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The median home value in Mineral Wells, TX is $208,649 as of 2026-07-31, down 1.9% from a year earlier.
Median Home Value
$208,649
Year-over-Year
-1.9%
Population
15,669
Mineral Wells ranks #262 of 346 Texas cities tracked here by median home value, and sits 23.2% below the state's city median of $271,560. It sits in Palo Pinto County, where the county-wide median is $288,924.
Median household income in Mineral Wells is $55,929, so the typical home value is about 3.7× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Mineral Wells police recorded a violent crime rate of 306 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 2,712 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Mineral Wells, that value is $208,649. That's down 1.9% from a year earlier. It is about 23.2% below the typical Texas city tracked here.
Homes in Mineral Wells are cheaper than Palo Pinto County as a whole, where the median is $288,924 — a difference of about 27.8%.
Median household income here is $55,929, so the typical home value is about 3.7× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Mineral Wells police reported 306 violent crimes per 100,000 residents, covering a population of about 15,669. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.