Mineral Wells Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Mineral Wells averaged
7.18%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
7.37% and
one month ago for the week of 2023-08-17, the
average rate was 6.98%.
Mineral Wells's average rate one year ago was 5.91%.
For refis of the same type during the week of 2023-09-21, the average rate
was 7.39%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
| Mineral Wells 30 Year Fixed Rate | 2023-09-21 | 7.18% |
| Mineral Wells 30 Year Fixed Rate Refi | 2023-09-21 | 7.39% |
| Mineral Wells 15 Year Fixed Rate | 2023-09-21 | 6.74% |
| Mineral Wells 15 Year Fixed Rate Refi | 2023-09-21 | 6.54% |
| Mineral Wells 30 Year FHA | 2023-09-21 | 6.34% |
| Mineral Wells 30 Year FHA Refi | 2023-09-21 | 7.14% |
| Mineral Wells 30 Year USDA | 2023-09-21 | 7.12% |
| Mineral Wells 30 Year USDA Refi | 2023-09-21 | 6.82% |
| Mineral Wells 30 Year VA | 2023-09-21 | 6.62% |
| Mineral Wells 30 Year VA Refi | 2023-09-21 | 6.62% |
Mineral Wells Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Mineral Wells, TX market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Mineral Wells Average Closing Costs & Other Stats
Mineral Wells, TX's 104 lenders originated 757
loans during 2022. The total origination value was $230,605,000, with an average loan value of
$304,630.
Mineral Wells's average closing costs are $6,169.
The top Mineral Wells lender as defined by loan originations is First Financial Bank, with
23 loans originated. Their average total fees are
$5,083, which is $2,488
lower than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee Mineral Wells lenders (with over 10 loans originated) are
First Financial Bank ($5,083), UNITED WHOLESALE MORTGAGE, LLC ($6,533), QUICKEN LOANS, LLC ($7,290), PRIMELENDING, A PLAINSCAPITAL COMPANY ($7,477) and GUILD MORTGAGE COMPANY ($7,571).
The lowest rate Mineral Wells lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (4.70%), UNITED WHOLESALE MORTGAGE, LLC (5.06%), PRIMELENDING, A PLAINSCAPITAL COMPANY (5.08%), First Financial Bank (5.13%) and Gateway First Bank (5.43%).
Mineral Wells, TX Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| First Financial Bank | $18,475,000 | $34,885,000 | 88.8% | 15.1% |
| QUICKEN LOANS, LLC | $13,500,000 | $8,915,000 | -34.0% | 3.9% |
| GUILD MORTGAGE COMPANY | $10,105,000 | $6,325,000 | -37.4% | 2.7% |
| JPMorgan Chase Bank | $3,400,000 | $6,080,000 | 78.8% | 2.6% |
| First United Bank and Trust Company | $9,275,000 | $5,695,000 | -38.6% | 2.5% |
| Prosperity Bank | $5,965,000 | $5,590,000 | -6.3% | 2.4% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $7,670,000 | $5,275,000 | -31.2% | 2.3% |
| Gateway First Bank | $4,860,000 | $5,070,000 | 4.3% | 2.2% |
| Citizens National Bank of Texas | $5,045,000 | n/a | 2.2% | |
| 21ST MORTGAGE CORPORATION | $2,175,000 | $4,440,000 | 104.1% | 1.9% |
| Origin Bank | $1,145,000 | $3,905,000 | 241.0% | 1.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $5,360,000 | $3,725,000 | -30.5% | 1.6% |
| Community National Bank & Trust of Texas | $3,470,000 | $3,680,000 | 6.1% | 1.6% |
