Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mineral Wells area can be challenging. Home prices in Mineral Wells are now at a median cost of $131,406, lower than the Texas average of $235,268.
The average cost of rent is $920/mo in Mineral Wells, primarily driven by the current value of real estate in the Mineral Wells area. While nearly 58.52% of residents own their homes outright in Mineral Wells, 29.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mineral Wells is $5,333 per month. Households that rent pay about 17.24% of their income on rent here. Mineral Wells's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Sturdivant, TX: higher priced homes
- Salesville, TX: equally priced homes
- Cool, TX: higher priced homes
- Peadenville, TX: higher priced homes
- Authon, TX: higher priced homes
- Millsap, TX: higher priced homes
- Palo Pinto, TX: higher priced homes
- Whitt, TX: higher priced homes
- Oran, TX: higher priced homes
- Adell, TX: higher priced homes
Cities with Similar Populations
- Ammon, ID: higher priced homes
- Andrews, TX: higher priced homes
- Angier, NC: higher priced homes
- Anoka, MN: higher priced homes
- Ashland, VA: higher priced homes
- Asomante, PR: less expensive homes
- Palos Hills, IL: higher priced homes
- Peru, IN: less expensive homes
- Odessa, FL: higher priced homes
- North Wilkesboro, NC: equally priced homes
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