Housing & Real Estate — Wells, Minnesota
Overview
| Total Housing Units | 1,198 |
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| Occupied | 1,110 |
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| Vacant | 88 |
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| Owner-Occupied | 844 |
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| Renter-Occupied | 266 |
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| Median Home Value (Census) | $103,900 |
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| Estimated 2026 | ~$112,000 |
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| Median Rent | $699/mo |
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| Median Property Tax | $1,379/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | affordable |
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| Rent as % of Income | 13.9% |
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| Severely Rent-Burdened | 18.2% |
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Housing Age
| Built 2010 or later | 12 |
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| Built 2000-2009 | 37 |
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| Built 1990-1999 | 62 |
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| Built before 1960 | 739 |
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| Median Year Built | 1954 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
