Big Spring, TX home prices
Typical home $142,847 · +4.7% in a year · income needed $40,900
The Big Spring, TX metro area ranks 829 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +4.7% in a year and -15.4% over five years. With 20% down at 7.11%, the typical home costs about $953 a month including 0.95% property tax (Howard County rate).
Mortgage on the typical Big Spring home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $28,569 | $114,278 | $769 | $0 | $185 | $953 | $40,900 |
| 10% down | $14,285 | $128,563 | $865 | $54 | $185 | $1,103 | $47,300 |
| 5% down | $7,142 | $135,705 | $913 | $57 | $185 | $1,154 | $49,500 |
| 3.5% down (FHA) | $5,000 | $140,260 | $944 | $63 | $185 | $1,191 | $51,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.95% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Big Spring area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Howard County, TX | $142,857 | +4.8% | 0.95% |
What can you afford in Texas on your salary? · Texas home prices · Salaries in Texas
Frequently asked questions
How much is a house in Big Spring?
The typical home in the Big Spring, TX metro area is worth $142,847 (Zillow, September 2026).
What salary do you need to buy a house in Big Spring?
About $40,900 a year for the typical home with 20% down at 7.11%.