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.