Photo: Anon a mouse Lee · CC BY-SA 4.023 homes sold in Wells in the last year, at a typical $131K
Almost every sale is a house. Below: what each kind of home sells for and a shortcut to every site where Wells homes are listed.
Every place Wells homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Wells.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Wells’ sales, at a typical — (year to May 2026)
23 homes sold in the year to September 2026.
Fewer homes sell than before 2023, at twice the 2016 price
23 sales in the last year, against 54 in 2022 and a low of 19 in 2012. The typical sale went from $65K in 2016 to $131K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Owning the typical Wells home costs about $828 a month
Price: Wells’ typical sale, last 12 months. Property tax at Wells’ 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Wells is affordable on local pay is on Cost of living.
Five things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $131K home, about $1,730 a year.
Taxes vs. neighborsSchools
The schools grade for Wells, from test results, graduation and how much students grow.
Schools in WellsCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Blue Earth sells for less a square foot; New Richland, Mapleton and Albert Lea for far more
The busier markets within 25 miles of Wells, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Albert Lea | 270 | $179K | $119 | 23% | 42 |
| Blue Earth | 57 | $165K | $86 | 15% | 48 |
| Wells | 23 | $131K | $90 | 13% | 43 |
| New Richland | 22 | $186K | $123 | 30% | 42 |
| Mapleton | 22 | $234K | $141 | 23% | 56 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Wells, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Wells. People who follow the town see it, and so do people comparing Wells with their own town. No commission, no listing fee.
Questions about buying a home in Wells
What do homes sell for in Wells, MN?
23 homes sold in the year to September 2026 at a typical $131K, $90 a square foot.
Is Wells a buyer’s or seller’s market?
A seller’s market: 9 homes were for sale in September 2026 and 2 sold, about 3.9 months of supply. Buyers paid 93.9% of asking on average.
How much are property taxes in Wells?
About 1.3% of a home’s value a year. On a $131K home that’s near $1,730.
Where can I see homes for sale in Wells?
Zillow, Redfin, Realtor.com and Homes.com all carry Wells’ MLS listings; the search links above open each one filtered to Wells.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).