Housing in Wells, TX

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — August 2025

Median Sale Price

$119,000

Median List Price

N/A

Price Per Sq Ft

$85

Days on Market

463

Active Inventory

2

Months of Supply

1.0

Seller's market

Price Trends

Source: Redfin
Sale Price 60.1%List Price 10.7%May 24Aug 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

2

Homes Sold 100.0%New Listings 0.0%Pending 0.0%May 24Aug 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$85

Sale $/SF 59.9%List $/SF 61.7%May 24Aug 25

Wells vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Wells is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$100,000

Median Rent

$772

Total Housing Units

311

Vacancy Rate

24.4%

Owner Occupied

58.7%

Renter Occupied

41.3%

Median Property Tax

N/A

per year

Monthly Cost (w/ Mortgage)

$474

Housing Types

Single Family
59.2%
Multi-Family
25.1%
Mobile Home
15.8%

The current median sale price in Wells, TX is $119,000 according to Redfin data. Homes spend a median of 463 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $85. The median rent is $772 per month (Census ACS). About 58.7% of housing units are owner-occupied. The median year homes were built is 1977. There are 311 total housing units.