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.

Median listing price
$494,194
▼ 4.8% YoY
Median $ / sq ft
$253
2,017 sq ft median
Median days on market
109
September 2026
Active listings
289
For sale now
New listings
42
September 2026
Listings with price cuts
16%
Share of active
Inventory vs 2019
140%
Same month, 2019 = 100
Pending / active
12%
Contract activity
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
Homes sold / month
43
Closed sales · July 2026, seasonally adjusted

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.

Mineral Wells, TX housing market at a glance — September 2026
MetricLatestDetail
Median listing price$494,194-4.8% YoY
Median price per sq ft$2532,017 sq ft median
Median days on market109+3% YoY
Active listings289-1% YoY
New listings this month42September 2026
Listings with a price cut16%Share of active
Median sale price (closed)$379,900+43.4% YoY · closed sales, July 2026
Sale-to-list ration/aNon-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Pending-to-active ratio11.9%35 pending
Inventory vs 2019140%Active listings vs same month in 2019

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.

$550K$528K$506K$483K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Mineral Wells TX · trailing 8 quarters · source: public records and industry data.

The 10-year view
$550K$495K$440K$384K '17'18'19'20'21'22'23'24'25'26

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.

Active listings
289
New this month
42
Pending
35
Price-reduced
45

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.

Investor Score
18/100
#924 of 933 covered metros
12-month outlook
-4.1%
▼ Cooling · model output, not advice
Momentum
46
Value
11
Rental yield
8
Supply risk
86
Market heat
2

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.

If rates fall 1% · 6.28%
$2,442/mo
−$263/mo vs today
At today's rate · 7.28%
$2,705/mo
National weekly average
If rates rise 1% · 8.28%
$2,979/mo
+$273/mo vs today

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.

Income needed to buy the median home in Mineral Wells, TX — September 2026
ItemAmountBasis
Median listing price$494,194September 2026
Down payment (20%)$98,839Assumption
Principal & interest (7.28%, 30-yr fixed)$2,705/moRate as of 2026-10-01
Property tax (1.28% effective rate)$527/moCensus ACS
Income needed (28% rule)$139,000Gross household income / yr
Median household income$64,972Census 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.

Building permits (2025)
21
▼ 22.2% vs 2024
0.7 per 1,000 residents
Net migration (2022–2023)
+443
▲ people, via tax-return records
net income flow +$39.4M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

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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Mineral Wells housing market FAQ

What is the median home price in Mineral Wells?
As of September 2026, the median listing price in Mineral Wells, TX is $494,194, down 4.8% year over year (source: public records and industry data). Figures cover the Mineral Wells, TX metro area.
How much does it cost to buy a home in Mineral Wells?
The median home listed in Mineral Wells asks $494,194 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $2,705 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Mineral Wells?
The median property in Mineral Wells spends 109 days on the market, with 289 homes actively listed and 16% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Mineral Wells?
With a median 109 days on market and 16% of active listings carrying a price cut, pending contracts at 12% of active listings, Mineral Wells reads as a buyer's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Mineral Wells a good place to invest in real estate?
Mineral Wells scores 18/100 on WealthyBud's 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. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Mineral Wells?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Mineral Wells and the wider Texas market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Mineral Wells, TX metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Texas housing markets

Andre Fontaine Mortgage Market Analyst

Andre Fontaine is a mortgage market analyst who covers rate trends, loan products and lending standards using public Federal Reserve and HMDA data. He focuses on how financing conditions affect buyer affordability across income levels.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.