The housing market in Wells, VT is thriving. The median value of homes in Wells is $281,900, which is significantly lower than the U.S. median value of $338,100. However, this difference is made up for by the higher rate of appreciation in Wells over the past year at 15.30%, compared to the U.S. appreciation rate of 8.27%. This shows that Wells has a very strong and growing housing market and can be a great place to invest in real estate.
The median home cost in Wells is $281,900. Home appreciation the last 10 years has been 63.5%. Home Appreciation in Wells is up 19.1%.
Average Age of Homes
- The median age of Wells real estate is 43 years old
The Rental Market in Wells
- Renters make up 8.6% of the Wells population
- 0.0% of houses and apartments in Wells, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.