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Featured local agent — Wells, TX
Sarah Mitchell
Compass Real Estate · Wells, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wells, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$120,400median sale price
How is the Wells, TX housing market right now?
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. (Source: Redfin monthly MLS data, as of July 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Wells a buyer's or seller's market?
Wells, TX is currently a balanced market, based on 2.0 months of supply and homes selling in about 138 days. How we determine this →
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
What does the Wells housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $120,400 |
| Median list price | $149,000 |
| Average days on market | 138 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 97.5% |
| Median price per sq ft | $136/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 50.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Wells by property type?
How the Wells, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $120,400 | $136/sq ft | 1 | 138 days |
Source: Redfin · Updated monthly
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.
Homes for sale in Wells
There are currently 2 homes listed for sale in Wells, Texas. The median listing price is $149K.
Active listings
2
Homes on market
Median list price
$149K
Avg. days on market
138
Days until sale
New this week
1
Newly listed
Who lives in Wells?
Population
741
Median income
$64,250/yr
Median age
30.6 years
Owner-occupied
58.7%
College grads
2.7%
Avg commute
20.8 min
Source: U.S. Census Bureau ACS
What is it like to live in Wells?
Wells is a community of approximately 1K residents with a median age of 30.6 years.The median household income is $64,250, which represents a working-class community with solid middle-income opportunities. 2.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 58.7%, showing a blend of owner and renter-occupied properties. The average commute time is 20.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wells offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Wells?
1 schools tracked · 242 students
The largest public schools serving Wells, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
WELLS SCHOOL
Grades PK-12 · 242 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Wells, TX?
Want a head-to-head view? Compare Wells side-by-side with any other U.S. city using our market-comparison tool.
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.
What is the median income in Wells?
The median household income is $64,250 per year.
Is Wells a buyer's or seller's market?
With 2.0 months of supply, Wells is currently a balanced market.
How much does a single-family home cost in Wells?
The median single-family home price in Wells, TX is $120,400 (about $136 per square foot).
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