Wells Housing Market Report January 2025Hamilton County, New York

hero building illustration for mobile

Housing Prices in Wells, NY

How much do homes in Wells, NY cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$192,999$142/SqFt
-$101,000
-34.4%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Wells has decreased by 34.4% since last year.

Summary: The median home list price in Wells was $192,999 in January 2025, down 34.4% from the previous year, and the median price per square foot was $142.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Lake Pleasant
+26.4%
Northville
-12.3%
Wells
-34.4%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
2$299K$84.5K
-71.7%
3$289K$249K
-13.8%
4$148.1K$199.9K
+35.0%
5$679K$339K
-50.1%
1$89.9K-
N/A

Summary: Wells housing price by bedroom type for January 2025, compared to the previous year. The home price for 2 bedroom homes decreased by -71.7%. The home price for 3 bedroom homes decreased by -13.8%. The home price for 4 bedroom homes increased by +35.0%. The home price for 5 bedroom homes decreased by -50.1%. The home price for 1 bedroom homes did not change.

Housing supply in Wells, NY

How many homes are available in Wells, NY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
4Last MonthJan 2025
42 months agoDec 2024
0.0 %
Change MoMDec – Jan

Summary: The Wells real estate market had 4 homes for sale in Jan 2025, the same as Dec 2024

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
221
-50.0%
312
+100.0%
411
0.0%
500
0.0%
100
0.0%

Summary: Wells housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same.

Days on Market for Wells, NY

How long does it take to sell a home in Wells, NY?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
107 DaysThis YearJan 2025
176 Days1 year agoJan 2024
-39.2 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Wells had an average listing age of 107 days in Jan 2025, down by 39.2% compared to the previous year.

Newest Listings in Wells, NY

What homes are available in Wells, NY?

Nearby markets

Nearby markets aren't available for Wells, NY

MLS Disclaimers and Copyright

Based on information from Global MLS, for the period 02/01/2023 - 02/01/2025

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/5/2025, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.