Is Wells, VT 05774 a buyer’s or seller’s market?
Wells is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Wells housing market right now
In the three months ending August 31, 2026, 0% of homes in Wells, VT 05774 sold above their list price, the typical home went under contract in 106 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (90 days then) and the median sale price fell 5% to $284,877. Overall, Wells is less competitive than a year ago, which gives buyers more room.
Within Rutland County, homes here sell more slowly than in 95% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Chittenden 05737 (100% sold over asking) and East Wallingford 05742 (100% sold over asking) are even more competitive.
Run the numbers for 05774
Nearby markets
Belmont 05730 — /sq ftBomoseen 05732Buyer’s market $191 /sq ftBrandon 05733Balanced $218 /sq ftCastleton 05735Buyer’s market $460 /sq ft Browse all markets →Towns like Wells nearby
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Questions about Wells real estate
Is Wells a buyer’s or seller’s market?
A balanced market: there were 4.1 months of supply in Wells, VT 05774 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Wells?
The typical home went under contract in 106 days in the latest three months.
Do homes in Wells sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.
What are property taxes in Wells?
About 1.81% of a home’s value a year in Rutland County, or roughly $7,240 on a $400,000 home.
What is the median home price in Wells?
The median sale price was $284,877 in the three months ending August 31, 2026, about $212 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology