Wells, TX Housing Market & Real Estate

Balanced market

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Wells, TX is $120,400. Homes sell in an average of 138 days with 2 active listings. The market is currently a balanced market.

$120,400median sale price

Homes sold

1

Last 12 weeks

Days on market

138

Average pace

Active listings

2

2.0 months supply

Sale-to-list

97.5%

Below asking

Wells, TX market data

Current housing market statistics for Wells, TX
MetricValue
Median sale price$120,400
Median list price$158,000
Average days on market138 days
Active inventory2 listings
Months of supply2.0 months
Sale-to-list price ratio97.5%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Wells housing market is currently classified as a balanced market with a median sale price of $120,400. Prices have fallen 0.0% compared to last year, with homes spending an average of 138 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Wells

There are currently 2 homes listed for sale in Wells, Texas. The median listing price is $158K.

Active listings

2

Homes on market

Median list price

$158K

Avg. days on market

138

Days until sale

New this week

1

Newly listed

Price drops:50.0%of listings
Sale-to-list:97.5%

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Frequently asked questions

What is the average home price in Wells?

The median home sale price in Wells is $120,400, down 0.0% from last year.

How long do homes stay on market in Wells?

Homes typically spend 138 days on market before going under contract.

Is Wells a buyer's or seller's market?

With 2.0 months of supply, Wells is currently a balanced market.

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