Mineral Wells, TX metro area Housing Market

Cold Market

Comprehensive 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: January 2026

Median Sale Price

$271K

15.0% YoY

Days on Market

108 days

12.2% YoY

Active Inventory

215

10.3% YoY

Homes Sold

18

21.7% 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 January 2026, the median home sale price is $271K, down 15.0% year-over-year. Homes are spending a median of 108 days on the market, 12.2% shorter than a year ago.

There are 215 homes for sale — 10.3% more than last year. With 11.9 months of supply, this is a buyer's market. 45 new listings were added during this period, up 15.4% year-over-year.

Homes are selling for 89.8% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 14.4% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

85

Contributing Factors

Months of Supply 11.9
Days on Market 108
Price Drops 14.4%
Sale-to-List Ratio 89.8%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 35.9%
Days on Market (National: 66) 63.6%
Inventory (National: 1,210,379) 100.0%

vs. Texas Median

Median Price (Texas: $330K) 17.8%
Days on Market (Texas: 88) 22.7%

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. Prices are 36% below the national median, which could indicate stronger cash flow potential.

Mineral Wells, TX metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$350K

Price per Sq Ft

$137

Sale-to-List Ratio

89.8%

Months of Supply

11.9

Sold Above List

0.0%

Price Drops

14.4%

New Listings

45

15.4% YoY

Pending Sales

21

Off Market in 2 Weeks

19.1%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.