| First Bank | $3,105,000 | $3,620,000 | 16.6% | 1.6% |
| City Bank | $875,000 | $3,340,000 | 281.7% | 1.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $3,280,000 | $3,255,000 | -0.8% | 1.4% |
| First United Bank | $2,505,000 | $3,185,000 | 27.1% | 1.4% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $3,875,000 | $2,930,000 | -24.4% | 1.3% |
| Affiliated Bank | $410,000 | $2,830,000 | 590.2% | 1.2% |
| SFMC, LP | $3,010,000 | $2,765,000 | -8.1% | 1.2% |
| Truist | $825,000 | $2,765,000 | 235.2% | 1.2% |
| Magnolia Bank | $2,740,000 | $2,500,000 | -8.8% | 1.1% |
| Morgan Stanley Private Bank | $2,485,000 | n/a | 1.1% | |
| PlainsCapital Bank | $2,370,000 | n/a | 1.0% | |
| First National Bank | $3,355,000 | $2,215,000 | -34.0% | 1.0% |
| LOANDEPOT.COM, LLC | $4,930,000 | $2,185,000 | -55.7% | 0.9% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $815,000 | $1,980,000 | 142.9% | 0.9% |
| AMCAP MORTGAGE, LTD. | $1,625,000 | $1,945,000 | 19.7% | 0.8% |
| Colonial Savings, F.A. | $1,880,000 | $1,790,000 | -4.8% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,365,000 | $1,780,000 | 30.4% | 0.8% |
| GUARANTEED RATE, INC. | $930,000 | $1,760,000 | 89.2% | 0.8% |
| FIRST NATIONAL BANK OF WEATHERFORD | $2,305,000 | $1,735,000 | -24.7% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $1,550,000 | $1,720,000 | 11.0% | 0.7% |
| UNITED BUILT HOMES, L.L.C. | $1,660,000 | $1,720,000 | 3.6% | 0.7% |
| First Bank & Trust | $3,315,000 | $1,690,000 | -49.0% | 0.7% |
| The First National Bank of Albany | $450,000 | $1,645,000 | 265.6% | 0.7% |
| RANDOLPH-BROOKS | $345,000 | $1,560,000 | 352.2% | 0.7% |
| V.I.P. MORTGAGE, INC. | $3,060,000 | $1,560,000 | -49.0% | 0.7% |
| Stifel Bank and Trust | $1,525,000 | n/a | 0.7% | |
| CMG MORTGAGE, INC. | $2,020,000 | $1,520,000 | -24.8% | 0.7% |
| EVERETT FINANCIAL, INC. | $2,525,000 | $1,520,000 | -39.8% | 0.7% |
| Allegiance Bank | $1,455,000 | n/a | 0.6% | |
| AMERICAN ADVISORS GROUP | $150,000 | $1,400,000 | 833.3% | 0.6% |
| Mortgage Research Center, LLC | $1,575,000 | $1,390,000 | -11.7% | 0.6% |
| Community National Bank | $965,000 | $1,385,000 | 43.5% | 0.6% |
| BROKER SOLUTIONS, INC. | $1,175,000 | $1,375,000 | 17.0% | 0.6% |
| First Guaranty Mortgage Corporation | $95,000 | $1,285,000 | 1,252.6% | 0.6% |
| Citibank | $1,750,000 | $1,275,000 | -27.1% | 0.6% |
| TEXAS TECH | $1,510,000 | $1,265,000 | -16.2% | 0.5% |
| UBS Bank USA | $1,255,000 | n/a | 0.5% | |
| Bank of England | $335,000 | $1,240,000 | 270.1% | 0.5% |
| Commerce Bank | $1,235,000 | n/a | 0.5% | |
| EECU | $2,330,000 | $1,165,000 | -50.0% | 0.5% |
| MID AMERICA MORTGAGE, INC. | $1,560,000 | $1,150,000 | -26.3% | 0.5% |
| Austin Bank, Texas | $850,000 | $1,085,000 | 27.6% | 0.5% |
| InterBank | $1,930,000 | $1,070,000 | -44.6% | 0.5% |
| LOANPEOPLE, LLC | $1,025,000 | n/a | 0.4% | |
| HOME POINT FINANCIAL CORPORATION | $1,195,000 | $990,000 | -17.2% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $1,950,000 | $980,000 | -49.7% | 0.4% |
