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Market Watch
August 21, 2026· Updated September 6, 2026
5 min read

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

What homes actually sell for in Wells: a median closing price of $578,725 across 248 closings Resideline tracked over the last six months, plus the full price spread.

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

If you invest in or around Wells, the number that matters is what homes actually close for, not what sellers are asking. Here is what Wells sale prices look like right now, built from the closings Resideline tracked over the last six months, as of September 2026.

The snapshot

  • Closings tracked, last 6 months: 248
  • Median sold price, last 6 months: $578,725
  • Median sold $/sqft, last 6 months: $348
  • Middle half of sales closed between: $245,000 and $730,500
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 could a property in Wells be worth?

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What the numbers say

Resideline tracked 248 closed sales in Wells over the last six months, with a median closing price of $578,725. 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 $245,000 and $730,500. 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 248 closings with usable living area, the middle half sold between $263 and $438 per square foot.

Figures last updated September 6, 2026 from closings Resideline tracked.

Median home price in Wells, ME (September 2026)

The median home price in Wells is $578,725, measured across the 248 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $245,000 and $730,500.

Where Wells sale prices land

What homes actually sell for in Wells
Closed sale prices over the last six months. Middle half of sales: $245k to $731k
Tap to enlarge
$65k to $301k: 60 sales$65k$301k to $537k: 47 sales$537k to $773k: 76 sales76sales$537k$773k to $1.01M: 26 sales$1.01M to $1.25M: 10 sales$1.01MMedian $579k

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 $245,000 and $730,500. Among the 8 Maine markets with a published band, Wells's middle-half spread ($245,000 to $730,500) 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 97th percentile of the 2,187 US markets in Resideline's national Market Watch set, on data as of September 4, 2026.

Median sold price per square foot
Wells monthly medians for the complete months inside the last six months, Apr 2026 to Aug 2026, among qualifying closings with usable living area. 5 months plotted.
Tap to enlarge
Apr 2026: $345 per square foot across 34 sales$345AprMay 2026: $328 per square foot across 34 sales$328MayJun 2026: $353 per square foot across 63 sales$353JunJul 2026: $347 per square foot across 53 sales$347JulAug 2026: $338 per square foot across 36 sales$338Aug

How long a sale takes here

  • Listed to under contract: a median of 26 days, across 150 Wells closings Resideline tracked in the last six months
  • Contract to closing: a median of 24 days, across 138 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 248 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 $245,000 and $730,500 sit far apart, $578,725 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 $245,000 up to $578,725 than from $578,725 up to $730,500. 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 248 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.

From market read to offer price

A market read is the backdrop. 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 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:

code
Source: Resideline Market Watch
Market: Wells, ME
Geography: town (minor civil division), Census county subdivision 2303181475
Data updated: September 2026
Analysis period: last six months
Tracked closings: 248
Median sold price: $578,725
Median sold $/sqft: $348 (248 qualifying)
https://resideline.com/blog/wells-me-housing-market

Writing about this market? Paste this into your post:

code
<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">
</a>
<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.

Frequently Asked Questions

What is the median home price in Wells?

The median sold price in Wells over the last 6 months is $578,725, measured across 248 closings Resideline tracked.

How many homes sold in Wells last month?

Resideline tracked 37 closed sales in Wells in August 2026, out of 248 closings tracked over the last six months. These are tracked samples of market activity, not official county totals.

What is the typical sale price range in Wells?

The middle half of Wells sales over the last six months closed between $245,000 and $730,500, with a median of $578,725.

What is the typical price per square foot in Wells?

Among qualifying Wells closings Resideline tracked over the last six months, the median sold price per square foot was $348, measured across 248 sales with usable living area. Median is used rather than average because outliers distort the mean.

Can I use the Wells median as a starting point for a specific property?

Only loosely. The distance from $245,000 to $730,500 in Wells is wider than in most markets we track, so $578,725 sits in the middle of a broad range and does not describe any particular address well. Build from comps matched on property type and size instead, and use $578,725 only to check that your result is not wildly off. Note also that the lower part of the band, below $578,725, is the more spread out part.

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