How much does it cost to buy a house in Wells, ME?

In May 2026 Wells homes were listed to buy for a median price of $674K, The median value of a home listed to buy in Wells in May 2026 was $367 per sqft, which is a 4% decrease to April 2025 last month, and a 3% decrease to May 2025 last year.

Is it affordable or expensive to live in Wells, ME?

It is expensive to live in Wells. Buying a home in Wells is 2% more expensive compared with the national average.

Is it a good time to buy property in Wells, ME?

Yes now is a good time to buy property in Wells, in May 2026, homes in Wells have decreased in value (price per sqft) by 3% in the last year compared with May 2025.

Is the Wells, ME housing market slowing down?

The housing market in Wells is slowing down. In May 2026, homes to buy in Wells spent an median 33 days on the market, a 21% decrease from May 2025 last year.

What are the best and safest places to live in Wells, ME?

The best and safest neighborhoods to live in Wells in May 2026 are West End, East End, Downtown Portland, Deering Center, Stroudwater, Back Cove, Valley Street, East Deering, West Bayside, Oakdale, North Deering, Nasons Corner, Rosemont, Parkside, Riverton

How much money should I make to buy a house in Wells, ME?

In May 2026, Wells homes were listed to buy for a median price of $674K, with 25% down you would need $3.89K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $133K.

Is it a good time to sell my house in Wells, ME?

Yes now is a good time to sell your house in Wells, in May 2026, homes in Wells have decreased in value (price per sqft) by 3% in the last year compared with May 2025.