Big Spring Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Big Spring averaged 6.64% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 7.06% and one month ago for the week of 2025-03-06, the average rate was 6.85%.

    Big Spring's average rate one year ago was 6.84%.

    For refis of the same type during the week of 2025-04-10, the average rate was 7.12%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    Big Spring 30 Year Fixed Rate 2025-04-10 6.64%
    Big Spring 30 Year Fixed Rate Refi 2025-04-10 7.12%
    Big Spring 15 Year Fixed Rate 2025-04-10 5.82%
    Big Spring 15 Year Fixed Rate Refi 2025-04-10 6.32%
    Big Spring 30 Year FHA 2025-04-10 6.65%
    Big Spring 30 Year FHA Refi 2025-04-10 6.23%
    Big Spring 30 Year USDA 2025-04-10 6.45%
    Big Spring 30 Year USDA Refi 2025-04-10 6.45%
    Big Spring 30 Year VA 2025-04-10 6.49%
    Big Spring 30 Year VA Refi 2025-04-10 6.29%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Big Spring, TX.

    Big Spring Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Big Spring, TX market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 9 6.70% $8,204
    SECURITYNATIONAL MORTGAGE COMPANY 8 7.26% $9,191
    PRIMARY RESIDENTIAL MORTGAGE, INC. 6 7.02% $6,205
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 6 6.94% $3,661
    UNITED WHOLESALE MORTGAGE, LLC 5 6.49% $5,831
    First National Bank Texas 4 6.53% $8,347
    S1L, Inc. 4 6.25% $4,980
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.87% $5,141
    Prosperity Bank 3 7.17% $3,774
    NAVY FEDERAL CREDIT UNION 3 6.88% $5,818
    BROKER SOLUTIONS, INC. 2 6.81% $4,989
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.87% $6,769
    HOMESIDE FINANCIAL, LLC 2 7.31% $8,505
    ROYAL UNITED MORTGAGE LLC 2 6.63% $19,516
    Wells Fargo Bank 2 6.56% $5,595
    GUILD MORTGAGE COMPANY 2 6.63% $11,142
    Mr. Cooper ( Nationstar Mortgage ) 1 7.49% $11,962
    NEXERA HOLDING LLC 1 9.38% $12,729
    PENTAGON FEDERAL CREDIT UNION 1 6.63% $3,894
    PLANET HOME LENDING, LLC 1 5.88% $5,592
    PNC Bank 1 6.38% $2,105
    PREMIER LENDING, INC. 1 7.49% $9,058
    RANDOLPH-BROOKS 1 6.63% $99
    SFMC, LP 1 7.13% $12,268
    T2 FINANCIAL LLC 1 6.50% $4,417
    Western Bank 1 6.50% $5,004
    Alliance Credit Union 1 6.00% $11,216
    ZILLOW HOME LOANS, LLC 1 6.50% $6,067
    Amarillo National Bank 1 6.50% $5,110
    AmeriHome Mortgage Company, LLC 1 6.99% $8,741
    BECKAM FUNDING CORP. 1 9.50% $12,605
    CROSSCOUNTRY MORTGAGE, LLC 1 10.13% $6,017
    First United Bank 1 6.13% $5,227
    FLAT BRANCH MORTGAGE, INC. 1 6.50% $5,897
    GECU 1 7.63% $4,074
    GUARANTEED RATE AFFINITY, LLC 1 6.13% $4,320
    GUARANTEED RATE, INC. 1 7.33% $5,785
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.99% $16,190
    HOMEXPRESS MORTGAGE CORP. 1 8.50% $13,793
    JPMorgan Chase Bank 1 5.99% $10,060
    LAKEVIEW LOAN SERVICING, LLC 1 6.63% $6,553
    LRS FINANCIAL NETWORK, INC. 1 6.49% $13,974
    MORTGAGE FINANCIAL SERVICES, LLC 1 6.88% $8,570

    Big Spring Average Closing Costs & Other Stats

    Big Spring, TX's 43 lenders originated 356 loans during 2024. The total origination value was $79,120,000, with an average loan value of $222,247.

    Big Spring's average closing costs are $6,482.

    The top Big Spring lender as defined by loan originations is QUICKEN LOANS, LLC, with 9 loans originated. Their average total fees are $8,204, which is $986 lower than the next largest lender, SECURITYNATIONAL MORTGAGE COMPANY.

    The lowest fee Big Spring lenders (with over 10 loans originated) are .

