Wells County, IN Housing

The housing market in Wells, IN County is quite strong and appears to be growing. The median value of a house in the county is $192,900 which is significantly lower than the US median house price of $338,100. This makes it an attractive option for those looking for more affordable housing options. Additionally, the one-year house appreciation rate in Wells, IN County was 10.75%, much higher than the national appreciation rate of 8.27%. This shows that housing values are increasing rapidly and provides potential buyers with a great opportunity to invest in the local market.

The median home cost in Wells County is $192,900. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Wells County is up 15.6%.

Average Age of Homes

- The median age of Wells County real estate is 48 years old

The Rental Market in Wells County

- Renters make up 19.3% of the Wells County population
- 1.4% of houses and apartments in Wells County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Wells, Indiana	United States
	11,913.0	139,647,020.0
	50	42
	$192,900	$338,100
	15.6%	16.6%
	58.7%	57.0%
	83.5%	101.1%
	$5.11	$10.98
	$716	$2,690
	72.4%	57.4%
	6.7%	11.2%
	21.0%	31.4%
Vacant Housing
	1.4%	1.9%
	0.5%	0.4%
	1.0%	0.7%
	0.8%	0.4%
	0.1%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	5.6%	2.6%
	1.5%	2.4%
	5.9%	2.8%
	6.6%	3.9%
	11.3%	4.5%
	23.1%	11.3%
	16.9%	13.0%
	18.1%	20.1%
	5.9%	13.6%
	2.3%	8.3%
	1.7%	9.7%
	0.3%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.1%	13.6%
	9.1%	13.6%
	13.9%	13.6%
	11.1%	13.2%
	13.0%	14.8%
	13.9%	13.6%
	5.9%	10.0%
	4.0%	4.7%
	30.9%	12.2%

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