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BIG SPRING, TX 79720

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The BIG SPRING, TX real estate market (79720) currently shows 159 active listings, with 23 pending sales. Homes are averaging 67 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are selling faster, averaging 67 days on market compared to 83 days last year.

The median listing price has fallen 15.3% year-over-year, from $229,450 to $194,450.

Whether you are buying or selling in BIG SPRING, TX, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 32,297  ·  Density: 12.6/mi²  ·  Median household income: $66,655

Typical home value: $130,481  ·  Homeownership: 66.4%

Market Overview

Active Listings
159
⇧ 11.2% vs 143 last year
Pending
23
14% pending ratio
Median Price
$194,450
⇩ 15.3% vs $229,450 last year
Average Price
$238,330
⇩ 3% vs $245,748 last year
Days on Market
67
⇩ 19.3% vs 83 days last year

Price Per Square Foot

Median $/sqft
$123
vs $123/sqft last year
Median Home Size
1,540 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 159 this year vs 143 last year
  • Days on market: 67 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $194,450 (-15.3% YoY)
  • Average: $238,330 (-3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 60.4 miles — 982 listings ($411,710,665 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
79720Big Spring, TX 797200.0 mi160$39,536,480$212,250$247,103
79782Stanton, TX 7978221.9 mi20$8,038,340$348,750$401,917
79512Colorado City, TX 7951235.3 mi41$5,832,414$115,000$142,254
79706Midland, TX 7970636.8 mi150$87,232,350$527,450$581,549
79703Midland, TX 7970339.3 mi43$15,455,619$268,750$359,433
79707Midland, TX 7970742.5 mi185$118,286,410$525,000$639,386
79517Fluvanna, TX 7951749.3 mi2$138,000$69,000$69,000
79765Odessa, TX 7976549.9 mi169$75,500,919$378,975$446,751
79762Odessa, TX 7976252.9 mi108$33,607,008$288,750$311,176
79545Roscoe, TX 7954556.6 mi13$2,460,679$169,500$189,283
76958Water Valley, TX 7695858.9 mi1$425,000$425,000$425,000
79549Snyder, TX 7954959.9 mi44$8,688,460$167,500$197,465
79764Odessa, TX 7976460.4 mi46$16,508,986$300,000$358,891

Frequently Asked Questions

How many homes are for sale in BIG SPRING, TX 79720?

As of March 2026, there are 159 active listings in BIG SPRING, TX (zip code 79720), compared to 143 the prior year.

What is the median home price in BIG SPRING, TX 79720?

The median listing price in BIG SPRING, TX 79720 is $194,450 as of March 2026, a 15.3% decrease from $229,450 the prior year.

How long do homes stay on the market in BIG SPRING, TX?

Homes in BIG SPRING, TX 79720 spend an average of 67 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in BIG SPRING, TX 79720?

Based on current inventory and days-on-market data as of March 2026, BIG SPRING, TX 79720 is currently a Balanced Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are selling faster, averaging 67 days on market compared to 83 days last year.

How much can I save on real estate commission in BIG SPRING, TX?

With SELL123.com's maximum 3% commission, sellers in BIG SPRING, TX 79720 save an estimated $3,889 compared to a typical 5% commission on the median listing price of $194,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.