    The lowest rate Big Spring lenders (with over 10 loans originated) are .

    Big Spring, TX Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    COLLIERS MORTGAGE LLC $6,015,000 n/a 7.6%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $6,885,000 $5,365,000 -22.1% 6.8%
    QUICKEN LOANS, LLC $8,110,000 $5,280,000 -34.9% 6.7%
    SECURITYNATIONAL MORTGAGE COMPANY $4,000,000 $4,255,000 6.4% 5.4%
    Mortgage Research Center, LLC $2,800,000 $3,055,000 9.1% 3.9%
    BancorpSouth $3,005,000 n/a 3.8%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $695,000 $2,810,000 304.3% 3.6%
    UNITED WHOLESALE MORTGAGE, LLC $1,490,000 $2,800,000 87.9% 3.5%
    Prosperity Bank $2,425,000 $2,790,000 15.1% 3.5%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $2,580,000 $2,730,000 5.8% 3.5%
    HOMESIDE FINANCIAL, LLC $2,640,000 n/a 3.3%
    First National Bank Texas $2,585,000 n/a 3.3%
    S1L, Inc. $2,330,000 n/a 2.9%
    21ST MORTGAGE CORPORATION $975,000 $1,630,000 67.2% 2.1%
    GUILD MORTGAGE COMPANY $155,000 $1,560,000 906.5% 2.0%
    FREEDOM MORTGAGE CORPORATION $185,000 $1,545,000 735.1% 2.0%
    LOANDEPOT.COM, LLC $2,080,000 $1,390,000 -33.2% 1.8%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $845,000 $1,245,000 47.3% 1.6%
    TOWNE MORTGAGE COMPANY $1,120,000 n/a 1.4%
    ROYAL UNITED MORTGAGE LLC $230,000 $985,000 328.3% 1.2%
    BROKER SOLUTIONS, INC. $895,000 n/a 1.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,580,000 $855,000 -45.9% 1.1%
    Complex Community Federal Credit Union $220,000 $830,000 277.3% 1.0%
    JPMorgan Chase Bank $350,000 $785,000 124.3% 1.0%
    Western Bank $255,000 $715,000 180.4% 0.9%
    CARDINAL FINANCIAL $815,000 $700,000 -14.1% 0.9%
    First United Bank $335,000 $680,000 103.0% 0.9%
    NAVY FEDERAL CREDIT UNION $125,000 $680,000 444.0% 0.9%
    MUTUAL OF OMAHA MORTGAGE, INC. $170,000 $635,000 273.5% 0.8%
    LRS FINANCIAL NETWORK, INC. $1,470,000 $610,000 -58.5% 0.8%
    VANDERBILT MORTGAGE AND FINANCE, INC. $155,000 $610,000 293.5% 0.8%
    Secured Investment Corp. $595,000 n/a 0.8%
    NATIONS RELIABLE LENDING, LLC $590,000 n/a 0.7%
    PNC Bank $510,000 $570,000 11.8% 0.7%
    Strong Home Mortgage, LLC $545,000 $545,000 0.0% 0.7%
    AmeriHome Mortgage Company, LLC $165,000 $520,000 215.2% 0.7%
    FLAT BRANCH MORTGAGE, INC. $510,000 n/a 0.6%
    HOMEXPRESS MORTGAGE CORP. $485,000 n/a 0.6%
    Alliance Credit Union $135,000 $470,000 248.1% 0.6%
    PREMIER LENDING, INC. $425,000 n/a 0.5%
    MORTGAGE FINANCIAL SERVICES, LLC $410,000 $420,000 2.4% 0.5%
    T2 FINANCIAL LLC $935,000 $420,000 -55.1% 0.5%
    Wells Fargo Bank $205,000 $415,000 102.4% 0.5%
    Flagstar Bank, FSB $395,000 n/a 0.5%
    AMERICAN PACIFIC MORTGAGE CORPORATION $365,000 n/a 0.5%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $350,000 n/a 0.4%
    CALCON MUTUAL MORTGAGE LLC $215,000 $340,000 58.1% 0.4%
    PLANET HOME LENDING, LLC $340,000 n/a 0.4%
    Lakeview Community Capital, LLC $335,000 n/a 0.4%
    Flanagan State Bank $325,000 n/a 0.4%
    NEXERA HOLDING LLC $305,000 n/a 0.4%
    SFMC, LP $305,000 n/a 0.4%
    Amarillo National Bank $295,000 n/a 0.4%
    Equity Prime Mortgage LLC $285,000 n/a 0.4%
    GUARANTEED RATE AFFINITY, LLC $265,000 n/a 0.3%
    PLAZA HOME MORTGAGE, INC. $250,000 n/a 0.3%
    GUARANTEED RATE, INC. $525,000 $245,000 -53.3% 0.3%
    Vista Bank $245,000 n/a 0.3%
    GECU $240,000 n/a 0.3%
    MID AMERICA MORTGAGE, INC. $240,000 n/a 0.3%
    BECKAM FUNDING CORP. $235,000 n/a 0.3%
    Mr. Cooper ( Nationstar Mortgage ) $380,000 $235,000 -38.2% 0.3%
    MICHIGAN MUTUAL, INC. $225,000 n/a 0.3%
    Discover Bank $210,000 n/a 0.3%
    EECU $205,000 n/a 0.3%
    LAKEVIEW LOAN SERVICING, LLC $205,000 n/a 0.3%
    NBKC BANK $205,000 n/a 0.3%
    THE MORTGAGE LINK, INC. $205,000 n/a 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $200,000 n/a 0.3%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $195,000 n/a 0.2%
    A&D Mortgage LLC $185,000 n/a 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $225,000 $185,000 -17.8% 0.2%
    Bank of America $155,000 n/a 0.2%
    First American Bank $155,000 n/a 0.2%
    PENTAGON FEDERAL CREDIT UNION $400,000 $155,000 -61.3% 0.2%
    SOUTHWEST FUNDING, LP $155,000 n/a 0.2%
    ZILLOW HOME LOANS, LLC $155,000 n/a 0.2%
    Northpointe Bank $145,000 n/a 0.2%
    SOUTHPOINT FINANCIAL SERVICES, INC. $125,000 n/a 0.2%
    LIMA ONE CAPITAL, LLC $75,000 $115,000 53.3% 0.1%
    RANDOLPH-BROOKS $115,000 n/a 0.1%
    City Bank $105,000 n/a 0.1%
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION $95,000 n/a 0.1%
    NEW DAY FINANCIAL, LLC $95,000 n/a 0.1%

