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Big Spring city, TX

ZIP 79720 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 79720

Median Home Value
$146,500
Median Rent
$812
Affordability Snapshot
$40,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$941/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

15.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 79720 in Big Spring city, TX, a household would need roughly $40,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $941. That sits below the local median household income ($71,194), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
68.3%+4% vs US avg
x
Vacancy Rate
14.9%+44% vs US avg
x
Broadband Access
86.0%-1% vs US avg
x
4+ Bedrooms
1.1%-93% vs US avg
x
Built Pre-1939
6.8%-47% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
18.7%-62% vs US avg
x
Mortgage-Free
52.8%+38% vs US avg
x
$146,500
Home Value
$812
Rent
1967
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached74.2%
  • 1-unit attached1.9%
  • 2-9 units4.4%
  • 10+ units10.3%
  • Mobile home & other9.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$146,500
Median rent$812
Owner-occupied68.3%
Vacant14.9%
Price-to-income2.1x
Est. income to buy$40,000