Similar to the surrounding areas, it is substantially less expensive compared to the rest of the nation. Compared to the city of Midland, it's substantially less expensive.
Home prices
The median home in Big Spring is valued at $90,500. In comparison to its nearby areas it is roughly $2,180 (2%) higher.It is about $127,000 (58%) lower in comparison to the nation as a whole, and compared to the city of Midland is about $129,000 (58%) lower.
Rents
Big Spring's median rent is $879 a month. This is approximately $237 (36%) higher in comparison to its surrounding areas.Compared to the country as a whole it is about $183 (17%) lower, and is approximately $383 (30%) lower compared to the city of Midland.
Nearby places
Sand Springs
Sand Springs is approximately 7 miles northeast from Big Spring. Housing prices there are a bit less expensive. The median home in Sand Springs costs $78,900, which comes out to $11,600 (14%) lower than Big Spring. Rents there are somewhat less expensive. Sand Springs's median rent is $825 a month, which is $54 (6%) lower than Big Spring.
Coahoma
Coahoma is approximately 9 miles northeast of Big Spring. The real estate prices there are a little more expensive. Coahoma's median home price is $111,600, which comes out to $21,100 (18%) higher than Big Spring. Rents there are a little less expensive. In Coahoma the median rent is $783 a month, which comes out to $96 (12%) lower than Big Spring.
Forsan
Forsan is about 11 miles southeast of Big Spring. The housing prices there are somewhat less expensive. The price of the median home in Forsan is $72,500, which is $18,000 (24%) lower than Big Spring. The rent there is significantly less expensive. In Forsan the median rent is $408 per month, which is $471 (115%) lower than Big Spring.
Stanton
Stanton is about 18 miles southwest from Big Spring. Real estate prices there are a bit more expensive. The median home value in Stanton is $114,800, which works out to $24,300 (21%) higher than Big Spring. Its rents are substantially less expensive. The median monthly rent in Stanton is $596, which is $283 (47%) lower than Big Spring.
Ackerly
Ackerly is approximately 24 miles northwest of Big Spring. Its real estate prices are significantly less expensive. The median home cost in Ackerly is $63,800, which comes out to $26,700 (41%) lower than Big Spring. Its rents are substantially less expensive. Ackerly's median rent is $600 a month, which is $279 (46%) lower than Big Spring.
