Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$128,455+0.5% YoY · prices are flat
Market right nowBalanced, leaning buyersMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$27,846About 0.4× the local median income ($74,565): affordable for a typical household
Days on market59 daysSlower than a year ago: buyers have time to negotiate
The typical home in Wells County, ND is worth $128,455, up 0.5% from a year ago. That is well below what local incomes have historically supported: fair value is about $260,530, so the area is 50.7% undervalued. It is a balanced market, leaning toward buyers: homes take about 59 days to sell, listings are up 6% from a year ago, 20% of listings have had a price cut. A household needs about $27,846 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $74,565. In the latest IRS figures, 5 more people moved out than in.
Prices and affordability
Typical home value
$128,455
Change in 1 year
+0.5%
Overvalued %
−50.7%
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Fair home value
$260,530
Change in 5 years
−36.7%
Home value to income
1.7×
Monthly mortgage payment (20% down)
$696
Income needed to afford it
$27,846
Property tax rate
0.98%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
+5.9%
Days on market
59
Listings with a price cut
20.0%
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Homes for sale
18
Pending sales per 100 listings
11
Asking price per sq ft
$82
People and jobs
Median household income
$74,565
Population change (1 year)
−1.5%
Unemployment rate
2.0%
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Population
3,729
Income adjusted for cost of living
$85,412
Net moves in (IRS)
−5
Cost of living (US = 100)
87.3
Schools, risk and environment
School rating (1 to 10)
6.1
FEMA hazard risk score (0 to 100)
8.6
Flood risk score
4.9
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Wildfire risk score
51.4
Walkability (1 to 20)
6.1
Road, rail and air noise
52 dB
Questions people ask
Is Wells County, ND overvalued?
Home prices in Wells County, ND are well below what local incomes have historically supported: fair value is about $260,530, so the area is 50.7% undervalued.
Is Wells County, ND a buyer's or seller's market?
Wells County, ND is a balanced market, leaning toward buyers: homes take about 59 days to sell, listings are up 6% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Wells County, ND?
Home values in Wells County, ND are up 0.5% over the last year.
How much do you need to earn to buy a home in Wells County, ND?
A household needs about $27,846 a year to afford the typical home in Wells County, ND at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $74,565.