| Wells Fargo Bank | $4,340,000 | $980,000 | -77.4% | 0.4% |
| American State Bank | $965,000 | n/a | 0.4% | |
| American National Bank & Trust | $240,000 | $955,000 | 297.9% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $3,640,000 | $950,000 | -73.9% | 0.4% |
| SOUTHWEST FUNDING, LP | $585,000 | $895,000 | 53.0% | 0.4% |
| NexBank | $885,000 | n/a | 0.4% | |
| Centennial Bank | $870,000 | n/a | 0.4% | |
| AmeriHome Mortgage Company, LLC | $670,000 | $855,000 | 27.6% | 0.4% |
| CHERRY CREEK MORTGAGE, LLC | $1,165,000 | $855,000 | -26.6% | 0.4% |
| Bank of America | $5,770,000 | $825,000 | -85.7% | 0.4% |
| REDWOOD RESIDENTIAL ACQUISITION CORPORATION | $985,000 | $825,000 | -16.2% | 0.4% |
| Charles Schwab Bank, SSB | $805,000 | n/a | 0.3% | |
| COUNTRYPLACE MORTGAGE, LTD. | $720,000 | $790,000 | 9.7% | 0.3% |
| ASPIRE FINANCIAL, INC. | $2,655,000 | $785,000 | -70.4% | 0.3% |
| FirstCapital Bank of Texas | $3,125,000 | $780,000 | -75.0% | 0.3% |
| Legend Bank, N.A. | $725,000 | n/a | 0.3% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $505,000 | $720,000 | 42.6% | 0.3% |
| SWBC MORTGAGE CORPORATION | $1,805,000 | $695,000 | -61.5% | 0.3% |
| Western Bank | $695,000 | n/a | 0.3% | |
| Zions Bancorporation, N.A. | $690,000 | n/a | 0.3% | |
| SOUTHWEST STAGE FUNDING, LLC | $240,000 | $675,000 | 181.3% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,015,000 | $670,000 | -34.0% | 0.3% |
| Town Square Mortgage & Investments, Inc. | $215,000 | $665,000 | 209.3% | 0.3% |
| NEWREZ LLC | $2,325,000 | $655,000 | -71.8% | 0.3% |
| BAY EQUITY LLC | $595,000 | n/a | 0.3% | |
| Equity Prime Mortgage LLC | $570,000 | n/a | 0.2% | |
| The Jacksboro National Bank | $570,000 | n/a | 0.2% | |
| Prosperity Home Mortgage, LLC | $1,320,000 | $560,000 | -57.6% | 0.2% |
| Southside Bank | $980,000 | $555,000 | -43.4% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $410,000 | $545,000 | 32.9% | 0.2% |
| Waterstone Mortgage Corporation | $545,000 | $535,000 | -1.8% | 0.2% |
| Pinnacle Bank | $530,000 | n/a | 0.2% | |
| BOM Bank | $520,000 | n/a | 0.2% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $515,000 | n/a | 0.2% | |
| LADERA LENDING, INC. | $505,000 | n/a | 0.2% | |
| Commercial Bank of Texas | $500,000 | n/a | 0.2% | |
| Nations Lending Corporation | $490,000 | n/a | 0.2% | |
| INTERCAP LENDING INC. | $140,000 | $485,000 | 246.4% | 0.2% |
| LOANPAL, LLC | $65,000 | $480,000 | 638.5% | 0.2% |
| Citadel Servicing Corporation | $455,000 | n/a | 0.2% | |
| CERTIFIED FUNDING, L.P. | $45,000 | $450,000 | 900.0% | 0.2% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $660,000 | $445,000 | -32.6% | 0.2% |
| ARC HOME LLC | $755,000 | $435,000 | -42.4% | 0.2% |
| INTERLINC MORTGAGE SERVICES, LLC | $430,000 | $435,000 | 1.2% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $430,000 | n/a | 0.2% | |
| AgFirst Farm Credit Bank | $235,000 | $425,000 | 80.9% | 0.2% |
| FIRST COMMUNITY MORTGAGE, INC. | $425,000 | n/a | 0.2% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $420,000 | n/a | 0.2% | |
| BOKF | $2,140,000 | $415,000 | -80.6% | 0.2% |
