Median price for residential apartments in as of Jun, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
151 Big Spring, TX 79720, USA apartments for sale
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Big Spring
According to statistics, the population in Big Spring, TX amounts to 28,257, which shows decline 0% compared to the previous year. The median age of the city’s residents is 35. The average household income is $47,184, shifting decline -1% from the past year, and the average property value in Big Spring, TX growth 2% to $73,600 throughout the year.
| Population | 28,257 |
| Median Age | 34.9 |
| Poverty Rate | 16% |
| Household Income | $47,184 |
| Number Of Employees | 10,496 |
| Median Property Value | $73,600 |
Household Income
The average household income in Big Spring, TX declined from $47,465 to $47,184 in the past year. This data is an estimate based upon 7,903 households in Big Spring, TX . The chart below presents how household income is distributed in Big Spring, TX in comparison to the revenue allocation amid households nationally.
- USA
- Big Spring, TX
Property Value
According to data from last year, the average property value in Big Spring, TX shifted from $72,200 to $73,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Big Spring, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Big Spring, TX properties falls in the '$60,000 to $69,999' range, which is lower than the most significant median property across the country.
- USA
- Big Spring, TX
Rent vs. Own
- Rent61%
- Own39%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Big Spring, TX compared to median property taxes around the country. The prevalent amount of property taxes in Big Spring, TX equals $800, which is less than the national average.
- USA
- Big Spring, TX
Housing Trends
Big Spring, TX 79720, USA Housing Trends
Average sale in Big Spring: $281,175 (+46.7%)
| Apartment Size | Jun | vs Last Month |
|---|---|---|
| 2 bed apartments | $99,750 | +17.4% |
| 3 bed apartments | $202,060 | +11.4% |
| 4+ bed apartments | $362,731 | +12.9% |
During Jun 2021, the average price for an apartment in/near Big Spring, TX increased by 46.7% to $281,175.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $99,750. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $202,060. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $362,731 for a big-family home.
| Listing Type | Jun | vs Last Month |
|---|---|---|
| Houses for sale | $268,427 | +40% |
| Apartments for sale | $421,401 | N/A |
While assessing the property pricing Big Spring, TX, you can note that it remains flat with a price tag of $421,401. According to statistics, average house is still $268,427 with no significant changes this month.
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