42Alpha

Mineral Wells, TX metro area Housing Market Brief

metro · TX · as of August 2026

Balanced

What is Mineral Wells, TX metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-1.565
Inventory Health25%
+12.843
Affordability20%
+7.020
Economic Strength20%
57
Rental Yield15%
+9.121

Where is Mineral Wells, TX metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Mineral Wells, TX metro area is classified as Recovering turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Mineral Wells, TX metro area?

Our model forecasts Mineral Wells, TX metro area’s home prices to decline about 13.2% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Mineral Wells, TX metro area housing market data

MetricValueYoY
Median Sale Price$379K▲ +42.9%
Median Days on Market89 days-9.2%
Months of Supply7.5-16.7%
Homes for Sale313▲ +6.1%
Homes Sold43▲ +26.5%
Median Price / Sq Ft$206▲ +32.4%

How has Mineral Wells, TX metro area’s Alpha Score moved?

Now: 42
12-period trend
Median sale price · 12 mo

Markets like Mineral Wells, TX metro area

Frequently asked questions

Is Mineral Wells, TX metro area a buyer's or seller's market?

As of August 2026, Mineral Wells, TX metro area is classified as a Balanced Market, based on its Alpha Score of 42 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Mineral Wells, TX metro area?

The median sale price in Mineral Wells, TX metro area is $379K, having risen 42.9% over the past year.

How affordable is Mineral Wells, TX metro area?

Mineral Wells, TX metro area scores 20 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Mineral Wells, TX metro area's Alpha Score?

Mineral Wells, TX metro area's strongest dimension is Price Momentum (65/100) and its weakest is Affordability (20/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Mineral Wells, TX metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.