| COMPASS MORTGAGE, INC. | $405,000 | n/a | 0.2% | |
| Farm Credit Mid-America, ACA | $475,000 | $405,000 | -14.7% | 0.2% |
| USAA Federal Savings Bank | $745,000 | $390,000 | -47.7% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $805,000 | $370,000 | -54.0% | 0.2% |
| CALIBER HOME LOANS, INC. | $1,060,000 | $365,000 | -65.6% | 0.2% |
| Guaranty Bank & Trust, N.A. | $235,000 | $365,000 | 55.3% | 0.2% |
| Veritex Community Bank | $375,000 | $365,000 | -2.7% | 0.2% |
| NATIONS RELIABLE LENDING, LLC | $355,000 | n/a | 0.2% | |
| MORTGAGE FINANCIAL SERVICES, LLC | $675,000 | $345,000 | -48.9% | 0.1% |
| Network Funding, L.P. | $470,000 | $340,000 | -27.7% | 0.1% |
| A+ Federal Credit Union | $315,000 | n/a | 0.1% | |
| Encompass Lending Group, LP | $215,000 | $315,000 | 46.5% | 0.1% |
| Simmons Bank | $300,000 | n/a | 0.1% | |
| The First National Bank of Granbury | $225,000 | $295,000 | 31.1% | 0.1% |
| Ciera Bank | $305,000 | $290,000 | -4.9% | 0.1% |
| BancorpSouth Bank | $2,370,000 | $285,000 | -88.0% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $285,000 | n/a | 0.1% | |
| CERTAINTY HOME LOANS, LLC | $165,000 | $285,000 | 72.7% | 0.1% |
| MEMBER FIRST MORTGAGE, LLC | $285,000 | n/a | 0.1% | |
| Republic State Mortgage Co. | $285,000 | n/a | 0.1% | |
| SENTE MORTGAGE, INC. | $285,000 | n/a | 0.1% | |
| LEGEND LENDING CORPORATION | $280,000 | n/a | 0.1% | |
| FORT WORTH COMMUNITY | $275,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $275,000 | n/a | 0.1% | |
| Alliance Credit Union | $265,000 | n/a | 0.1% | |
| FINANCIAL CONCEPTS MORTGAGE, LLC | $255,000 | n/a | 0.1% | |
| International Bank of Commerce | $255,000 | n/a | 0.1% | |
| GUARANTEED RATE AFFINITY, LLC | $185,000 | $245,000 | 32.4% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $245,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $185,000 | $245,000 | 32.4% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,165,000 | $235,000 | -79.8% | 0.1% |
| PNC Bank | $235,000 | n/a | 0.1% | |
| AMERISAVE MORTGAGE CORPORATION | $1,285,000 | $215,000 | -83.3% | 0.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $495,000 | $210,000 | -57.6% | 0.1% |
| First National Bank Texas | $195,000 | n/a | 0.1% | |
| Independent Bank | $195,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $185,000 | n/a | 0.1% | |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $1,175,000 | $185,000 | -84.3% | 0.1% |
| NFM, INC. | $185,000 | n/a | 0.1% | |
| Quontic Bank | $175,000 | n/a | 0.1% | |
| Ally Bank | $165,000 | n/a | 0.1% | |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $175,000 | $165,000 | -5.7% | 0.1% |
| Greenbox Loans, Inc. | $165,000 | n/a | 0.1% | |
| LAKEVIEW LOAN SERVICING, LLC | $455,000 | $165,000 | -63.7% | 0.1% |
| NEXERA HOLDING LLC | $165,000 | n/a | 0.1% | |
| ACADEMY MORTGAGE CORPORATION | $115,000 | $155,000 | 34.8% | 0.1% |
| Arvest Bank | $145,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $820,000 | $145,000 | -82.3% | 0.1% |
| Security State Bank & Trust | $145,000 | n/a | 0.1% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $135,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $440,000 | $135,000 | -69.3% | 0.1% |
| PHH Mortgage Corporation | $135,000 | n/a | 0.1% | |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $125,000 | n/a | 0.1% | |
| Lakeview Community Capital, LLC | $125,000 | n/a | 0.1% | |
| THRIVE MORTGAGE, LLC | $590,000 | $125,000 | -78.8% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $830,000 | $105,000 | -87.3% | 0.0% |
| FORT WORTH CITY CREDIT UNION | $95,000 | n/a | 0.0% | |
| VILLAGE CAPITAL MORTGAGE | $260,000 | $95,000 | -63.5% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $85,000 | n/a | 0.0% | |
| FirstBank | $75,000 | n/a | 0.0% | |
| Frost Bank | $60,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $45,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $135,000 | $45,000 | -66.7% | 0.0% |
| American Airlines Federal Credit Union | $35,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $315,000 | $35,000 | -88.9% | 0.0% |
Mineral Wells's top lender by overall market share is First Financial Bank, with 15.1% market share. In second place, with 3.9%, is QUICKEN LOANS, LLC, having originated $8,915,000 in loans. In third place, with 2.7%, is GUILD MORTGAGE COMPANY, having originated $6,325,000 in loans. In fourth place, with 2.6%, is JPMorgan Chase Bank, having originated $6,080,000 in loans. In fifth place, with 2.5%, is First United Bank and Trust Company, having originated $5,695,000 in loans.
Mineral Wells Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Mineral Wells (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $323,750 (17.5%) | $467,208 (14.8%) | 0.00 | 248 |
| 2018-02-01 | $312,450 (9.6%) | $489,714 (15.7%) | 0.00 | 268 |
| 2018-03-01 | $338,250 (13.1%) | $497,312 (10.0%) | 0.00 | 283 |
| 2018-04-01 | $377,000 (17.1%) | $524,347 (9.8%) | 0.00 | 281 |
| 2018-05-01 | $378,875 (25.8%) | $525,770 (11.0%) | 0.00 | 295 |
| 2018-06-01 | $379,000 (16.6%) | $504,821 (3.8%) | 0.00 | 294 |
| 2018-07-01 | $375,000 (7.5%) | $501,940 (0.1%) | 0.00 | 290 |
| 2018-08-01 | $375,000 (11.4%) | $502,004 (-2.2%) | 0.00 | 272 |
| 2018-09-01 | $371,950 (14.5%) | $477,536 (-4.9%) | 0.00 | 252 |
| 2018-10-01 | $373,425 (20.5%) | $474,695 (-2.7%) | 0.00 | 226 |
| 2018-11-01 | $372,450 (24.2%) | $477,146 (0.9%) | 0.00 | 218 |
| 2018-12-01 | $345,000 (15.0%) | $475,989 (4.3%) | 0.00 | 191 |
| 2019-01-01 | $345,000 (6.6%) | $493,026 (5.5%) | 0.00 | 162 |
| 2019-02-01 | $346,000 (10.7%) | $483,568 (-1.3%) | 0.00 | 184 |
| 2019-03-01 | $366,429 (8.3%) | $500,387 (0.6%) | 0.00 | 194 |
| 2019-04-01 | $375,000 (-0.5%) | $500,140 (-4.6%) | 0.00 | 214 |
| 2019-05-01 | $377,488 (-0.4%) | $505,684 (-3.8%) | 0.00 | 218 |
| 2019-06-01 | $354,500 (-6.5%) | $514,087 (1.8%) | 0.00 | 227 |
| 2019-07-01 | $354,750 (-5.4%) | $565,583 (12.7%) | 0.00 | 223 |
| 2019-08-01 | $359,064 (-4.3%) | $573,011 (14.1%) | 0.00 | 215 |
| 2019-09-01 | $365,159 (-1.8%) | $583,206 (22.1%) | 0.00 | 207 |
| 2019-10-01 | $373,938 (0.1%) | $602,606 (27.0%) | 0.00 | 195 |
| 2019-11-01 | $369,900 (-0.7%) | $613,316 (28.5%) | 0.00 | 184 |
| 2019-12-01 | $349,450 (1.3%) | $624,641 (31.2%) | 0.00 | 183 |
| 2020-01-01 | $355,250 (3.0%) | $642,326 (30.3%) | 0.00 | 172 |
| 2020-02-01 | $388,500 (12.3%) | $636,736 (31.7%) | 0.00 | 167 |
| 2020-03-01 | $389,850 (6.4%) | $663,110 (32.5%) | 0.00 | 203 |
| 2020-04-01 | $389,825 (4.0%) | $648,150 (29.6%) | 0.00 | 228 |
| 2020-05-01 | $380,000 (0.7%) | $706,391 (39.7%) | 0.00 | 211 |
| 2020-06-01 | $377,500 (6.5%) | $766,943 (49.2%) | 0.00 | 172 |
| 2020-07-01 | $373,750 (5.4%) | $713,487 (26.2%) | 0.00 | 143 |
| 2020-08-01 | $371,450 (3.5%) | $710,021 (23.9%) | 0.00 | 133 |
| 2020-09-01 | $381,500 (4.5%) | $751,369 (28.8%) | 0.00 | 134 |
| 2020-10-01 | $389,000 (4.0%) | $790,958 (31.3%) | 0.00 | 120 |
| 2020-11-01 | $386,000 (4.4%) | $808,047 (31.8%) | 0.00 | 120 |
| 2020-12-01 | $375,000 (7.3%) | $835,471 (33.8%) | 0.00 | 107 |
| 2021-01-01 | $375,000 (5.6%) | $894,690 (39.3%) | 0.00 | 102 |
| 2021-02-01 | $404,000 (4.0%) | $940,297 (47.7%) | 0.00 | 96 |
| 2021-03-01 | $410,950 (5.4%) | $803,391 (21.2%) | 0.00 | 95 |
| 2021-04-01 | $435,500 (11.7%) | $807,452 (24.6%) | 0.00 | 81 |
| 2021-05-01 | $471,998 (24.2%) | $861,212 (21.9%) | 0.00 | 79 |
| 2021-06-01 | $422,000 (11.8%) | $801,535 (4.5%) | 0.00 | 79 |
| 2021-07-01 | $444,000 (18.8%) | $807,975 (13.2%) | 0.00 | 96 |
| 2021-08-01 | $415,000 (11.7%) | $766,650 (8.0%) | 0.00 | 106 |
| 2021-09-01 | $394,250 (3.3%) | $771,261 (2.7%) | 0.00 | 97 |
| 2021-10-01 | $388,250 (-0.2%) | $782,889 (-1.0%) | 0.00 | 89 |
| 2021-11-01 | $353,000 (-8.6%) | $794,474 (-1.7%) | 0.00 | 82 |
| 2021-12-01 | $336,500 (-10.3%) | $778,617 (-6.8%) | 0.00 | 75 |
| 2022-01-01 | $419,450 (11.9%) | $771,864 (-13.7%) | 0.00 | 69 |
| 2022-02-01 | $449,475 (11.3%) | $770,873 (-18.0%) | 0.00 | 65 |
| 2022-03-01 | $499,250 (21.5%) | $794,548 (-1.1%) | 0.00 | 67 |
| 2022-04-01 | $545,000 (25.1%) | $983,845 (21.9%) | 0.00 | 64 |
| 2022-05-01 | $486,000 (3.0%) | $975,173 (13.2%) | 0.00 | 83 |
| 2022-06-01 | $472,500 (12.0%) | $940,458 (17.3%) | 0.00 | 103 |
| 2022-07-01 | $421,500 (-5.1%) | $917,080 (13.5%) | 0.00 | 123 |
| 2022-08-01 | $437,995 (5.5%) | $916,273 (19.5%) | 0.00 | 146 |
| 2022-09-01 | $436,450 (10.7%) | $794,896 (3.1%) | 0.00 | 163 |
| 2022-10-01 | $408,000 (5.1%) | $810,909 (3.6%) | 0.00 | 182 |
| 2022-11-01 | $399,000 (13.0%) | $753,820 (-5.1%) | 0.00 | 169 |
| 2022-12-01 | $375,000 (11.4%) | $667,831 (-14.2%) | 0.00 | 165 |
| 2023-01-01 | $385,000 (-8.2%) | $669,391 (-13.3%) | 0.00 | 155 |
| 2023-02-01 | $386,725 (-14.0%) | $672,610 (-12.8%) | 0.00 | 166 |
| 2023-03-01 | $413,250 (-17.2%) | $727,702 (-8.4%) | 0.00 | 183 |
| 2023-04-01 | $399,250 (-26.7%) | $695,282 (-29.3%) | 0.00 | 205 |
| 2023-05-01 | $436,250 (-10.2%) | $773,196 (-20.7%) | 0.00 | 207 |
| 2023-06-01 | $439,500 (-7.0%) | $789,032 (-16.1%) | 0.00 | 205 |
| 2023-07-01 | $454,950 (7.9%) | $813,286 (-11.3%) | 0.00 | 199 |
| 2023-08-01 | $452,950 (3.4%) | $750,624 (-18.1%) | 0.00 | 221 |
Mineral Wells's median listing price comes in at 0% of the national average.
