Wells Real Estate Market Conditions

Median sales price
$170,000

5.38% change since last quarter
# Active listings
17
30-day change

Wells Schools and Demographics

Schools
Demographics

Education near Wells, MN

	City	County
High School Graduates	81.95	90.76
College Degree - 2 year	9.67	12.3
College Degree - 4 year	16.96	17.33
Graduate Degree	2.86	2.6
Expenditures per Student	19,885	16,513
Students per Teacher	12.6	13.1

Elementary Schools near Wells, MN

	Grades	Students	P/T Ratio	ZIP
Alden-Conger Elementary School	PK - 06	269	12.8	56009
Maple River East Elementary School	PK - 05	181	13.3	56068
United South Central Elementary School	PK - 06	365	12.6	56097

	Grades	Students	P/T Ratio	ZIP
Maple River Middle School	06 - 08	225	15.4	56065

	Grades	Students	P/T Ratio	ZIP
Alden-Conger Secondary School	07 - 12	230	15.7	56009
Maple River Senior High School	09 - 12	322	14.8	56065
United South Central High School	07 - 12	314	14.9	56097

	Grades	Students	P/T Ratio	ZIP
Nrheg Secondary School	06 - 12	496	15.1	56072
Southern Minnesota Special Service Coop	01 - 07	0		56097

	City	County
Neighborhood Type	Small Town
Population	2,377	13,966
Population Density	1,216	20
Median Age	43.3	46.8
People per Household	2.3	2.2
Median Household Income	42,177	50,847
Average Income per Capita	22,348	29,116

View Homes for Sale in Wells

Wells Real Estate

The median home value in Wells, MN is $170,000. This is higher than the county median home value of $103,300. The national median home value is $219,700. The average price of homes sold in Wells, MN is $170,000. Approximately 67.47% of Wells homes are owned, compared to 24.69% rented, while 7.84% are vacant. Wells real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Wells real estate agent to arrange a tour today!

Wells, Minnesota has a population of 2,377. Wells is more family-centric than the surrounding county with 28.24% of the households containing married families with children. The county average for households married with children is 25.74%.

The median household income in Wells, Minnesota is $42,177. The median household income for the surrounding county is $50,847 compared to the national median of $57,652. The median age of people living in Wells is 43.3 years.

Wells Weather

The average high temperature in July is 82.7 degrees, with an average low temperature in January of 4.9 degrees. The average rainfall is approximately 33.3 inches per year, with 39.9 inches of snow per year.