Housing Prices in Mineral Wells, TX
How much do homes in Mineral Wells, TX cost?
Median List Price
$234,950
$152/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Mineral Wells has increased by 4.4% since last year.
Summary: The median home list price in Mineral Wells was $234,950 in May 2024, up 4.4% from the previous year, and the median price per square foot was $152.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $93.6K | -30.7% |
| 2 Bedrooms | $139.9K | $149.4K | +6.8% |
| 3 Bedrooms | $228.9K | $222.4K | -2.8% |
| 4 Bedrooms | $279.4K | $297K | +6.3% |
| 5+ Bedrooms | $1.2M | $347.5K | -72.2% |
Summary: Mineral Wells housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.7%, 2 bedroom homes increased by 6.8%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 72.2%.
Median List Price Compared To Nearby Cities
| Weatherford Northwest | $499K | $529.4K | +6.1% |
| Mineral Wells | $225K | $234.9K | +4.4% |
Housing Supply in Mineral Wells, TX
How many homes are available in Mineral Wells, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 122 | 121 | -0.8% |
Summary: The Mineral Wells real estate market had 121 homes for sale in May 2024, a 0.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 12 | 8 | -33.3% |
| 3 Bedrooms | 68 | 72 | +5.9% |
| 4 Bedrooms | 34 | 34 | 0.0% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Mineral Wells housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 28.6%.
Days on Market for Mineral Wells, TX
How long does it take to sell a home in Mineral Wells, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 141 Days | 122 Days | -13.0% |
Summary: Homes in Mineral Wells had an average listing age of 122 days in May 2024, down by 13% compared to the previous year.
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