ME area data
Wells, ME
Wells, ME.
Population: 11,713 (Census ACS)
Home values & appreciation
- Median home value
- $592,791
- 1-year appreciation
- +2.2%
- 3-year appreciation
- +12.2%
- 5-year appreciation
- +37.1%
- 10-year appreciation
- +113.8%
- All-time peak (2026-07)
- $592,791
- House Price Index
- 486.3 (+4.0% YoY)
Market activity
- Median sale price
- $502,500
- Median list price
- $654,500
- Median days on market
- 62 days
- Sale-to-list ratio
- 98.4%
- Active listings
- 126
- 1-year forecast
- +1.9%
- Days to pending
- 52 days
- New listings (monthly)
- 46
Rents
- Typical rent
- $1,960/mo
- 1BR fair-market rent
- $1,375/mo
- 3BR fair-market rent
- $2,290/mo
Affordability
- Cost of living index (Average)
- 97.5 (100 = US avg)
- Electricity rate (state-level)
- 27.8¢/kWh
- Natural gas rate (state-level)
- $19.00/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 3
- Elementary schools
- 1
- Middle schools
- 1
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively Moderate
- Top hazards
- iceStorm, coastalFlooding, drought, hurricane, inlandFlooding
- FEMA flood zone
- AO
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 47.0°F
- Average high
- 57.0°F
- Average low
- 38.0°F
- Annual precipitation
- 54.3 in
- Annual snowfall
- 71.9 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 35
- Days with Good air quality
- 304
Walkability & transit
- Walkability index
- 8.7 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 2
- Nearest national park
- Salem Maritime National Historical Park (57 mi)
- Nearest airport
- Sanford Seacoast Regional Airport (SFM) (5 mi)
- Nearest major airport
- Portsmouth International Airport at Pease (PSM) (20 mi)
- Hospitals nearby (~15 mi)
- 3
- Avg hospital rating
- 3.3 / 5
- Solar radiation rating
- Fair (3.8 kWh/m²/day)
Migration
- Net migration
- +1,271 tax filers
Housing stock
- Median year housing built
- 1,989
- Median annual property tax
- $3,215
- Mean commute to work
- 23 min
- Households with broadband internet
- 86.9%
Employment & development
- Total county employment
- 61,659
- Average weekly wage
- $1,067
- Top industries (by employment)
- Accommodation & Food, Health Care, Construction
- Annual residential building permits (county)
- 460
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →