Market Overview
Home Prices in Mineral Wells, WV
The median home value in Mineral Wells, WV is $212,833 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.9% compared to a year ago and up 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mineral Wells are priced48% below average. Mineral Wells is part of the Parkersburg-Vienna, WV metro area.
Over the past five years, Mineral Wells home values have risen by approximately24.3%, reflecting strong long-term appreciation in this market.
Price History
Mineral Wells Home Price Trend
City Comparison
Mineral Wells vs. National Median
At $212,833, homes in Mineral Wells cost 48% below the national median of $410,000. This makes Mineral Wells a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mineral Wells?
20% Down Payment
$42,567
on $212,833
Monthly P&I
$1,110/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,410/mo
incl. taxes & insurance
Income Needed
$56,400
gross annual (30% rule)
10% Down Option
$21,283
+ PMI applies
Loan Amount (20% dn)
$170,266
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Mineral Wells, WV?
The median home value in Mineral Wells is $212,833 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.9% year-over-year.
How much have home prices changed in Mineral Wells?
Over the past year, home values in Mineral Wells have increased by 3.9%. Over five years, prices have risen approximately 24.3%.
How much do I need to earn to buy a home in Mineral Wells?
To comfortably afford the median home price of $212,833 with a 20% down payment ($42,567) at today's rates (6.8%), you'd need a gross annual income of approximately $56,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Mineral Wells compare to the national average home price?
The national median home value is approximately $410,000. At $212,833, homes in Mineral Wells are 48% below the national average.
What metro area is Mineral Wells part of?
Mineral Wells is part of the Parkersburg-Vienna, WV metropolitan area. Home prices and market conditions can vary across the broader metro region.