Is now a good time to buy land in Mineral Wells, Texas?
Mineral Wells, Texas is currently a strong buyer's market with 19.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
19.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 5 | 9 | 16 |
| 1-2 acres | 1 | 2 | 5 | 8 |
| 2-5 acres | - | 1 | 2 | 5 |
| 5-10 acres | - | 1 | 3 | 10 |
| 10-20 acres | 1 | 4 | 7 | 9 |
| 20-50 acres | - | 1 | 4 | 4 |
| 50-100 acres | - | - | 1 | 3 |
| 100+ acres | - | 1 | 1 | 2 |
| TOTAL | 4 | 15 | 32 | 57 |
Mineral Wells, Texas is currently a strong buyer's market with 19.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
Mineral Wells, Texas currently has 19.2 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Over the past 12 months, Mineral Wells, Texas saw 57 properties sold. In just the last 3 months, 15 properties changed hands.
The 3-month absorption rate in Mineral Wells, Texas is 5.2%. The 12-month rate is 5.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 96 active listings in Mineral Wells, Texas. 23 new listings have hit the market in the last 90 days. The median asking price is $150K.
Land in Mineral Wells, Texas typically sells within 159 days of listing. The median time on market is 70 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Mineral Wells, Texas is 5.2% (3-month basis), indicating slow demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.