Current Price

$125,516

1 Month Forecast

â–² $140,196

1-Year Forecast *

â–² $153,235

5-Year Forecast *

â–² $193,396

"Is it a good time to buy homes in Wells?" "Does investing in real estate in Wells (Minnesota State, Faribault County) worth it?" According to our live Forecast System, buying a house in Wells is a good short-term (1-year) investment*. The Wells average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Wells" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Wells in Minnesota State, Faribault County. If you are looking for homes for sale with good flipping profit, Wells can be a profitable property investment option. The median price of an average house in Wells was 125,516 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Wells" area is 193,396 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +54.08% meaning that investing 100000 USD today may yield a profit of 54,081 USD by 2031.

Current Median Listing Price: 125,516 USD Median Listing Price Per Square Foot: 70 USD

Wells Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Wells (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Wells Price Target

Wells median home price target in 12 months: $153,235* (upside of 22.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $135,014 $139,067 $135,014 $139,067
2024 $117,108 $125,516 $117,108 $125,516
2023 $115,426 $117,146 $115,426 $121,647
2022 $99,184 $113,922 $99,184 $113,922
2021 $81,429 $97,167 $81,429 $97,167
2020 $72,755 $80,736 $72,755 $80,736
2019 $68,748 $72,690 $68,748 $72,690
2018 $63,701 $68,033 $63,701 $68,033
2017 $65,616 $63,659 $63,592 $65,910
2016 $61,160 $65,281 $61,160 $65,281
2015 $57,768 $60,673 $56,646 $60,673
2014 $57,638 $58,372 $57,505 $59,020
2013 $54,411 $57,537 $54,269 $57,537
2012 $48,989 $54,179 $48,989 $54,179

Questions & Answers about the Wells Housing Market Forecast

How much does an average home cost in Wells today?

The value of an average home (the listing price) in Wells is $125,516 USD.

What is the average price per square foot in Wells?

According to Walletinvestor the median price per square foot in Wells is 70 USD.

Will the median listing price of homes in Wells grow / rise / go up?

Yes. The Wells home prices may rise from 125,516 USD to 153,235 USD in one year.

Is it profitable to invest in Wells homes?

Yes. The long-term profit potential is +22.08% in one year.

Will Wells house prices fall / drop?

No. See above.

What is the predicted price of a Wells home in 2030?

The predicted home sales price of a Wells home in 2030 in Wells is 177,695 USD.

What is the predicted price of a Wells home in 2035?

The predicted home sales price of a Wells home in 2035 in Wells is 244,082 USD.

Will real estate prices decrease in Wells?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Wells is the 17958. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Faribault, Wells decreased, looking at the past 12 months.

According to Walletinvestor's Wells real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.922% to 125,516 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 22.494% in 2021
  • 23.964% in 2022
  • 21.904% in 2023
  • 21.484% in 2024
  • 22.074% in 2025
  • 20.864% in 2026

Based on our Wells real estate market research and report the predicted sales prices will increase by 635.512% in the next 10 years.

Over the last 12 months, the value of homes in Wells fluctuated: increasing 4 times .

Wells (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Wells Housing Market Forecast with Real Estate Prices for 2025
August 2025 140196 126176 154216
September 2025 141334 133137 149531
October 2025 142481 130370 154592
November 2025 143638 135307 151969
December 2025 144804 136550 153058
Wells Housing Market Forecast with Real Estate Prices for 2026
January 2026 145979 135031 156928
February 2026 147164 134802 159526
March 2026 148359 140644 156073
April 2026 149563 140888 158238
May 2026 150777 140675 160879
June 2026 152001 138321 165681
July 2026 153235 141589 164881
August 2026 154479 146291 162666
September 2026 155733 145454 166011
October 2026 156997 141297 172696
November 2026 158271 144343 172199
December 2026 158883 149509 168257
Wells Housing Market Forecast with Real Estate Prices for 2027
January 2027 159816 150067 169565
February 2027 161113 151124 171102
March 2027 162421 149915 174928
April 2027 163740 153424 174055
May 2027 165069 155495 174643
June 2027 166409 156424 176393
July 2027 167759 153332 182187
August 2027 169121 160496 177746
September 2027 168873 153167 184578
October 2027 168164 155552 180776
November 2027 167458 151382 183534
December 2027 166755 150413 183097
Wells Housing Market Forecast with Real Estate Prices for 2028
January 2028 166056 156258 175853
February 2028 165359 154776 175942
March 2028 164974 153921 176028
April 2028 164696 154814 174577
May 2028 164643 154270 175015
June 2028 165458 152883 178033
July 2028 166801 155959 177643
August 2028 168155 158066 178244
September 2028 169520 156636 182403
October 2028 170896 156199 185593
November 2028 172057 159497 184618
December 2028 173016 158829 187204
Wells Housing Market Forecast with Real Estate Prices for 2029
January 2029 172987 158802 187172
February 2029 173306 159615 186997
March 2029 173544 163305 183783
April 2029 174582 159219 189945
May 2029 175999 162623 189375
June 2029 176835 163926 189744
July 2029 177695 165967 189423
August 2029 178613 162359 194867
September 2029 179637 166524 192751
October 2029 180493 165331 195654
November 2029 181283 167143 195423
December 2029 182755 165759 199751
Wells Housing Market Forecast with Real Estate Prices for 2030
January 2030 184238 173000 195477
February 2030 185734 176447 195020
March 2030 187241 174509 199974
April 2030 188761 178191 199332
May 2030 190294 176973 203614
June 2030 191838 174573 209104
July 2030 193396 181405 205386
August 2030 194965 183462 206468
September 2030 196548 179841 213255
October 2030 198143 186651 209636
November 2030 199752 187966 211537
December 2030 201373 185465 217282
Wells Housing Market Forecast with Real Estate Prices for 2031
January 2031 203008 186767 219249
February 2031 204656 193604 215707
March 2031 206317 193113 219521
April 2031 207115 195723 218506
May 2031 208331 197706 218956
June 2031 210022 197631 222413
July 2031 211727 199870 223583
August 2031 213445 201919 224971
September 2031 215178 198394 231962
October 2031 216925 197835 236014
November 2031 218686 199223 238149
December 2031 220461 209217 231704
Wells Housing Market Forecast with Real Estate Prices for 2032
January 2032 220137 204947 235326
February 2032 219213 202114 236311
March 2032 218293 204104 232482
April 2032 217377 200421 234332
May 2032 216464 203910 229019
June 2032 215556 196156 234956
July 2032 215055 200001 230109

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.