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Affordable
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These days, finding an affordable place to live in the Big Springs area can be challenging. Home prices in Big Springs are now at a median cost of $535,108, higher than the Indiana average of $232,932.
The average cost of rent is $1,867/mo in Big Springs, primarily driven by the current value of real estate in the Big Springs area. In Big Springs, 12.00% of households rent, and 26.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Big Springs is $15,254 per month. Households that rent pay about 12.24% of their income on rent here. Big Springs’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sheridan, IN: less expensive homes
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- Zionsville, IN: equally priced homes
- Deming, IN: equally priced homes
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- Whitestown, IN: less expensive homes
- Carmel, IN: equally priced homes
Cities with Similar Populations
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- Justiceburg, TX: less expensive homes
- Paradox, NY: less expensive homes
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