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Wells MN Multi-family Properties For Sale

The median home value in Wells, MN is $114,600. This is lower than the county median home value of $133,300. The national median home value is $338,100. The average price of homes sold in Wells, MN is $114,600. Approximately 70.31% of Wells homes are owned, compared to 19.47% rented, while 10.22% 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!

Learn More About Wells Real Estate

Statistics & facts

2,283 Population
$114K Medium Home Value
1,019 # of Households
10.22% Housing Vacancy
23.26% Future Job Growth
3.20% Unemployment Rate

Andrea Conner, License 10311208085, Xome Inc., License 10991227159, AndreaD.Conner@Xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

© 2025 Greater Capital Association of REALTORS (CRMLSNY). All rights reserved. The data relating to real estate for sale on this website have been downloaded from CRMLS. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. Information herein is deemed reliable but not guaranteed, representations are approximate, individual verification's recommended. Per New York legal requirement, click here for the Standard Operating Procedures.
New York Fair Housing Notice

Andrea Conner, License 10311208085, Xome Inc., License 10991227159, AndreaD.Conner@Xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

© 2025 Greater Capital Association of REALTORS (CRMLSNY). All rights reserved. The data relating to real estate for sale on this website have been downloaded from CRMLS. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. Information herein is deemed reliable but not guaranteed, representations are approximate, individual verification's recommended. Per New York legal requirement, click here for the Standard Operating Procedures.
New York Fair Housing Notice


Population

Wells has a population of approximately 2,283 and experiences a population change rate of -8.46%. The population density is 1,167.8 / sq mi.

Household

The median household income for Wells is $47,383, with 1,019 households and an average household size of 2.2.

Cost of Living

The cost of living index in Wells is 76.1%.

Home Value

The median value of a home in Wells is $114,600 with an appreciation rate of 11.6%. 70.3% of housing in the city is owned while 19.5% is rented.

Employment

The unemployment rate in Wells is 3.20%, and recent job growth is at -2.54%. Future job growth is projected at 23.26%.

Taxes

The sales tax rate in Wells is 7.38%, while the income tax rate is 6.80%.

Education

School expenditures in Wells are $15,035, and the school ratio is 15.9:1.

Weather

The average high temperature in July is 82.6 degrees, with an average low temperature in January of 5.1 degrees. The average rainfall is approximately 32.4 inches per year, with 40.6 inches of snow per year.

Education near Wells MN

Metric City County
High School Graduates 91.22 92.55
College Degree - 2 year 9.6 13.17
College Degree - 4 year 21.5 20.23
Graduate Degree 3.93 3.24
Expenditures per Student $15,035 $15,035
Students per Teacher 15.90 15.90

Elementary Schools near Wells MN

School 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

Middle Schools near Wells MN

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

High Schools near Wells MN

School 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

Ungraded Schools near Wells MN

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

Top Zip Codes for real estate in Wells