Housing Prices in Wells, MI

How much do homes in Wells, MI cost?

Median List Price

$243,000

$154/sqft

Based on all homes listed in December 2024.

Difference Since Last Month

-$15,950(-6.2%)

Key Takeaway

The list price of homes in Wells has decreased by 6.2% since November.

Summary: The median home list price in Wells was $243,000 in December 2024, down 6.2% from the previous month, and the median price per square foot was $154.

Median List Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $258.9K$243K
-6.2%
4 --
N/A
5+ --
N/A

Summary: Wells housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Wells Township
0.0%
Wells
-6.2%

Housing Supply in Wells, MI

How many homes are available in Wells, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
23+50.0%

Summary: The Wells real estate market had 3 homes for sale in December 2024, a 50.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Wells housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Wells, MI

How long does it take to sell a home in Wells, MI?

Average Listing Age

Nov 2024Dec 2024CHANGE
75 Days77 Days+2.4%

Summary: Homes in Wells had an average listing age of 77 days in Dec 2024, up by 2.4% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Wells, MI

Nearby Markets to Wells, MI

What housing markets are near Wells, MI?