The housing market in Wells, TX (zip code 75976) reflects a median house value of $113,000. This is significantly lower than the US median house value of $338,100. However, the appreciation rate in Wells is 16.22%, which is double the US average of 8.27%. This suggests that the housing market in Wells is continuing to grow and can be an attractive option for potential homeowners.
The median home cost in Wells (zip 75976) is $113,000. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Wells (zip 75976) is up 19.7%.
Average Age of Homes
- The median age of Wells (zip 75976) real estate is 40 years old
The Rental Market in Wells (zip 75976)
- Renters make up 33.7% of the Wells (zip 75976) population
- 2.7% of houses and apartments in Wells (zip 75976), 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.