Checked
Wells, MN Home Values and Rents
The typical home value in Wells is $140,469, 353rd highest of 363 cities and towns in Minnesota. Median rent is $694 a month.
- Typical home value
- $140,469
- 353rd of 363 in MN
- Median rent
- $694/mo
- ACS 2020-2024
- Price change, 1 year
- -0.7%
- Sep 2026
- Homeownership
- 76.1%
- MN: 72.2%
Typical home value in Wells
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Wells |
|---|---|
| Sep 2026 | $140,469 |
| Dec 2025 | $143,333 |
| Dec 2024 | $136,596 |
| Dec 2023 | $127,487 |
| Dec 2022 | $123,979 |
| Dec 2021 | $105,745 |
| Dec 2020 | $87,864 |
| Dec 2019 | $79,107 |
| Dec 2018 | $74,039 |
| Dec 2017 | $69,279 |
| Dec 2016 | $71,044 |
| Dec 2015 | $66,029 |
| Dec 2014 | $63,525 |
| Dec 2013 | $62,617 |
| Dec 2012 | $58,962 |
Over five years, Wells prices changed +38.8%.
Source: Zillow Research · Last updated 09/01/2026
Share:
Fair Market Rents, FY2027
HUD rent standard for Faribault County, MN
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $706 | +5.2% |
| 1 bedroom | $859 | +8.7% |
| 2 bedrooms | $1,014 | +4.2% |
| 3 bedrooms | $1,386 | +5.6% |
| 4 bedrooms | $1,391 | +5.6% |
Frequently asked questions
- What is the typical home value in Wells, MN?
- The typical home value in Wells is $140,469 (Zillow Home Value Index, Sep 2026). The Minnesota median is $329,300.
- How much is rent in Wells?
- The median rent in Wells is $694 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
- Are home prices going up in Wells?
- The typical home value in Wells changed -0.7% over one year and +38.8% over five years, as of Sep 2026.
- How does Wells compare with the rest of Minnesota?
- Wells has the 353rd highest median home value of 363 cities and towns with 1,000+ residents in Minnesota.