Wells, VT Foreclosures
How much do homes sell for in Wells, VT?
The average home price is currently $390,778.
In Wells, VT, how many homes are available?
There are currently 1 active home listings available in Wells.
What’s the average rental cost in Wells, VT?
The average rental price in Wells is $1,183.
What is the most expensive home in Wells?
The most expensive home sold in Wells had a price of $2,461,390.
What is currently the cheapest priced home in Wells, VT?
The cheapest home for sale in Wells is priced at $11,083.
Living in Wells, VT
Wells, Vermont is a peaceful town known for its stunning natural landscapes and a strong sense of community. The area is ideal for outdoor enthusiasts, boasting several parks and lakes. With a range of local amenities and easy access to neighboring towns, Wells offers a unique blend of rural charm and convenience.
Current Market Conditions in Wells, VT
The real estate market in Wells, VT is currently experiencing a steady increase in demand, with home prices trending upward as more individuals seek the serenity of rural living. While the inventory remains somewhat limited, new listings are gradually becoming available, providing opportunities for both buyers and investors. The market is characterized by seasonal fluctuations, with increased activity typically observed during the warmer months.
The past year has seen Wells' housing market becoming more competitive, partly driven by a migration towards rural and suburban areas as remote work becomes more common. As families and professionals look for larger homes with outdoor space, the appeal of Wells, with its scenic surroundings and idyllic small-town atmosphere, has gained traction.
Home Value Estimator For Wells, VT
There are currently 729 real estate properties
in Wells, VT,
with a median automated valuation model (AVM) price
of $327,802.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wells, VT, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Wells, VT,
is $390,778.00, with the most expensive house
in Wells, VT, topping out
at $2,461,390.00 and the cheapest home
in Wells, VT,
clocking in at $11,083.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wells, VT!
Rent Prices
In Wells, VT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wells, VT, is on
a rollercoaster ride. The
average rent price in Wells, VT,
is $1,183.00. Indeed, when looking to rent in
Wells, VT, you can expect to pay as little
as $850.00 or as much
as $2,020.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in Wells, VT
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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