Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Wells area can be challenging. Home prices in Wells are now at a median cost of $118,485, lower than the Kentucky average of $164,895.
The average cost of rent is $680/mo in Wells, primarily driven by the current value of real estate in the Wells area. While nearly 50.36% of residents own their homes outright in Wells, 25.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wells is $3,584 per month. Households that rent pay about 18.96% of their income on rent here. Wells's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Central City, KY: equally priced homes
- Nelson, KY: equally priced homes
- South Carrollton, KY: less expensive homes
- Martwick, KY: equally priced homes
- Cleaton, KY: less expensive homes
- Rockport, KY: less expensive homes
- Moorman, KY: less expensive homes
- Gishton, KY: less expensive homes
- Hillside, KY: less expensive homes
- Powderly, KY: less expensive homes
Cities with Similar Populations
- South Olive, OH: less expensive homes
- Knox, ND: less expensive homes
- Koen, CO: less expensive homes
- Kyserike, NY: higher priced homes
- Labette, KS: equally priced homes
- Lambert Lake, ME: less expensive homes
- Landsaw, KY: less expensive homes
- Lane, ID: higher priced homes
- Lockhart, CA: higher priced homes
- Lodi, OK: less expensive homes
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