Mineral Wells's average listing price for 2023-08-01 was $750,624, a difference of $-165,649 (-18.1%) versus the prior year and $-62,662 versus the prior month.
For the 2023-08-01 period, Mineral Wells had 221 MLS listings, a difference of 22 listings (11%) versus the prior month and 75 listings (51%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Mineral Wells (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,074 sqft |
| 2018-02-01 | 0 days | 2,077 sqft |
| 2018-03-01 | 0 days | 2,082 sqft |
| 2018-04-01 | 0 days | 2,143 sqft |
| 2018-05-01 | 0 days | 2,123 sqft |
| 2018-06-01 | 0 days | 2,109 sqft |
| 2018-07-01 | 0 days | 2,141 sqft |
| 2018-08-01 | 0 days | 2,116 sqft |
| 2018-09-01 | 0 days | 2,113 sqft |
| 2018-10-01 | 0 days | 2,087 sqft |
| 2018-11-01 | 0 days | 2,079 sqft |
| 2018-12-01 | 0 days | 2,067 sqft |
| 2019-01-01 | 0 days | 2,072 sqft |
| 2019-02-01 | 0 days | 2,058 sqft |
| 2019-03-01 | 0 days | 2,054 sqft |
| 2019-04-01 | 0 days | 2,033 sqft |
| 2019-05-01 | 0 days | 2,061 sqft |
| 2019-06-01 | 0 days | 2,061 sqft |
| 2019-07-01 | 0 days | 2,046 sqft |
| 2019-08-01 | 0 days | 2,090 sqft |
| 2019-09-01 | 0 days | 2,099 sqft |
| 2019-10-01 | 0 days | 2,121 sqft |
| 2019-11-01 | 0 days | 2,123 sqft |
| 2019-12-01 | 0 days | 2,130 sqft |
| 2020-01-01 | 0 days | 2,128 sqft |
| 2020-02-01 | 0 days | 2,212 sqft |
| 2020-03-01 | 0 days | 2,188 sqft |
| 2020-04-01 | 0 days | 2,178 sqft |
| 2020-05-01 | 0 days | 2,194 sqft |
| 2020-06-01 | 0 days | 2,233 sqft |
| 2020-07-01 | 0 days | 2,215 sqft |
| 2020-08-01 | 0 days | 2,258 sqft |
| 2020-09-01 | 0 days | 2,215 sqft |
| 2020-10-01 | 0 days | 2,189 sqft |
| 2020-11-01 | 0 days | 2,208 sqft |
| 2020-12-01 | 0 days | 2,230 sqft |
| 2021-01-01 | 0 days | 2,236 sqft |
| 2021-02-01 | 0 days | 2,281 sqft |
| 2021-03-01 | 0 days | 2,134 sqft |
| 2021-04-01 | 0 days | 2,148 sqft |
| 2021-05-01 | 0 days | 2,148 sqft |
| 2021-06-01 | 0 days | 2,002 sqft |
| 2021-07-01 | 0 days | 1,995 sqft |
| 2021-08-01 | 0 days | 1,995 sqft |
| 2021-09-01 | 0 days | 1,972 sqft |
| 2021-10-01 | 0 days | 1,978 sqft |
| 2021-11-01 | 0 days | 1,985 sqft |
| 2021-12-01 | 0 days | 2,013 sqft |
| 2022-01-01 | 0 days | 2,100 sqft |
| 2022-02-01 | 0 days | 2,180 sqft |
| 2022-03-01 | 0 days | 2,118 sqft |
| 2022-04-01 | 0 days | 2,041 sqft |
| 2022-05-01 | 0 days | 2,000 sqft |
| 2022-06-01 | 0 days | 1,943 sqft |
| 2022-07-01 | 0 days | 1,958 sqft |