    Big Spring's top lender by overall market share is COLLIERS MORTGAGE LLC, with 7.6% market share. In second place, with 6.8%, is PRIMARY RESIDENTIAL MORTGAGE, INC., having originated $5,365,000 in loans. In third place, with 6.7%, is QUICKEN LOANS, LLC, having originated $5,280,000 in loans. In fourth place, with 5.4%, is SECURITYNATIONAL MORTGAGE COMPANY, having originated $4,255,000 in loans. In fifth place, with 3.9%, is Mortgage Research Center, LLC, having originated $3,055,000 in loans.

    Big Spring Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Big Spring (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $154,000 (1.7%) $189,361 (7.0%) 0.00 128
    2018-02-01 $150,000 (2.4%) $189,151 (10.3%) 0.00 108
    2018-03-01 $157,900 (7.8%) $193,124 (12.4%) 0.00 91
    2018-04-01 $159,950 (3.2%) $184,125 (1.7%) 0.00 89
    2018-05-01 $162,475 (1.6%) $172,830 (-4.2%) 0.00 87
    2018-06-01 $175,000 (7.9%) $189,213 (4.8%) 0.00 81
    2018-07-01 $181,000 (11.0%) $203,879 (12.5%) 0.00 85
    2018-08-01 $169,900 (6.3%) $200,898 (11.6%) 0.00 89
    2018-09-01 $159,900 (-0.1%) $204,242 (15.1%) 0.00 89
    2018-10-01 $159,750 (-1.7%) $206,844 (19.7%) 0.00 83
    2018-11-01 $158,900 (-0.6%) $207,300 (19.0%) 0.00 75
    2018-12-01 $150,000 (-5.7%) $196,530 (9.2%) 0.00 71
    2019-01-01 $179,500 (16.6%) $221,485 (17.0%) 0.00 66
    2019-02-01 $180,950 (20.6%) $222,979 (17.9%) 0.00 64
    2019-03-01 $180,500 (14.3%) $231,853 (20.1%) 0.00 61
    2019-04-01 $182,525 (14.1%) $241,444 (31.1%) 0.00 61
    2019-05-01 $178,075 (9.6%) $245,855 (42.3%) 0.00 69
    2019-06-01 $169,450 (-3.2%) $229,349 (21.2%) 0.00 77
    2019-07-01 $170,750 (-5.7%) $227,539 (11.6%) 0.00 101
    2019-08-01 $161,973 (-4.7%) $220,763 (9.9%) 0.00 108
    2019-09-01 $155,182 (-3.0%) $216,737 (6.1%) 0.00 108
    2019-10-01 $149,425 (-6.5%) $214,052 (3.5%) 0.00 110
    2019-11-01 $149,450 (-6.0%) $215,531 (4.0%) 0.00 122
    2019-12-01 $156,750 (4.5%) $213,132 (8.5%) 0.00 131
    2020-01-01 $169,200 (-5.7%) $211,681 (-4.4%) 0.00 124
    2020-02-01 $153,750 (-15.0%) $202,504 (-9.2%) 0.00 114
    2020-03-01 $155,000 (-14.1%) $200,698 (-13.4%) 0.00 130
    2020-04-01 $156,675 (-14.2%) $209,228 (-13.3%) 0.00 132
    2020-05-01 $164,750 (-7.5%) $214,583 (-12.7%) 0.00 133
    2020-06-01 $166,700 (-1.6%) $207,893 (-9.4%) 0.00 119
    2020-07-01 $196,725 (15.2%) $219,792 (-3.4%) 0.00 114
    2020-08-01 $185,000 (14.2%) $219,647 (-0.5%) 0.00 116
    2020-09-01 $187,025 (20.5%) $214,484 (-1.0%) 0.00 116
    2020-10-01 $193,250 (29.3%) $216,193 (1.0%) 0.00 116
    2020-11-01 $185,000 (23.8%) $211,576 (-1.8%) 0.00 117
    2020-12-01 $173,000 (10.4%) $208,173 (-2.3%) 0.00 112
    2021-01-01 $179,000 (5.8%) $221,738 (4.8%) 0.00 91
    2021-02-01 $202,425 (31.7%) $214,532 (5.9%) 0.00 95
    2021-03-01 $192,200 (24.0%) $207,988 (3.6%) 0.00 99
    2021-04-01 $199,450 (27.3%) $220,383 (5.3%) 0.00 105
