House Prices

House Prices & Home Values Wells, MN 2026


Average Data

average house price$111,073
average size per house2004 ft²
average price per ft²56 $ / ft²

05/03/2026 - The value range (VR) for house prices in Wells, MN is $51/ sqft to $51/ sqft. An average home with 2004 sqft costs approximately $102,204 to $102,204. Wells, MN includes 1 ZIP codes and it is located in Faribault county. The lowest prices are found in ZIP 56097, while the highest are in ZIP 56097. The average price per sqare feet is $56. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Wells

5609752 $ / ft²




Historical development of home values in Wells

Year Estimated value (USD) Change vs. 2025
2010 $51,584 -53.6%
2011 $49,590 -55.4%
2012 $49,456 -55.5%
2013 $51,305 -53.8%
2014 $53,856 -51.5%
2015 $56,620 -49.0%
2016 $59,575 -46.4%
2017 $62,790 -43.5%
2018 $66,261 -40.3%
2019 $69,334 -37.6%
2020 $72,918 -34.4%
2021 $82,936 -25.3%
2022 $96,685 -13.0%
2023 $101,959 -8.2%
2024 $107,858 -2.9%
2025 $111,073 0.0%

Graph: estimated home values in Wells over time (USD)



Example: 100% financing house in Wells

Loan amount: $111,073

Interest rate: 6.00%

Fixed monthly payment: $665.94

Breakdown in the 1st month:
Interest portion: $555.37  –  Principal portion: $110.57

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $6,627.28 $1,363.99 $109,709.01
2 $6,543.15 $1,448.12 $108,260.89
3 $6,453.83 $1,537.43 $106,723.46
4 $6,359.01 $1,632.26 $105,091.20
5 $6,258.33 $1,732.93 $103,358.27
6 $6,151.45 $1,839.82 $101,518.45
7 $6,037.97 $1,953.29 $99,565.16
8 $5,917.50 $2,073.77 $97,491.39
9 $5,789.59 $2,201.67 $95,289.71
10 $5,653.80 $2,337.47 $92,952.25
11 $5,509.63 $2,481.64 $90,470.61
12 $5,356.57 $2,634.70 $87,835.91
13 $5,194.06 $2,797.20 $85,038.70
14 $5,021.54 $2,969.73 $82,068.98
15 $4,838.37 $3,152.89 $78,916.08
16 $4,643.91 $3,347.36 $75,568.73
17 $4,437.45 $3,553.82 $72,014.91
18 $4,218.26 $3,773.01 $68,241.90
19 $3,985.55 $4,005.72 $64,236.19
20 $3,738.48 $4,252.78 $59,983.40
21 $3,476.18 $4,515.08 $55,468.32
22 $3,197.70 $4,793.56 $50,674.75
23 $2,902.04 $5,089.22 $45,585.53
24 $2,588.15 $5,403.11 $40,182.42
25 $2,254.90 $5,736.37 $34,446.06
26 $1,901.09 $6,090.17 $28,355.88
27 $1,525.46 $6,465.80 $21,890.08
28 $1,126.67 $6,864.60 $15,025.49
29 $703.28 $7,287.99 $7,737.50
30 $253.77 $7,737.50 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Wells, MN


1500 sqft3900 sqft
Ø selling price$101,641$216,217
Ø fast selling$92,401$194,595
Ø high price sale$110,881$237,838

In 2026, houses in Wells, MN will be offered at an average price of $56 per square foot. A 1,500 sqft home priced at $101,641 is 23.41% more expensive per square foot than a 3,900 sqft home priced at $216,217. Home prices in Wells, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $149,688. Sellers who can wait longer may achieve a higher price of up to $182,953.

FAQ – Home Values in Wells

What is the median home value in Wells in 2026?

In 2026, the typical home value in Wells is about $111,073 for an average home size of 2004 square feet. This corresponds to an average price of roughly $56 per square foot.

What is the average cost per square foot in Wells?

In 2026, homes in Wells sell for an average of around $56 per square foot, with a typical range between $51 and $51 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Wells is about 2004 square feet, with an estimated 2026 value around $111,073.



Locations close to Wells, MN

Winnebago, MN51 $ / ft²
Windom, MN83 $ / ft²
Adrian, MN109 $ / ft²
Waterville, MN162 $ / ft²
Waseca, MN102 $ / ft²
Waldorf, MN36 $ / ft²
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