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 $73,921, lower than the Texas average of $235,268.
The average cost of rent is $770/mo in Wells, primarily driven by the current value of real estate in the Wells area. While nearly 73.13% of residents own their homes outright in Wells, 20.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wells is $5,030 per month. Households that rent pay about 15.32% of their income on rent here. Wells's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Brunswick, TX: equally priced homes
- Pollok, TX: higher priced homes
- Ratcliff, TX: equally priced homes
- Tadmor, TX: higher priced homes
- Davisville, TX: higher priced homes
- Hudson, TX: higher priced homes
- Weches, TX: higher priced homes
- Lufkin, TX: higher priced homes
- Kennard, TX: higher priced homes
- Martinsville, TX: higher priced homes
Cities with Similar Populations
- Sandy Ridge, NC: higher priced homes
- Guy, TX: higher priced homes
- Harding Lakes, NJ: higher priced homes
- Harvey, ND: higher priced homes
- Helen, MD: higher priced homes
- Hickory Tavern, SC: higher priced homes
- Irons, MI: higher priced homes
- Joaquin, TX: higher priced homes
- Kent, CT: higher priced homes
- Kinston, AL: higher priced homes
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