What to know before you move: cost, market timing, who it fits.
If you're considering a move to Big Spring, TX, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
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.
Prices have come off recent highs (-16.8% from peak). Buyers may have more room to negotiate; sellers should price realistically.
Reasons people move here
- Affordable AND rising: median home $145,516 with positive recent direction — rare combination most of the country can't offer.
- Quiet strength: +5.0% over the trailing year — not a melt-up, but the market is bid.
Things to know first
- Net out-migration: population shrinking 3.6% per year — services, schools, and tax base will follow.
- 17% off recent peak — buyers are getting through-the-cycle pricing, not the peak.
- Stagnant long-run trend: -0.4% 10-year CAGR plus flat population — appreciation case is weak.
More about Big Spring
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.