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Featured local agent — Mineral Wells, TX
Sarah Mitchell
Compass Real Estate · Mineral Wells, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mineral Wells, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$219,350median sale price
How is the Mineral Wells, TX housing market right now?
The median home sale price in Mineral Wells, TX is $219,350, up 5.2% year-over-year. Homes sell in an average of 42 days with 78 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Mineral Wells a buyer's or seller's market?
Mineral Wells, TX is currently a balanced market, based on 6.5 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
42
Average pace
Active listings
78
6.5 months supply
Sale-to-list
100.5%
Above asking
What does the Mineral Wells housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $219,350 |
| Median list price | $235,000 |
| Year-over-year price change | +5.2% |
| Average days on market | 42 days |
| Active inventory | 78 listings |
| Months of supply | 6.5 months |
| Sale-to-list price ratio | 100.5% |
| Median price per sq ft | $151/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 21 |
| Listings with a price cut | 25.6% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Mineral Wells by property type?
How the Mineral Wells, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $219,350 | $151/sq ft | 12 | 42 days |
Source: Redfin · Updated monthly
The Mineral Wells housing market is currently classified as a balanced market with a median sale price of $219,350. Prices have risen 5.2% compared to last year, with homes spending an average of 42 days on market, indicating 6.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Mineral Wells
There are currently 78 homes listed for sale in Mineral Wells, Texas. The median listing price is $235K.
Active listings
78
Homes on market
Median list price
$235K
Avg. days on market
42
Days until sale
New this week
21
Newly listed
Who lives in Mineral Wells?
Population
15,130
Median income
$54,210/yr
Median age
36.7 years
Owner-occupied
54.6%
College grads
13.3%
Avg commute
27.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Mineral Wells?
Zillow home value
$205,031
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Mineral Wells?
Mineral Wells is a community of approximately 15K residents with a median age of 36.7 years.The median household income is $54,210, which represents a working-class community with solid middle-income opportunities. 13.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 54.6%, showing a blend of owner and renter-occupied properties. The average commute time is 27.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Mineral Wells offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Mineral Wells?
4 schools tracked · 3,321 students
The largest public schools serving Mineral Wells, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MINERAL WELLS EL
Grades PK-6 · 1,907 students
MINERAL WELLS H S
Grades 9-12 · 931 students
MINERAL WELLS J H
Grades 7-8 · 463 students
MINERAL WELLS ACADEMY
Grades 9-12 · 20 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Mineral Wells, TX?
Want a head-to-head view? Compare Mineral Wells side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Mineral Wells?
The median home sale price in Mineral Wells is $219,350, up 5.2% from last year.
How long do homes stay on market in Mineral Wells?
Homes typically spend 42 days on market before going under contract.
What is the median income in Mineral Wells?
The median household income is $54,210 per year.
Is Mineral Wells a buyer's or seller's market?
With 6.5 months of supply, Mineral Wells is currently a balanced market.
What is the Zillow home value estimate for Mineral Wells?
The Zillow Home Value Index (ZHVI) for Mineral Wells is $205,031, representing the typical home value in the area.
How much does a single-family home cost in Mineral Wells?
The median single-family home price in Mineral Wells, TX is $219,350 (about $151 per square foot).
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