market report · 56097

Wells, MN · 56097

2 active listings$164,900 median ask$1,314 est. rent0.8% price/rent

$164,900

Median list price

$1,314/mo

Estimated rent

0.8%

Price / rent ratio

Listings

FHFA home price index · 2016–2025

63.9% cumulative change over the window. Source: FHFA ZIP-level HPI.

$0.78

Median rent / sqft

2 comps

$95.09

Median sold / sqft

2 comps

—

Walkability

4.2%

Area unemployment

BLS LAUS

Median household income $62,264 · median home value $133,800 · ACS 2024.

Natural-hazard risk Relatively Moderate (FEMA NRI score 84).

2 schools within ~4 km of the ZIP centroid.

21509 600th Ave, Wells, MN 56097

Wells, MN

600 8th St, Wells, MN 56097

Wells, MN