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Wells, NV Housing

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As of 2010-2014, median price of a house in Wells is $120,800, which is lower than the state average of $167,100 and is lower than the national average of $175,700. The Wells median house value has grown by 40.63% since 2000. The growth rate for the price of a house in Wells is higher than the state average rate of 17.68% and is lower than the national average rate of 46.91%. The median year that a house in Wells was built is 1978, which is older than the median year for a house built in the state which is 1993 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 358 Owner Occupied Houses in Wells, NV, #66

Wells, NV	120,800 USD
Nevada	167,100 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #18

Wells, NV	40.63%
Nevada	17.68%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Wells, NV	Nevada	U.S.
Total Housing Units	652, see rank, 100%	1,185,232	132,741,033
Occupied Housing Units	542, 83.13%, see rank	84.87%	87.55%
Owner Occupied	358, 54.91%, see rank	47.24%	56.34%
Renter Occupied	184, 28.22%, see rank	37.63%	31.21%
Vacant Housing Units	110, 16.87%, see rank	15.13%	12.45%
For Rent	22, 3.37%, see rank	4.31%	2.34%
For Sale Only	0, 0.00%, see rank	1.41%	1.20%
Rented or Sold, Not Occupied	9, 1.38%, see rank	0.97%	0.92%
For Seasonal, Recreational, or Occasional Use	54, 8.28%, see rank	4.18%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	25, 3.83%, see rank	4.25%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #78

Wells, NV	Nevada	U.S.
1978	1993	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Wells, NV	%	Nevada	U.S.
Owner-Occupied Units	358	100%	559,911	74,787,460
With a Mortgage	180	50.28%, see rank	72.00%	65.58%
Without a Mortgage	178	49.72%, see rank	28.00%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Wells, NV	1,070 USD
Nevada	1,514 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Wells, NV	%	Nevada	U.S.
$299 or Less	3	1.67%, see rank	0.30%	0.20%
$300 to $499	0	0.00%, see rank	1.07%	1.59%
$500 to $699	24	13.33%, see rank	3.57%	5.01%
$700 to $999	56	31.11%, see rank	12.88%	14.32%
$1,000 to $1,499	62	34.44%, see rank	31.43%	27.90%
$1,500 to $1,999	35	19.44%, see rank	23.53%	20.35%
$2,000 to $2,999	0	0.00%, see rank	19.72%	19.52%
$3,000 or More	0	0.00%, see rank	7.51%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Wells, NV	20.60% of the Total Income
Nevada	25.50% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Wells, NV	%	Nevada	U.S.
10% or Less	10	5.56%, see rank	5.22%	5.86%
10% to 20%	76	42.22%, see rank	27.95%	31.95%
20% to 30%	49	27.22%, see rank	27.20%	27.64%
30% to 40%	36	20.00%, see rank	15.34%	13.74%
40% or More	9	5.00%, see rank	23.60%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Wells, NV	297 USD
Nevada	420 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Wells, NV	%	Nevada	U.S.
$199 or Less	16	8.99%, see rank	7.85%	7.76%
$200 to $299	76	42.70%, see rank	16.16%	14.70%
$300 to $499	46	25.84%, see rank	40.76%	34.63%
$500 to $699	18	10.11%, see rank	20.46%	21.16%
$700 or More	22	12.36%, see rank	14.77%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Wells, NV	12.80% of the Total Income
Nevada	10.80% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Wells, NV	%	Nevada	U.S.
10% or Less	76	42.70%, see rank	46.31%	40.19%
10% to 20%	36	20.22%, see rank	28.15%	31.47%
20% to 30%	34	19.10%, see rank	10.98%	12.24%
30% to 40%	10	5.62%, see rank	4.70%	5.64%
40% or More	22	12.36%, see rank	8.28%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Wells, NV	Nevada	U.S.
Total Housing Units	652, 100%	1,185,232	132,741,033
1-unit, Detached	450, 69.02%, see rank	59.21%	61.65%
1-unit, Attached	12, 1.84%, see rank	4.57%	5.82%
2 Units	24, 3.68%, see rank	1.33%	3.75%
3 or 4 Units	11, 1.69%, see rank	6.17%	4.43%
5 to 9 Units	9, 1.38%, see rank	8.70%	4.78%
10 or More Units	31, 4.75%, see rank	14.12%	13.08%
Mobile Home, Boat, RV, Van, etc.	115, 17.64%, see rank	5.90%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Wells, NV	Nevada	U.S.
Total Housing Units	652, 100%	1,185,232	132,741,033
1 Room	45, 6.90%, see rank	2.64%	1.95%
2 Rooms	9, 1.38%, see rank	3.06%	2.48%
3 Rooms	16, 2.45%, see rank	10.74%	9.13%
4 Rooms	132, 20.25%, see rank	18.52%	16.60%
5 Rooms	161, 24.69%, see rank	21.90%	20.41%
6 Rooms	181, 27.76%, see rank	18.45%	18.06%
7 Rooms	38, 5.83%, see rank	11.28%	12.27%
8 Rooms	63, 9.66%, see rank	6.80%	8.48%
9 Rooms or More	7, 1.07%, see rank	6.61%	10.60%
Median Rooms	5.30, see rank	5.20	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Wells, NV	Nevada	U.S.
Total Housing Units	652, 100%	1,185,232	132,741,033
No Bedroom	45, 6.90%, see rank	2.84%	2.17%
1 Bedroom	34, 5.21%, see rank	10.82%	11.16%
2 Bedrooms	192, 29.45%, see rank	26.53%	26.69%
3 Bedrooms	299, 45.86%, see rank	38.31%	39.70%
4 Bedrooms	80, 12.27%, see rank	17.06%	16.05%
5 or More Bedrooms	2, 0.31%, see rank	4.44%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Wells, NV	Nevada	U.S.
Total Housing Units	542, 100%	1,005,958	116,211,092
Utility Gas	23, 4.24%, see rank	62.12%	48.85%
Bottled, Tank, or LP Gas	137, 25.28%, see rank	2.84%	4.86%
Electricity	299, 55.17%, see rank	32.00%	36.68%
Fuel Oil, Kerosene, etc.	25, 4.61%, see rank	0.70%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	45, 8.30%, see rank	1.52%	2.12%
Solar Energy	13, 2.40%, see rank	0.05%	0.05%
Other Fuel	0, 0.00%, see rank	0.42%	0.47%
No Fuel Used	0, 0.00%, see rank	0.32%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Wells, NV	Nevada	U.S.
Occupied Units Paying Rent	180, 100%	431,595	39,201,928
$199 or Less	1, 0.56%, see rank	0.60%	1.50%
$200 to $299	3, 1.67%, see rank	0.99%	3.18%
$300 to $499	16, 8.89%, see rank	3.52%	7.37%
$500 to $699	76, 42.22%, see rank	13.81%	16.01%
$700 to $999	50, 27.78%, see rank	33.24%	29.17%
$1,000 to $1,499	34, 18.89%, see rank	33.72%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	10.48%	9.79%
$2,000 or More	0, 0.00%, see rank	3.64%	6.10%
Median	$679, see rank	$980	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Wells, NV	Nevada	U.S.
Occupied Housing Units	542, 100%	1,005,958	116,211,092
No Vehicles Available	25, 4.61%, see rank	7.91%	9.12%
1 Vehicles Available	150, 27.68%, see rank	36.95%	33.80%
2 Vehicles Available	263, 48.52%, see rank	37.42%	37.48%
3 or More Vehicles Available	104, 19.19%, see rank	17.72%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.