Market Overview
Home Prices in Wells, VT
The median home value in Wells, VT is $337,641 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.9% compared to a year ago and up 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wells are priced18% below average. Wells is part of the Rutland, VT metro area.
Over the past five years, Wells home values have risen by approximately39.8%, reflecting strong long-term appreciation in this market.
Price History
Wells Home Price Trend
2020
$203,709
$204K
—
2021
$241,560
$242K
+18.6%
2022
$285,391
$285K
+18.1%
2023
$293,563
$294K
+2.9%
2024
$305,920
$306K
+4.2%
2025
$315,973
$316K
+3.3%
2026
$337,641
$338K
+6.9%
City Comparison
Wells vs. National Median
🏠 Wells
$337,641
National Median
$410,000
At $337,641, homes in Wells cost 18% below the national median of $410,000. This makes Wells a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Wells?
20% Down Payment
$67,528
on $337,641
Monthly P&I
$1,761/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,236/mo
incl. taxes & insurance
Income Needed
$89,440
gross annual (30% rule)
10% Down Option
$33,764
+ PMI applies
Loan Amount (20% dn)
$270,113
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Wells, VT?
The median home value in Wells is $337,641 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.9% year-over-year.
How much have home prices changed in Wells?
Over the past year, home values in Wells have increased by 6.9%. Over five years, prices have risen approximately 39.8%.
How much do I need to earn to buy a home in Wells?
To comfortably afford the median home price of $337,641 with a 20% down payment ($67,528) at today's rates (6.8%), you'd need a gross annual income of approximately $89,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Wells compare to the national average home price?
The national median home value is approximately $410,000. At $337,641, homes in Wells are 18% below the national average.
What metro area is Wells part of?
Wells is part of the Rutland, VT metropolitan area. Home prices and market conditions can vary across the broader metro region.