Zip 79720 (Big Spring, TX) Housing


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The housing median value in 79720 Big Spring, TX is $116,200, which is considerably lower than the US House Median Value of $338,100. The one-year appreciation rate for houses in 79720 Big Spring, TX is 4.71%, which is significantly lower than the US 1 year House Appreciation rate of 8.27%. Despite the lower appreciation rate and median value compared to the U.S., housing in 79720 Big Spring, TX still remains a great investment opportunity due to its affordability and potential for growth over time.

The median home cost in Big Spring (zip 79720) is $116,200. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Big Spring (zip 79720) is up 7.2%.

Average Age of Homes
- The median age of Big Spring (zip 79720) real estate is 54 years old
The Rental Market in Big Spring (zip 79720)
- Renters make up 27.7% of the Big Spring (zip 79720) population
- 3.0% of houses and apartments in Big Spring (zip 79720), 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

  HousingBig Spring, TexasUnited States
  13,267.0139,647,020.0
  5542
  $116,200$338,100
  7.2%16.6%
  34.1%57.0%
  67.3%101.1%
  $12.86$10.98
  $1,571$2,690
  58.3%57.4%
  12.8%11.2%
  28.9%31.4%
  Vacant Housing
  3.0%1.9%
  0.3%0.4%
  0.5%0.7%
  0.1%0.4%
  0.6%3.6%
  8.4%4.1%
  Value of Owner-Occupied Housing
  5.9%2.6%
  8.0%2.4%
  11.3%2.8%
  7.9%3.9%
  7.0%4.5%
  20.4%11.3%
  21.0%13.0%
  9.4%20.1%
  5.7%13.6%
  1.8%8.3%
  1.1%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%
  5.3%13.6%
  5.3%13.6%
  6.8%13.6%
  7.8%13.2%
  15.7%14.8%
  6.8%13.6%
  24.4%10.0%
  7.0%4.7%
  4.3%12.2%
Commute