Market Overview
Home Prices in Big Spring, TX
The median home value in Big Spring, TX is $147,769 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and down 14.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Big Spring are priced64% below average. Big Spring is part of the Big Spring, TX metro area.
Over the past five years, Big Spring home values have fallen by approximately17.5%, reflecting softening conditions in this market.
Price History
Big Spring Home Price Trend
City Comparison
Big Spring vs. National Median
At $147,769, homes in Big Spring cost 64% below the national median of $410,000. This makes Big Spring a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Big Spring?
20% Down Payment
$29,554
on $147,769
Monthly P&I
$771/mo
30-yr @ 6.8%
Total Monthly Est.
~$979/mo
incl. taxes & insurance
Income Needed
$39,160
gross annual (30% rule)
10% Down Option
$14,777
+ PMI applies
Loan Amount (20% dn)
$118,215
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 Big Spring, TX?
The median home value in Big Spring is $147,769 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.7% year-over-year.
How much have home prices changed in Big Spring?
Over the past year, home values in Big Spring have increased by 3.7%. Over five years, prices have fallen approximately 17.5%.
How much do I need to earn to buy a home in Big Spring?
To comfortably afford the median home price of $147,769 with a 20% down payment ($29,554) at today's rates (6.8%), you'd need a gross annual income of approximately $39,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Big Spring compare to the national average home price?
The national median home value is approximately $410,000. At $147,769, homes in Big Spring are 64% below the national average.
What metro area is Big Spring part of?
Big Spring is part of the Big Spring, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.