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These days, finding an affordable place to live in the Wells Branch area can be challenging. Home prices in Wells Branch are now at a median cost of $447,700, higher than the Maine average of $330,167.
The average cost of rent is $1,627/mo in Wells Branch, primarily driven by the current value of real estate in the Wells Branch area. In Wells Branch, 1.25% of households rent, and 32.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wells Branch is $10,929 per month. Households that rent pay about 14.89% of their income on rent here. Wells Branch’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- West Kennebunk, ME: higher priced homes
- South Sanford, ME: less expensive homes
- Highpine, ME: equally priced homes
- Kennebunk, ME: higher priced homes
- Bar Mills, ME: equally priced homes
- Alfred Mills, ME: less expensive homes
- Wells, ME: higher priced homes
- Alfred, ME: less expensive homes
- Sanford, ME: less expensive homes
- Goodwins Mills, ME: less expensive homes
Cities with Similar Populations
- Stevensville, VA: less expensive homes
- Kanawha Drive, WV: less expensive homes
- Standing Rock, AL: less expensive homes
- Stanley, ID: higher priced homes
- Stansbury Park, UT: higher priced homes
- Stanton, WI: less expensive homes
- Stapleton, VA: less expensive homes
- Stephens, OR: higher priced homes
- Sterling Center, MN: less expensive homes
- Jones, TX: less expensive homes
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