| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $494,194 | -4.8% YoY |
| Median price per sq ft | $253 | 2,017 sq ft median |
| Median days on market | 109 | +3% YoY |
| Active listings | 289 | -1% YoY |
| New listings this month | 42 | September 2026 |
| Listings with a price cut | 16% | Share of active |
| Median sale price (closed) | $379,900 | +43.4% YoY · closed sales, July 2026 |
| Sale-to-list ratio | n/a | Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio |
| Pending-to-active ratio | 11.9% | 35 pending |
| Inventory vs 2019 | 140% | Active listings vs same month in 2019 |
Metropolitan market · Texas · September 2026 data
What is the Mineral Wells, TX real estate market doing?
As of September 2026, the median home listed in Mineral Wells, TX asks $494,194, down 4.8% year over year. Homes spend a median of 109 days on market, with 289 active listings and 16% carrying a price cut; pending contracts equal 12% of active listings, and inventory sits at 140% of the same month in 2019 — a buyer's market. Figures come from public records and industry data, updated monthly.
What is the Mineral Wells, TX housing market doing right now?
The Mineral Wells, TX housing market lists at a $494,194 median as of September 2026, down 4.8% year over year, with a 109-day median market time and 289 homes for sale (16% with a price cut). Active inventory is 140% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule.
Mineral Wells housing market statistics
The table summarizes Mineral Wells's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Mineral Wells.
How have home prices changed in Mineral Wells?
Mineral Wells home prices are down 4.8% year over year and -4.9% month over month as of September 2026, at a $494,194 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Mineral Wells TX · trailing 8 quarters · source: public records and industry data.
10-year median listing price, Mineral Wells TX · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Mineral Wells?
Mineral Wells has 289 active listings, 42 new this month, 35 pending as of September 2026. About 16% of active listings have cut their price, and inventory sits at 140% of its 2019 level — a buyer's market by pace.
Is Mineral Wells a good real estate investment?
Mineral Wells scores 18/100 on WealthyBud's composite Investor Score, ranking #924 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Mineral Wells scores 18/100 on our composite Investor Score (#924 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 140% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 4.8% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Mineral Wells ranks on the trending markets index.
How much is a monthly mortgage payment in Mineral Wells?
A home at Mineral Wells's $494,194 median listing runs about $2,705 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
Principal & interest on the $494,194 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in Mineral Wells?
To buy Mineral Wells’s $494,194 median listing with 20% down, a household needs about $139,000 a year in gross income, keeping principal, interest and property tax ($3,232/mo) at 28% of income. That is 2.1× the area’s $64,972 median household income, so a typical Mineral Wells household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $494,194 | September 2026 |
| Down payment (20%) | $98,839 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $2,705/mo | Rate as of 2026-10-01 |
| Property tax (1.28% effective rate) | $527/mo | Census ACS |
| Income needed (28% rule) | $139,000 | Gross household income / yr |
| Median household income | $64,972 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the Mineral Wells housing market?
Longer-run demand in Mineral Wells shows up in 21 homes permitted in 2025; net migration of +443 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
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