Is Mineral Wells, TX a buyer's market or a seller's market?
Mineral Wells, TX is a buyer's market right now. There are 295 homes for sale, and at the current pace of sales it would take about 7.8 months to sell all of them.
The rule of thumb agents use: under three months of homes for sale favors sellers, over five months favors buyers, and in between is a fair fight. Mineral Wells, TX sits at 7.8.
There are more homes for sale than buyers. Buyers have the edge. The typical home took 61 days to go under contract, and 18% of sales closed above the asking price.
The number of homes for sale is 6% higher than a year ago. More choice for buyers means more competition between sellers.
Source: Redfin's published market data for the Mineral Wells, TX area, through May 2026.
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More about the Mineral Wells, TX market
- When is the best month to sell a house in Mineral Wells, TX?
- How long does it take to sell a house in Mineral Wells, TX?
- Do homes sell above asking price in Mineral Wells, TX?
- Are home prices going up or down in Mineral Wells, TX?
- How many homes are for sale in Mineral Wells, TX?
- All Mineral Wells, TX housing numbers
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Figures come from Redfin's published market data for the Mineral Wells, TX area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.