    2021-05-01 $207,550 (26.0%) $253,603 (18.2%) 0.00 117
    2021-06-01 $216,750 (30.0%) $270,484 (30.1%) 0.00 113
    2021-07-01 $220,000 (11.8%) $268,152 (22.0%) 0.00 128
    2021-08-01 $216,200 (16.9%) $228,059 (3.8%) 0.00 131
    2021-09-01 $198,000 (5.9%) $218,298 (1.8%) 0.00 136
    2021-10-01 $192,500 (-0.4%) $212,903 (-1.5%) 0.00 130
    2021-11-01 $175,000 (-5.4%) $207,433 (-2.0%) 0.00 121
    2021-12-01 $199,125 (15.1%) $220,230 (5.8%) 0.00 129
    2022-01-01 $199,900 (11.7%) $225,791 (1.8%) 0.00 132
    2022-02-01 $191,075 (-5.6%) $218,259 (1.7%) 0.00 120
    2022-03-01 $194,700 (1.3%) $224,481 (7.9%) 0.00 106
    2022-04-01 $198,975 (-0.2%) $234,569 (6.4%) 0.00 99
    2022-05-01 $192,000 (-7.5%) $228,889 (-9.8%) 0.00 103
    2022-06-01 $183,750 (-15.2%) $214,857 (-20.6%) 0.00 119
    2022-07-01 $194,500 (-11.6%) $217,506 (-18.9%) 0.00 131
    2022-08-01 $199,675 (-7.6%) $223,018 (-2.2%) 0.00 132
    2022-09-01 $197,000 (-0.5%) $220,157 (0.9%) 0.00 142
    2022-10-01 $197,000 (2.3%) $224,295 (5.4%) 0.00 140
    2022-11-01 $193,250 (10.4%) $221,693 (6.9%) 0.00 132
    2022-12-01 $195,000 (-2.1%) $220,922 (0.3%) 0.00 131
    2023-01-01 $188,000 (-6.0%) $214,789 (-4.9%) 0.00 131
    2023-02-01 $188,500 (-1.4%) $217,135 (-0.5%) 0.00 126
    2023-03-01 $193,713 (-0.5%) $224,201 (-0.1%) 0.00 121
    2023-04-01 $197,500 (-0.7%) $228,894 (-2.4%) 0.00 116
    2023-05-01 $206,000 (7.3%) $224,180 (-2.1%) 0.00 117
    2023-06-01 $195,000 (6.1%) $214,251 (-0.3%) 0.00 127
    2023-07-01 $199,000 (2.3%) $222,138 (2.1%) 0.00 135
    2023-08-01 $220,625 (10.5%) $237,654 (6.6%) 0.00 143
    2023-09-01 $227,000 (15.2%) $246,794 (12.1%) 0.00 146
    2023-10-01 $219,850 (11.6%) $245,202 (9.3%) 0.00 148
    2023-11-01 $216,625 (12.1%) $242,327 (9.3%) 0.00 151
    2023-12-01 $217,000 (11.3%) $236,922 (7.2%) 0.00 151
    2024-01-01 $222,500 (18.4%) $246,808 (14.9%) 0.00 137
    2024-02-01 $226,225 (20.0%) $247,512 (14.0%) 0.00 125
    2024-03-01 $232,400 (20.0%) $249,031 (11.1%) 0.00 129
    2024-04-01 $228,000 (15.4%) $248,705 (8.7%) 0.00 138
    2024-05-01 $226,500 (10.0%) $260,895 (16.4%) 0.00 141
    2024-06-01 $222,900 (14.3%) $261,113 (21.9%) 0.00 144
    2024-07-01 $219,500 (10.3%) $259,805 (17.0%) 0.00 153
    2024-08-01 $216,000 (-2.1%) $256,755 (8.0%) 0.00 153
    2024-09-01 $227,000 (0.0%) $268,012 (8.6%) 0.00 154
    2024-10-01 $238,125 (8.3%) $268,982 (9.7%) 0.00 149
    2024-11-01 $230,500 (6.4%) $262,960 (8.5%) 0.00 149
    2024-12-01 $226,125 (4.2%) $260,368 (9.9%) 0.00 145
    2025-01-01 $225,000 (1.1%) $256,967 (4.1%) 0.00 137
    2025-02-01 $241,000 (6.5%) $252,484 (2.0%) 0.00 143
    2025-03-01 $238,500 (2.6%) $252,762 (1.5%) 0.00 136
    Big Spring's median listing price for 2025-03-01 was $238,500, a difference of $6,100 (2.6%) versus the prior year and $-2,500 versus the prior month.

