Wells MN Multi Family for Sale

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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.

Wells Real Estate Market Conditions

  • Median sales price

    $170,000
    5.38% change since last quarter
  • # Active listings

    23
    30-day change

Wells Schools and Demographics

Education near Wells, MN

Metric 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

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 56097

Demographics near Wells, MN

Metric 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