Commercial Real Estate Market in Mineral Wells, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
193 active listings and 842 off-market properties in Mineral Wells, TX. Commercial property asks $11/SF to buy and $14.14/SF/Yr to lease.
Market Trends
Mineral Wells, TX spans 197.6 square miles in Palo Pinto County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mineral Wells, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Mineral Wells, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Mineral Wells, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Mineral Wells, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Mineral Wells, TX has 20,473 residents in 8,660 households. Density runs 104 people per square mile. Median household income here is $59,670 and median gross rent $1,050 a month.
20,473
Population
8,660
Households
2.4
Avg Household Size
39
Median Age
13%
College-Educated
84%
High-School Grad
197.6 sq mi
ZIP Area
104
Density / Sq Mi
$59,670
Median Household Income
$35,532
Median Earnings
$1,050
Median Rent
$156,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cool | — | — |
| Salesville | — | — |
| Millsap | — | — |
| Whitt | — | — |
Commercial property in Mineral Wells, TX asks $11/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mineral Wells?
Commercial property in Mineral Wells, TX asks an average of $11 per square foot.
How much does it cost to lease commercial space in Mineral Wells?
Asking lease rates in Mineral Wells, TX average $14.14 per square foot per year.
Where does Realmo's Mineral Wells market data come from?
Realmo compiles Mineral Wells, TX figures from 189 active sale listings, 4 active lease listings, 842 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 189 active for-sale and 4 active for-lease listings in Mineral Wells, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
