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Foreclosures in Mineral Wells, TX 76067

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Living in Mineral Wells, TX

Mineral Wells, TX is a picturesque small town famous for its natural mineral springs and tranquil lifestyle. It offers a blend of rich history, local charm, and outdoor activities, making it an appealing choice for families and retirees alike. The community is tight-knit, and local amenities abound, providing residents with a satisfying quality of life.

Current Market Conditions in Mineral Wells, TX

The real estate market in Mineral Wells is currently experiencing a resurgence, with an increase in interest from both homebuyers and investors. Properties are showing a steady appreciation as more people discover the charm and affordability of the area. The mix of historical homes and new developments is making it a diverse choice for buyers.

As the demand for homes in Mineral Wells rises, the inventory has seen some depletion, leading to slight competition among buyers. The influx of those moving from more urban areas seeking peace and lower costs has spurred growth, contributing positively to local business and community initiatives.

Home Value Estimator For Mineral Wells, TX

There are currently 8,555 real estate properties in Mineral Wells, TX, with a median automated valuation model (AVM) price of $186,388.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mineral Wells, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mineral Wells, TX, is $267,687.00, with the most expensive house in Mineral Wells, TX, topping out at $5,645,935.00 and the cheapest home in Mineral Wells, TX, clocking in at $10,272.00. In other words, there’s something for every potential homebuyer or savvy investor in Mineral Wells, TX!

Rent Prices In Mineral Wells, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mineral Wells, TX, is on a rollercoaster ride. The average rent price in Mineral Wells, TX, is $1,270.00. Indeed, when looking to rent in Mineral Wells, TX, you can expect to pay as little as $670.00 or as much as $3,280.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Mineral Wells, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mineral Wells, TX 76067 Foreclosures


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