Howard County · Big Spring · population 22,541
Where Big Spring stands
17% off 5-year peak. home values up 5.0% in the last year. population shrinking 3.6% per year.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent vs buy
At a 9.4 price-to-rent ratio, buying generally beats renting in Big Spring on a long-enough horizon. The headline math is that one year of mortgage payments approximates 9.4 years of rent — well below the 15+ threshold where ownership starts to dominate.
How the momentum score breaks down
methodology →Big Spring is 17% off its 5-year peak and turning back up (+5.0% in the last year). Classic 'bought back the dip' setup — risk is that the trend reverses, reward is that it doesn't and you got in early.
Big Spring's population is shrinking 3.6% per year. Housing demand has to come from somewhere — if people are leaving, the buyer pool is shrinking faster than the inventory. That eventually shows up in price.
About Big Spring
Big Spring is a city in Howard County, Texas, with an estimated population of 22,541. The population has contracted 3.6% per year on average since 2020. The median home value in Big Spring is $145,516 as of 2026-04, up 5.0% over the last 12 months. Over the last five years, home values have averaged -3.6% annual growth, and the market currently sits about 17% below its 5-year peak. Rents in Big Spring average $1,288 per month. The composite momentum score is 33 of 100 (Cooling). Buyers may find more room to negotiate; sellers should price realistically.
▲ Bull case
▼ Bear case
Playbook
You have leverage. Negotiate price, ask for closing-cost credits, and don't waive inspection. Walk-away power is real in a Cooling market — use it.
Price aggressively (at or below recent sold comps) or be prepared to wait. Concessions — rate buydowns, closing costs, repair credits — are how deals close right now.
Cap rates are more attractive than they were 12 months ago but the appreciation tailwind is gone. Confirm tenant demand, vacancy rates, and exit liquidity before committing capital.
Local safety & alerts
No active National Weather Service alerts for Howard County right now.
Public-safety links are official .gov sources, not curated by us. Howard County routes NWS alerts; check the state EM portal for non-weather emergencies.
Cities like Big Spring
Run the numbers for Big Spring
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Current weather
Find rentals & listings
Open current Big Spring listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local sports teams
Major professional teams the Big Spring area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
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