A typical Big Lake home is worth about $163,000
Down 10.3% in a year, 46% below the Texas typical home.
What kind of housing town is Big Lake?
Read from the numbers below. The page puts what stands out first.
Home values since 2022
Typical home value by month.
Show as a table
| January | Big Lake | Texas |
|---|---|---|
| 2023 | $185,000 | $313,000 |
| 2024 | $180,000 | $311,000 |
| 2025 | $181,000 | $311,000 |
| 2026 | $176,000 | $303,000 |
| August 2026 | $163,000 | $299,000 |
A typical Big Lake home worth $192K in February 2022 is worth about $163K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A typical home costs 2.3 years of income
Less than across Texas (3.8 years). Try your own numbers below.
That covers a typical Big Lake home, with $108K to spare.
A two-bedroom rents for about $1,020 a month here, $20 more than owning.
How Big Lake ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Big Lake’s typical property tax (1.05% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,020
Renters already here pay a median of $746, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Reagan County, TX): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
3 new homes permitted in 2025
Builders were permitted 3 new homes in Big Lake in 2025, all single-family houses. That's 1 per 1,000 residents, slower than across Texas (8.1). Over the past 10 years, Big Lake has permitted 28 homes in all.
Between the 2010 and 2020 censuses, Big Lake gained 29 residents while 42 new homes were permitted: about 0.7 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Texas: 2.6 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 3 | 3 | 0 | $792,000 |
| 2025 | 3 | 3 | 0 | $889,000 |
| 2024 | 5 | 2 | 3 | $975,000 |
| 2023 | 7 | 7 | 0 | $2.4 million |
| 2022 | 1 | 1 | 0 | $35,000 |
| 2021 | 3 | 1 | 2 | $518,000 |
| 2020 | 1 | 1 | 0 | $216,000 |
| 2019 | 6 | 0 | 6 | $614,000 |
| 2018 | 1 | 1 | 0 | $218,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 1 | 1 | 0 | $204,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 19 | 1 | 18 | $1.1 million |
| 2013 | 9 | 5 | 4 | $1.7 million |
| 2012 | 2 | 2 | 0 | $412,000 |
| 2011 | 4 | 4 | 0 | $575,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 3 | 3 | 0 | $525,000 |
| 2008 | 5 | 5 | 0 | $565,000 |
| 2007 | 3 | 3 | 0 | $350,000 |
| 2006 | 3 | 3 | 0 | $317,000 |
| 2005 | 3 | 3 | 0 | $75,000 |
| 2004 | 1 | 1 | 0 | $25,000 |
| 2003 | 4 | 4 | 0 | $51,000 |
| 2002 | 4 | 4 | 0 | $51,000 |
| 2001 | 3 | 3 | 0 | $38,000 |
| 2000 | 3 | 3 | 0 | $38,000 |
How Big Lake ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
75% of Big Lake households own their home
Half of Big Lake’s homes were built before 1983.
Texas: 63% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Neighbors talk housing
What Big Lake buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits 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.