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 $160,593, lower than the New York average of $481,023.
The average cost of rent is $789/mo in Wells, primarily driven by the current value of real estate in the Wells area. While nearly 52.47% of residents own their homes outright in Wells, 15.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wells is $4,100 per month. Households that rent pay about 19.25% of their income on rent here. Wells's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Lake Pleasant, NY: equally priced homes
- Speculator, NY: equally priced homes
- Upper Benson, NY: equally priced homes
- Piseco, NY: equally priced homes
- Northville, NY: higher priced homes
- Benson, NY: equally priced homes
- Edinburg, NY: higher priced homes
- Knowelhurst, NY: equally priced homes
- Overlook, NY: higher priced homes
- Jackson Summit, NY: higher priced homes
Cities with Similar Populations
- Lacrosse, WA: less expensive homes
- Smithmill, PA: less expensive homes
- Sisco Heights, WA: higher priced homes
- Silver Spring, NC: equally priced homes
- Lorne, VA: higher priced homes
- Landersville, AL: less expensive homes
- Lamont, MI: higher priced homes
- Lakeside, MI: higher priced homes
- Lahmansville, WV: higher priced homes
- Smyrna, NC: higher priced homes
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