    Big Spring's median listing price comes in at 0% of the national average.

    Big Spring's average listing price for 2025-03-01 was $252,762, a difference of $3,731 (1.5%) versus the prior year and $278 versus the prior month.

    For the 2025-03-01 period, Big Spring had 136 MLS listings, a difference of -7 listings (-5%) versus the prior month and 7 listings (5%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Big Spring (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,777 sqft
    2018-02-01 0 days 1,806 sqft
    2018-03-01 0 days 1,811 sqft
    2018-04-01 0 days 1,824 sqft
    2018-05-01 0 days 1,803 sqft
    2018-06-01 0 days 1,871 sqft
    2018-07-01 0 days 1,805 sqft
    2018-08-01 0 days 1,796 sqft
    2018-09-01 0 days 1,817 sqft
    2018-10-01 0 days 1,810 sqft
    2018-11-01 0 days 1,734 sqft
    2018-12-01 0 days 1,722 sqft
    2019-01-01 0 days 1,812 sqft
    2019-02-01 0 days 1,817 sqft
    2019-03-01 0 days 1,841 sqft
    2019-04-01 0 days 1,908 sqft
    2019-05-01 0 days 2,037 sqft
    2019-06-01 0 days 1,952 sqft
    2019-07-01 0 days 1,776 sqft
    2019-08-01 0 days 1,715 sqft
    2019-09-01 0 days 1,706 sqft
    2019-10-01 0 days 1,690 sqft
    2019-11-01 0 days 1,672 sqft
    2019-12-01 0 days 1,698 sqft
    2020-01-01 0 days 1,700 sqft
    2020-02-01 0 days 1,711 sqft
    2020-03-01 0 days 1,692 sqft
    2020-04-01 0 days 1,740 sqft
    2020-05-01 0 days 1,735 sqft
    2020-06-01 0 days 1,702 sqft
    2020-07-01 0 days 1,735 sqft
    2020-08-01 0 days 1,704 sqft
    2020-09-01 0 days 1,749 sqft
    2020-10-01 0 days 1,802 sqft
    2020-11-01 0 days 1,775 sqft
    2020-12-01 0 days 1,748 sqft
    2021-01-01 0 days 1,793 sqft
    2021-02-01 0 days 1,827 sqft
    2021-03-01 0 days 1,801 sqft
    2021-04-01 0 days 1,811 sqft
    2021-05-01 0 days 1,836 sqft
    2021-06-01 0 days 1,836 sqft
    2021-07-01 0 days 1,813 sqft
    2021-08-01 0 days 1,755 sqft
    2021-09-01 0 days 1,717 sqft
    2021-10-01 0 days 1,618 sqft
    2021-11-01 0 days 1,632 sqft
    2021-12-01 0 days 1,671 sqft
    2022-01-01 0 days 1,702 sqft
    2022-02-01 0 days 1,702 sqft
    2022-03-01 0 days 1,723 sqft
    2022-04-01 0 days 1,644 sqft
    2022-05-01 0 days 1,601 sqft
    2022-06-01 0 days 1,644 sqft
    2022-07-01 0 days 1,712 sqft
    2022-08-01 0 days 1,757 sqft
    2022-09-01 0 days 1,779 sqft
    2022-10-01 0 days 1,669 sqft
    2022-11-01 0 days 1,669 sqft
    2022-12-01 0 days 1,679 sqft
    2023-01-01 0 days 1,614 sqft
    2023-02-01 0 days 1,669 sqft
    2023-03-01 0 days 1,705 sqft
    2023-04-01 0 days 1,663 sqft
