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Advertise here →Mineral Wells, TX · Market Data
Mineral Wells, Texas real estate market data.
Real estate market data for Mineral Wells, TX (Palo Pinto County) — Census median home value $146,100, county listing prices up about 3.3% over the past year.
Mineral Wells, TX is in Palo Pinto County, Texas — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 15,130, with a median household income of $54,210. Census data puts Mineral Wells's median home value at $146,100.
At a glance
Mineral Wells market snapshot
Population
15,130
Median Household Income
$54,210
Median Home Value (city)
$146,100
Median Gross Rent
$1,004/mo
Price Trend (YoY)
+3.3%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Mineral Wells different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Mineral Wells's median home value — across all owner-occupied homes, not just recent sales — at $146,100.
County Price Trend
Palo Pinto County's FHFA house price index shows a 3.28% annual change in 2025.
Population & Income
Mineral Wells has an estimated population of 15,130 and a median household income of $54,210, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Mineral Wells's Census-reported median home value works out to about 2.7x the area's median household income, and median gross rent runs roughly 22% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Mineral Wells FAQ
What are home values like in Mineral Wells, TX?
The Census Bureau's American Community Survey puts Mineral Wells's median home value at $146,100.
What is the population of Mineral Wells, TX?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Mineral Wells's population at approximately 15,130.
What's the median rent in Mineral Wells, TX?
The Census ACS estimates median gross rent in Mineral Wells at approximately $1,004 per month.
What is the median household income in Mineral Wells, TX?
Census ACS data puts the median household income in Mineral Wells at approximately $54,210.
Is the Mineral Wells housing market growing?
Palo Pinto County's FHFA house price index shows a 3.28% annual change in 2025.
Is Mineral Wells, TX affordable relative to income?
Census ACS data puts Mineral Wells's median home value at about 2.7 times the median household income, with median gross rent equal to roughly 22% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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