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 $166,520, lower than the Vermont average of $260,894.
The average cost of rent is $942/mo in Wells, primarily driven by the current value of real estate in the Wells area. While nearly 50.98% of residents own their homes outright in Wells, 19.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wells is $5,510 per month. Households that rent pay about 17.10% of their income on rent here. Wells's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- North Pawlet, VT: higher priced homes
- South Poultney, VT: higher priced homes
- Middle Granville, NY: less expensive homes
- South Granville, NY: less expensive homes
- West Pawlet, VT: higher priced homes
- Granville, NY: less expensive homes
- Middletown Springs, VT: higher priced homes
- Pawlet, VT: higher priced homes
- Hampton, NY: less expensive homes
- Slyboro, NY: equally priced homes
Cities with Similar Populations
- Perrysville, IN: less expensive homes
- Jarreau, LA: higher priced homes
- Jonah, TX: higher priced homes
- Juliaetta, ID: higher priced homes
- Karlstad, MN: less expensive homes
- Kernstown, VA: higher priced homes
- Kimball, SD: equally priced homes
- Kinneville, MI: higher priced homes
- Kynesville, FL: less expensive homes
- Lancaster, OR: higher priced homes
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