Mineral Wells, TX metro area Housing Market
Cold MarketComprehensive housing market data for the Mineral Wells, TX metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$325K
↓ 44.4% YoY
Days on Market
136 days
↓ 11.7% YoY
Active Inventory
255
↓ 5.2% YoY
Homes Sold
31
↑ 47.6% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Mineral Wells, TX metro area Market Summary
The Mineral Wells, TX metro area housing market is cooling down. As of March 2026, the median home sale price is $325K, down 44.4% year-over-year. Homes are spending a median of 136 days on the market, 11.7% shorter than a year ago.
There are 255 homes for sale — 5.2% fewer than last year. With 8.2 months of supply, this is a buyer's market. 79 new listings were added during this period, down 11.2% year-over-year.
Homes are selling for 93.2% of their list price on average, suggesting room for negotiation. 9.7% of homes sell above their asking price. 20.8% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
88
Contributing Factors
How This Market Compares
vs. National Median
vs. Texas Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 26% below the national median, which could indicate stronger cash flow potential.
Mineral Wells, TX metro area Market Trends
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Detailed Market Metrics
Median List Price
$535K
Price per Sq Ft
$221
Sale-to-List Ratio
93.2%
Months of Supply
8.2
Sold Above List
9.7%
Price Drops
20.8%
New Listings
79
↓ 11.2% YoY
Pending Sales
32
Off Market in 2 Weeks
28.1%
Other Markets in Texas
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$330K · 76d on market
Dallas, TX metro area
$400K · 66d on market
San Antonio, TX metro area
$313K · 104d on market
Austin, TX metro area
$430K · 94d on market
Fort Worth, TX metro area
$353K · 54d on market
El Paso, TX metro area
$275K · 68d on market
Killeen, TX metro area
$270K · 104d on market
Lubbock, TX metro area
$240K · 86d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.