Mineral Wells, TX

Buyer's market+5.7% YoY

Housing market overview · Updated weekly

$163,750median sale price

Homes sold

6

Last 12 weeks

Days on market

26

Average pace

Active listings

71

11.8 months supply

Sale-to-list

92.2%

Below asking

The Mineral Wells housing market is currently classified as a buyer's market with a median sale price of $163,750. Prices have risen 5.7% compared to last year, with homes spending an average of 26 days on market, indicating 11.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Mineral Wells

There are currently 71 homes listed for sale in Mineral Wells, Texas. The median listing price is $255K.

Active listings

71

Homes on market

Median list price

$255K

Avg. days on market

26

Days until sale

New this week

16

Newly listed

Price drops:15.5%of listings
Sale-to-list:92.2%

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Frequently asked questions

What is the average home price in Mineral Wells?

The median home sale price in Mineral Wells is $163,750, up 5.7% from last year.

How long do homes stay on market in Mineral Wells?

Homes typically spend 26 days on market before going under contract.

Is Mineral Wells a buyer's or seller's market?

With 11.8 months of supply, Mineral Wells is currently a buyer's market.

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