3%
	0.9%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.5%	13.6%
	5.5%	13.6%
	6.6%	13.6%
	7.9%	13.2%
	15.6%	14.8%
	6.6%	13.6%
	24.0%	10.0%
	7.4%	4.7%
	4.4%	12.2%

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