Market Intelligence Report — TX-420

Mineral Wells, TX

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-TX-09
As of the latest 2026 data
Very Weak

Median Listing

$494K
-4.8% YoY

Pending Ratio

0.12
-4.3% YoY

Active Inventory

289
-1.4% YoY

Median DOM

109 Days
+3.3% YoY

Primary Intelligence Tool — Sold Score™

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The Mineral Wells market currently exhibits very weak demand absorption, evidenced by a pending ratio of 0.12. This metric, significantly below typical absorption levels, indicates substantial inventory overhang relative to buyer activity.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Mineral Wells market right now.

Active listings have remained largely stable, declining by a marginal 1.4% year-over-year, while new listings also saw a modest decline of 4.5% over the past year. Concurrently, the median listing price has contracted by 4.8% year-over-year. The median days on market extended to 109, representing a 3.3% increase compared to the previous year, further highlighting slow absorption.

Historical Analysis

Market Trends

Median Price

$494K-4.9% MoM

Active Inventory

289-1.4% YoY

Days on Market

109+3.3% YoY

Sold Score™

27-4.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

27
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.12, the pace of transactions is considerably slow, placing significant pressure on sellers. The elevated median days on market and declining median prices suggest that properties are taking longer to move, necessitating greater price discipline from sellers to attract limited demand and mitigate inventory accumulation.

Luxury Segment

A notable divergence is observed between the median listing price, which declined by 4.8% year-over-year, and the average listing price, which saw a more pronounced contraction of 10.8% over the past year. This wider decline in average pricing suggests particular softness within higher price tiers.

Supply Dynamics

289 active listings represent the current floor, with new supply arriving at roughly 42 per month.

Pricing Pressure
15.6%

of active listings carry a price reduction, -3.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.0% year-over-year.

Absorption
0.12

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Mineral Wells, TX? Homes here are taking 4 days longer to sell than last year.

Buyers have leverage in Mineral Wells, TX. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
12%
Median Days on Market
109 days
Inventory YoY
−1%

In a buyer's market, strategy beats timing. See how your home scores in Mineral Wells, TX and what moves the number.

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Metro Demographics

Metro Area
Mineral Wells, TX
CBSA Code
33420
State
TX

ZIPs in Mineral Wells, TX

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Mineral Wells?+

    As of the latest 2026 data, the Mineral Wells metro is classified as Very Weak. Pending ratio is 0.12 with median days on market at 109.

  • Are home prices dropping in Mineral Wells?+

    Median listing price is $494K, -4.8% year over year. 15.6% of active listings carry a price reduction.

  • How fast are homes selling in Mineral Wells?+

    The typical listing sits 109 days on market, a +3.3% change YoY. New listings are arriving at 42 per month.

  • What's happening in the Mineral Wells luxury market?+

    A notable divergence is observed between the median listing price, which declined by 4.8% year-over-year, and the average listing price, which saw a more pronounced contraction of 10.8% over the past year. This wider decline in average pricing suggests particular softness within higher price tiers.

  • Where can I find a trusted Mineral Wells real estate expert?+

    Primpted maintains a vetted registry of Mineral Wells agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 33420 · 36mo history