Zip 04090 (Wells, ME) Housing

Wells, ME (04090) has a median housing value of $472,700, which is significantly higher than the US median value of $338,100. While the US saw a 1-year house appreciation of 8.27%, Wells experienced an even higher rate of 12.21%. This shows that the housing market in Wells is flourishing and may be a great investment for those looking to buy real estate in the area.

The median home cost in Wells (zip 04090) is $472,700. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Wells (zip 04090) is up 16.2%.

Average Age of Homes

- The median age of Wells (zip 04090) real estate is 36 years old

The Rental Market in Wells (zip 04090)

- Renters make up 9.0% of the Wells (zip 04090) population
- 1.0% of houses and apartments in Wells (zip 04090), 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, Maine	United States
	9,092.0	139,647,020.0
	33	42
	$472,700	$338,100
	16.2%	16.6%
	66.0%	57.0%
	95.8%	101.1%
	$11.95	$10.98
	$2,593	$2,690
	45.5%	57.4%
	46.1%	11.2%
	8.4%	31.4%
Vacant Housing
	1.0%	1.9%
	1.0%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	41.1%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	2.1%	2.4%
	0.3%	2.8%
	0.5%	3.9%
	3.0%	4.5%
	6.1%	11.3%
	5.7%	13.0%
	20.7%	20.1%
	24.8%	13.6%
	12.8%	8.3%
	14.1%	9.7%
	2.2%	3.9%
	2.7%	2.2%
	0.9%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	23.7%	13.6%
	23.7%	13.6%
	12.0%	13.6%
	14.1%	13.2%
	14.5%	14.8%
	12.0%	13.6%
	7.4%	10.0%
	2.4%	4.7%
	9.2%	12.2%

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