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There are currently 9,361 real estate properties in BIG SPRING, TX, with a median automated valuation model (AVM) price of $137,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in BIG SPRING, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in BIG SPRING, TX, is $166,601.00, with the most expensive house in BIG SPRING, TX, topping out at $3,676,800.00 and the cheapest home in BIG SPRING, TX, clocking in at $18,600.00. In other words, there’s something for every potential homebuyer or savvy investor in BIG SPRING, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in BIG SPRING, TX, is on a rollercoaster ride. The average rent price in BIG SPRING, TX, is $1,020.00. Indeed, when looking to rent in BIG SPRING, TX, you can expect to pay as little as $490.00 or as much as $2,320.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in BIG SPRING, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
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