The story of this market
The typical home in ZIP 79721 sells for about $175,500, or $115 per square foot.
Prices are down 2.8% from a year ago, which gives buyers more room to negotiate. Homes take about 66 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 79721 — Big Spring
The Big Spring housing market remains stable with a median price of $175,500, reflecting a slight year-over-year decline. Market activity is characterized by a 6-month supply of inventory and consistent demand from the local workforce. The area continues to function as a regional hub for Howard County with steady, albeit modest, economic indicators.
This area is best suited for local families and energy-sector workers seeking affordable housing options in a small-city environment.
Median prices moved down 2.8% year over year.
Homes spend a median of 66 days on market with 6.0 months of supply — a balanced-paced market.
19% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 14.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 79721, Howard County TX
Crime rates in Big Spring are generally consistent with regional trends for West Texas, though specific neighborhood variations exist.
The area is served primarily by the Big Spring Independent School District, which provides standard public education services for the region.
The region faces moderate risks related to wind and occasional severe weather typical of the Permian Basin, with standard insurance requirements for property owners.
Economic momentum is tied to the energy sector and regional agriculture, with Big Spring serving as a hub for Howard County.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Commuting is primarily car-dependent, with major access provided by U.S. Highway 87 and Interstate 20 connecting to regional employment centers.
Local amenities include Comanche Trail Park and various municipal facilities, with proximity to regional lakes and outdoor recreation areas.
The rental market is characterized by steady demand from the local workforce, with limited new multi-family construction reported.
The economy is heavily influenced by the oil and gas industry, healthcare services, and regional government administration.
Transportation is dominated by private vehicle use, with I-20 serving as the primary artery for regional transit.
Development is focused on maintaining existing infrastructure and supporting small-scale residential growth.
The Howard County Appraisal District manages property assessments for all taxing jurisdictions within the county.
Parcels are subject to levies from the Big Spring ISD and Howard College district.
Property insurance premiums are influenced by regional weather patterns, including wind and hail exposure.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Big Spring State Park4.51.5 mi
- Comanche Trail Park4.52.4 mi
- Big Spring Bowl A Rama4.42.1 mi
- Cinemark Cinema Big Spring 44.21.8 mi
- Hangar 25 Air Museum4.72.9 mi
- The Historic Spring Site4.62.1 mi
- Hangar 25 Air Museum4.72.9 mi
- Big Spring State Park4.51.5 mi
- Comanche Trail Park4.52.4 mi
- Russ McEwen Family Aquatic Center4.32.5 mi
- The Historic Spring Site4.62.1 mi
- Southridge RV Park in Big Spring4.41.4 mi
- Comanche Trail Municipal Golf Course4.32.5 mi
- Spring Town Plaza3.91.8 mi
- College Park Shopping Center41.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major municipal park featuring trails and recreational space.
Offers scenic views and hiking trails overlooking the city.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.