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Housing in Big Spring

A typical Big Spring home is worth roughly $181,000

Typical home value
$181K
OH $249K
Estimate
2-bedroom rent
$1,080
a month, utilities in · HUD
Median tax bill
$1,743
OH $2,822

What kind of housing town is Big Spring?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 2.5 years of income

Less than across Ohio (3.5 years). Try your own numbers below.

You could afford about
$286,000
Typical Big Spring home $181K

That covers a typical Big Spring home, with $105K to spare.

The typical home, each month
$1,090
Loan $900Tax $150Insurance $50

A two-bedroom rents for about $1,080 a month here, $10 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Big Spring’s typical property tax (0.96% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

88% of Big Spring households own their home

Half of Big Spring’s homes were built before 1959.

Owners and renters
Own 88%Rent 12%

Ohio: 67% own.

1959
typical home built · OH 1970
$1,743
median property tax bill · OH $2,822
0.96%
of a home’s value, a year in tax · OH 1.31%

U.S. Census Bureau, American Community Survey 2020-2024.

Renting

A two-bedroom rents for about $1,080

Renters already here pay a median of $750, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$810
1 bedroom$840
2 bedrooms$1,080
3 bedrooms$1,350
4 bedrooms$1,510
12%
of households rent · OH 33%
61
renter households
8%
of renters spend 30%+ of income on rent · OH 46%
18%
of the median income, for a two-bedroom
$750
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Hancock County, OH): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Big Spring vs. its neighbors

Big Spring is the 2nd least expensive of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2021Median income
Big Spring$181K*—$1,080—$73,688
Seneca$199K*—$1,020—$91,892
Biglick$232K*+4%†$1,130—$103,214
Crawford$161K*+2.2%†$1,0500$76,597
Loudon$210K*+8%†$990—$83,185

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Big Spring buyers, sellers and renters are saying.

Town Square →
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Is Big Spring still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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