Housing Prices in Mineral Wells, TX

How much do homes in Mineral Wells, TX cost?

Median List Price

$232,500

$149/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$7,500(+3.3%)

Key Takeaway

The list price of homes in Mineral Wells has increased by 3.3% since last year.

Summary: The median home list price in Mineral Wells was $232,500 in March 2024, up 3.3% from the previous year, and the median price per square foot was $149.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $135K$77.2K
-42.8%
2 $139.9K$149.9K
+7.1%
3 $229.9K$225K
-2.1%
4 $275K$299K
+8.7%
5+ $962.5K$348.5K
-63.8%

Summary: Mineral Wells housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.8%, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 63.8%.

Median List Price Compared To Nearby Cities

Weatherford Northwest
+4.0%
Mineral Wells
+3.3%

Housing Supply in Mineral Wells, TX

How many homes are available in Mineral Wells, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
114124+8.8%

Summary: The Mineral Wells real estate market had 124 homes for sale in March 2024, a 8.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1110
-9.1%
3 6069
+15.0%
4 3436
+5.9%
5+ 88
0.0%

Summary: The Mineral Wells housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes remained the same.

Days on Market for Mineral Wells, TX

How long does it take to sell a home in Mineral Wells, TX?

Average Listing Age

Mar 2023Mar 2024CHANGE
130 Days129 Days-1.2%

Summary: Homes in Mineral Wells had an average listing age of 129 days in Mar 2024, down by 1.2% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Mineral Wells, TX

Nearby Markets to Mineral Wells, TX

What housing markets are near Mineral Wells, TX?