79720
Big Spring, Texas.
Big Spring, Howard County, TX · Big Spring, TX metro · population 29,936
to buy the typical home at today's mortgage rate — +$145 (+25%) since Jan 2020.
- 1 year
- Up $5,988 +4%
- $133,529$139,517 since Sep 2025
- 5 years
- Down $26,352 -16%
- $165,868$139,517 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 79720$732
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in zip 79720 rose 4.5% over the past year — faster than the nation's +1.2%.
Asking rents in zip 79720 rose 5.9% over the past year — faster than the nation's +2.7%.
Owning the typical home in zip 79720 runs $477/mo less than renting one. The gap peaked at $573 in Mar 2026.
That is $975 a month against $1,452 rent: a $732 mortgage payment, plus $93 property tax and $149 insurance & upkeep.
Owning vs renting — zip 79720
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$975
- Renting$1,452
- Mortgage only$732
Property tax · $93/mo 0.80% of value a year — the ACS 2020-2024 median bill over the median home value for 3 counties
Insurance & upkeep · $149/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
This zip spans 4 counties: Howard County, TX 55% · Glasscock County, TX 35% · 48033 6% · Martin County, TX 4%
Zillow also publishes an index for the city itself: Big Spring, TX — measured over the city limits, which is a different area from this zip.
Asking rent — 79720
Against the Big Spring, TX metro and the national benchmark.
- 79720$1,452
- Big Spring$1,452
- United States$1,932
Typical home value — 79720
Mid-tier homes, smoothed and seasonally adjusted.
- 79720$139,517
- Big Spring$142,847
- United States$366,157
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.