| 2022-08-01 | 0 days | 1,966 sqft |
| 2022-09-01 | 0 days | 1,969 sqft |
| 2022-10-01 | 0 days | 1,958 sqft |
| 2022-11-01 | 0 days | 1,914 sqft |
| 2022-12-01 | 0 days | 1,858 sqft |
| 2023-01-01 | 0 days | 1,930 sqft |
| 2023-02-01 | 0 days | 1,928 sqft |
| 2023-03-01 | 0 days | 1,951 sqft |
| 2023-04-01 | 0 days | 1,976 sqft |
| 2023-05-01 | 0 days | 2,055 sqft |
| 2023-06-01 | 0 days | 2,045 sqft |
| 2023-07-01 | 0 days | 2,062 sqft |
| 2023-08-01 | 0 days | 2,008 sqft |
Mineral Wells's median square footage for active listings during the 2023-08-01 period was 2,008 sqft. One year prior, the average listing was 1,966 sqft.
Mineral Wells, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 491 | $164,095,000 | $334,206 |
| Cash Out Refi | 115 | $28,195,000 | $245,174 |
| Refi | 94 | $28,510,000 | $303,298 |
| Home Improvement | 32 | $3,450,000 | $107,813 |
| Other | 24 | $6,170,000 | $257,083 |
| NA | 1 | $185,000 | $185,000 |
Mineral Wells's most frequently cited loan purpose was Home Purchase, with 491 originations. The 2nd most popular reason was Cash Out Refi, with 115 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 198 | $53,840,000 | $271,919 |
| 4-5% | 173 | $65,565,000 | $378,988 |
| 3-4% | 113 | $37,265,000 | $329,779 |
| 6-7% | 97 | $25,145,000 | $259,227 |
| 7-8% | 35 | $6,795,000 | $194,143 |
| 2.5-3% | 35 | $14,845,000 | $424,143 |
| Over 8% | 32 | $4,800,000 | $150,000 |
| <2.5% | 14 | $1,570,000 | $112,143 |
During 2022, Mineral Wells's most frequently originated rate bucket was 5-6%, with 198 originations.
Loan Sizing (Mineral Wells, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 257 | $39,035,000 | $151,887 |
| $200k-400k | 230 | $63,590,000 | $276,478 |
| $100,000 or less | 118 | $7,750,000 | $65,678 |
| $400k-600k | 79 | $37,805,000 | $478,544 |
| $600k-1000k | 45 | $33,885,000 | $753,000 |
| $Over $1MM | 28 | $48,540,000 | $1,733,571 |
Mineral Wells's loan sizing saw the bucket of loans from $100k-200k with 257 originations, totaling $39,035,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 269 | $84,875,000 | $315,520 |
| 60-80% | 212 | $75,050,000 | $354,009 |
| 40-60% | 117 | $36,265,000 | $309,957 |
| 20-40% | 55 | $7,535,000 | $137,000 |
| Under 20% | 29 | $2,055,000 | $70,862 |
| Over 100% | 12 | $3,150,000 | $262,500 |
Mineral Wells's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 269 originations, totaling $84,875,000 in origination value.