76484
Mineral Wells, Texas
Mineral Wells 76484 needs watching.
The 76484 ZIP code in Mineral Wells, Texas has a median sale price of $330K, down -50.7% year-over-year. Homes spend an average of 354 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 37 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 76484.
The Mineral Wells ZIP 76484 market shows significant stress, with the median sale price at $330,000 following a stark 50.7% year-over-year decline. Properties are averaging 354 days on market, nearly a full year, indicating severely constrained demand. No homes are selling above list price, confirming a buyer-controlled environment where sellers hold minimal negotiating leverage and price discovery remains highly unfavorable for current owners.
This market structure favors patient, cash-position buyers who can absorb extended closing timelines and negotiate substantial discounts from original asking prices. The year-long inventory sitting time creates conditions for investors seeking rental income properties at depressed valuations, provided they can weather uncertain appreciation timelines. Sellers face challenging conditions and should avoid this market unless relocation or financial circumstances force transactions at current depressed pricing levels.
The PropIQ score of 37 signals continued caution, suggesting the 50.7% price correction may not have fully stabilized. With DOM exceeding 350 days, further capitulation from sellers appears likely before market clearing occurs. Prospective participants should monitor month-over-month sales velocity and new listing volume as leading indicators of whether this ZIP approaches price equilibrium or requires additional downward adjustment.
What is the median home price in 76484 Mineral Wells?
The median sale price in 76484 is $330K, down -50.7% year-over-year as of 2026-02-28.
How long do homes stay on the market in Mineral Wells 76484?
Homes in 76484 Mineral Wells spend an average of 354 days on market before going under contract.
Is Mineral Wells 76484 a good place to invest in real estate?
Folio's PropIQ™ score for 76484 is 37/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 37 mean for 76484?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 37 = Caution in 76484 Mineral Wells, Texas.