    2023-05-01 0 days 1,852 sqft
    2023-06-01 0 days 1,826 sqft
    2023-07-01 0 days 1,704 sqft
    2023-08-01 0 days 1,807 sqft
    2023-09-01 0 days 1,810 sqft
    2023-10-01 0 days 1,795 sqft
    2023-11-01 0 days 1,781 sqft
    2023-12-01 0 days 1,759 sqft
    2024-01-01 0 days 1,886 sqft
    2024-02-01 0 days 1,847 sqft
    2024-03-01 0 days 1,883 sqft
    2024-04-01 0 days 1,873 sqft
    2024-05-01 0 days 1,861 sqft
    2024-06-01 0 days 1,819 sqft
    2024-07-01 0 days 1,790 sqft
    2024-08-01 0 days 1,747 sqft
    2024-09-01 0 days 1,800 sqft
    2024-10-01 0 days 1,753 sqft
    2024-11-01 0 days 1,743 sqft
    2024-12-01 0 days 1,750 sqft
    2025-01-01 0 days 1,750 sqft
    2025-02-01 0 days 1,821 sqft
    2025-03-01 0 days 1,828 sqft
    Big Spring's median listing age (time on market) for 2025-03-01 was 0 days.

    Big Spring's median square footage for active listings during the 2025-03-01 period was 1,828 sqft. One year prior, the average listing was 1,883 sqft.

    Big Spring, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 283 $59,075,000 $208,746
    Refi 32 $7,470,000 $233,438
    Cash Out Refi 23 $5,035,000 $218,913
    Home Improvement 12 $1,180,000 $98,333
    Other 6 $6,360,000 $1,060,000

    Big Spring's most frequently cited loan purpose was Home Purchase, with 283 originations. The 2nd most popular reason was Refi, with 32 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 143 $34,155,000 $238,846
    7-8% 92 $20,680,000 $224,783
    Over 8% 49 $7,125,000 $145,408
    5-6% 38 $9,250,000 $243,421
    <2.5% 17 $115,000 $6,765
    4-5% 2 $580,000 $290,000
    3-4% 1 $6,015,000 $6,015,000

    During 2024, Big Spring's most frequently originated rate bucket was 6-7%, with 143 originations.

    Loan Sizing (Big Spring, TX MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 136 $37,030,000 $272,279
    $100k-200k 127 $19,075,000 $150,197
    $100,000 or less 71 $3,995,000 $56,268
    $400k-600k 17 $7,795,000 $458,529
    $600k-1000k 3 $2,205,000 $735,000
    $Over $1MM 2 $9,020,000 $4,510,000

    Big Spring's loan sizing saw the bucket of loans from $200k-400k with 136 originations, totaling $37,030,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 215 $47,945,000 $223,000
    60-80% 56 $11,030,000 $196,964
    Under 20% 22 $3,210,000 $145,909
    40-60% 19 $3,515,000 $185,000
    Over 100% 12 $2,270,000 $189,167
    20-40% 8 $1,620,000 $202,500

    Big Spring's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 215 originations, totaling $47,945,000 in origination value.