Wells, ME Housing Market 2026: What Homes Actually Sell For

Wells produces a steady stream of closings but little consensus: sales over the last six months span a range wide enough that the median is a midpoint between different markets, not a going rate. The distribution below matters more than the headline.

The snapshot

• •Closings tracked, last 6 months: 259
• •Median sold price, last 6 months: $590,000
• •Median sold $/sqft, last 6 months: $342
• •Middle half of sales closed between: $295,000 and $750,000

One thing to know about Maine data: Maine is a non-disclosure state, which means sale prices are not public record. The sold figures above come from closings Resideline tracked directly.

What the numbers say

Resideline tracked 259 closed sales in Wells over the last six months, with a median closing price of $590,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $295,000 and $750,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 258 closings with usable living area, the middle half sold between $257 and $446 per square foot.

Figures last updated November 4, 2026 from closings Resideline tracked.

Median home price in Wells, ME (October 2026)

The median home price in Wells is $590,000, measured across the 259 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $295,000 and $750,000.

Where Wells sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Wells over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $295,000 and $750,000. Among the 8 Maine markets with a published band, Wells's middle-half spread ($295,000 to $750,000) ranks 8th from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 93rd percentile of the 2,291 US markets in Resideline's national Market Watch set, on data as of November 3, 2026.

How long a sale takes here

• •Listed to under contract: a median of 27 days, across 155 Wells closings Resideline tracked in the last six months
• •Contract to closing: a median of 24 days, across 139 Wells closings Resideline tracked in the last six months

Both are measured from the closings themselves, not from listing inventory. Each sale is timed using its own listing and contract dates. That is why these counts are smaller than the 259 closings above: a sale is counted here only when we hold both of its dates.

The Wells angle

Wells produces a price band wider than most markets we track, and that single fact should govern how you read everything else on this page. When $295,000 and $750,000 sit far apart, $590,000 stops being an anchor for any individual address and becomes a summary statistic about the mix of what sold. The wider portion is the lower part: there is more distance from $295,000 up to $590,000 than from $590,000 up to $750,000. So the cheaper side of this market is the side where sale prices disagree most, and a comp set drawn from it will scatter more than the count alone suggests. With 259 closings on record, higher transaction volume creates more potential comps, but the usable set for an individual property still depends on property type, size, condition, location, and recency. Match on property type and size, look at how much your final comps disagree with each other, and let that disagreement, not the citywide band, set how confident the number is.

Wells market data by ZIP code

Citywide medians hide block-by-block variation. Resideline publishes free, regularly refreshed market snapshots for Wells ZIP codes: 04090.

From market read to offer price

A spread this wide means the citywide number cannot price a specific address; the step that matters is the property-level read. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator, rehab cost estimator, BRRRR calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale, so it cannot be revised once the sale price is known. Grading it is a different matter in Maine: because sale prices are not public record here, a confirmed closing price reaches us for only a small share of Maine homes, and most Maine estimates stay frozen and ungraded. The accuracy scoreboard is therefore a national record rather than a Maine one. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Wells address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Wells, ME
Geography: town (minor civil division), Census county subdivision 2303181475
Data updated: October 2026
Analysis period: last six months
Tracked closings: 259
Median sold price: $590,000
Median sold $/sqft: $342 (258 qualifying)
https://resideline.com/blog/wells-me-housing-market

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<a href="https://resideline.com/blog/wells-me-housing-market">
  <img src="https://resideline.com/images/embed/wells-me.png" alt="Wells, ME home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
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<p>Source: <a href="https://resideline.com/blog/wells-me-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Wells over the last six months, and is refreshed when the data is.