Market Intelligence Report — TX-420

Mineral Wells, TX

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

Ref. No: 2026-TX-08
As of the latest 2026 data
Very Weak

Median Listing

$520K
-5.4% YoY

Pending Ratio

0.19
+4.6% YoY

Active Inventory

297
-5.7% YoY

Median DOM

100 Days
-5.7% YoY

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The Mineral Wells market is currently categorized as Very Weak, with a pending ratio of 0.19 indicating significantly limited demand absorption relative to available inventory. Active listings have seen a modest contraction of 5.7% year-over-year, but this has not translated into improved demand dynamics.

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 declined by 5.7% over the past year, reaching 297 units, while new listings remained stable year-over-year. The median listing price experienced a 5.4% decline year-over-year, settling at $519,500. Demand, as measured by pending listings, stands at 57, contributing to a pending ratio of 0.19. Despite a year-over-year increase in the pending ratio, its absolute level remains low, reflecting persistent absorption challenges.

Historical Analysis

Market Trends

Median Price

$520K-0.8% MoM

Active Inventory

297-5.7% YoY

Days on Market

100-5.7% YoY

Sold Score™

31+4.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

31
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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 0.19, the market demonstrates a significant supply overhang, placing considerable pressure on sellers. The current pace of demand absorption suggests that buyers have ample time and inventory to consider options, allowing for greater price discipline. The elevated days on market, at 100, further underscores the extended period properties remain available.

Luxury Segment

The average listing price in the market decreased by 13.3% year-over-year to $786,642, while the median listing price declined by 5.4%. This disparity, coupled with a minimal year-over-year change in median $/sqft (-0.1%), suggests some softening in the higher price tiers within the market segment.

Supply Dynamics

297 active listings represent the current floor, with new supply arriving at roughly 52 per month.

Pricing Pressure
19.7%

of active listings carry a price reduction, -4.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.1% year-over-year.

Absorption
0.19

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Mineral Wells, TX? Homes here are taking 6 days less 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
19%
Median Days on Market
100 days
Inventory YoY
−6%

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
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 0.19 with median days on market at 100.

  • Are home prices dropping in Mineral Wells?+

    Median listing price is $520K, -5.4% year over year. 19.7% of active listings carry a price reduction.

  • How fast are homes selling in Mineral Wells?+

    The typical listing sits 100 days on market, a -5.7% change YoY. New listings are arriving at 52 per month.

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

    The average listing price in the market decreased by 13.3% year-over-year to $786,642, while the median listing price declined by 5.4%. This disparity, coupled with a minimal year-over-year change in median $/sqft (-0.1%), suggests some softening in the higher price tiers within the market segment.

  • 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