Big Lake—99652
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Big Lake
Big Lake lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Big Lake
As of July '25, Rentcast reports the average rent in Big Lake is $1,870, with a year-over-year rent change of 78.1%. Per bedroom, the median rent as of July '25 in Big Lake is 1-bedrooms: $1,250, 2-bedrooms: $2,500. The most common rental property sizes in Big Lake are 1-bedroom and 2-bedroom, accounting for 40.6% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,870 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,250 |
| 2 Bed Rent | $2,500 | $2,500 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Big Lake
As of Oct '25, Realtor.com reports that the median days on market for a home in Big Lake is 104. This is a increase of 23.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $458,000 | -8.0% |
Listing Count | 23 | 25.0% |
| Listings as % of Homes | N/A | 25.0% |
Days on Market | 104 | 23.0% |
Demographics — Big Lake
As of the latest ACS Survey released in 2023, Big Lake has a population of 4,070, which has increased by 27.7% over the past 5 years. Big Lake is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 18.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,070 | 27.7% |
% Under 18 | 20.3% | 7.4% |
% Seniors | 16.6% | -3.5% |
% WFH | 23.0% | 447.6% |
% w/ College Degree | 18.7% | 57.1% |
As of the latest ACS Survey released in 2023, Big Lake is a predominantly white area, with 81.5% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Big Lake is hispanic, making up 6.4% of the population. Foreign-born residents account for 1.2% of the population in Big Lake, and this percentage has decreased by 14.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.5% | -3.4% |
% Black | 0.8% | 700.0% |
% Hispanic | 6.4% | 106.5% |
% Asian | 0.7% | 16.7% |
% Foreign Born | 1.2% | -14.3% |
Mortgage and Risk — Big Lake
According to HUD data as of 2023, there were 113 mortgage originations in Big Lake, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Big Lake. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 113 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 1.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Big Lake
Big Lake lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$320 | $1,250 | $930 |
| 2 Bedroom | -$1,280 | $2,500 | $1,220 |
| 3 Bedroom | N/A | N/A | $1,710 |
| 4 Bedroom | N/A | N/A | $2,050 |
Affordability — Big Lake
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $71,300 |