Wells, MN Housing Statistics

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A

58%

Med. Home Val. NAT. AVG.

39%

Rent NAT. AVG.

28%

Owner Occ. NAT. AVG.

Wells Housing Information

Index	Wells	Minnesota	National
Median home price	$138,771	$339,061	$326,622
Median rent asked	$883	$1,332	$1,444
Avg. people per household	2.0	2.4	2.6
Owner occupied households	81.1%	71.4%	63.6%
Renter occupied households	18.9%	28.6%	36.4%

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Homes For Sale In Wells, MN

799 4th St SW

Wells, MN

400 2nd Ave SE

Wells, MN

801 4th Ave SW

Wells, MN

168 10th St SE

Wells, MN

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Housing Quick Facts

The median home price in Wells is 58% lower than the national average.
The median rent asked in Wells is 39% lower than the national average.
The average number of people per household in Wells is 22% lower than the national average.
The number of owner occupied households in Wells is 28% higher than the national average.
The number of renter occupied households in Wells is 48% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Manchester, MN	57	$0	100%
Bricelyn, MN	301	$61,432	81%
Walters, MN	66	$73,619	77%
Kiester, MN	574	$91,121	72%
Frost, MN	214	$111,926	66%
Wells, MN	2,422	$138,771	58%

Cities with similar population

	Population	Home Price	National Avg.
Franklinton, NC	2,422	$189,464	42%
Springdale CDP, SC	2,422	$111,336	66%
Henry, IL	2,422	$163,153	50%
Sparks, GA	2,423	$100,442	69%
Bay, AR	2,423	$156,351	52%
Wells, MN	2,422	$138,771	58%

Source: The Wells, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.