Wells Homes under $250,000

Welcome to Wells, Minnesota—a charming small town nestled in the heart of Faribault County. With its rich history, friendly community, and picturesque landscapes, Wells offers a serene lifestyle that appeals to families, retirees, and everyone in between. Known for its welcoming atmosphere and strong sense of community, Wells is the perfect place to call home.

Wells boasts a variety of amenities, including local shops, parks, and recreational facilities that cater to all ages. The town is surrounded by beautiful natural scenery, making it ideal for outdoor enthusiasts who enjoy hiking, fishing, and exploring the great Minnesota outdoors. With a vibrant local culture, residents can partake in community events, farmers' markets, and seasonal festivals that celebrate the town's heritage.

One of the most appealing aspects of Wells is the availability of affordable housing. With homes priced under $250,000, the city offers a range of options for first-time buyers, families, and investors alike. Whether you're looking for a cozy single-family home or a charming bungalow, Wells has something to fit your needs and budget. The real estate market here is not only affordable but also boasts a variety of styles and sizes, ensuring that you'll find the perfect place to create lasting memories.

In Wells, you can enjoy the tranquility of small-town living while still being close to larger cities for work and entertainment. Discover the charm of Wells, Minnesota, and see why so many are choosing to make this delightful community their home. Your dream home awaits!

Newest Wells Homes under $250,000

$130,000

1 Beds ⋅ 2 Baths ⋅ 7154712 MLS

6,000+ square feet of living space for $130,000! That's just $22 per square foot. Now that is a great value. This property has been a church, licensed daycare and reunion facility, but it could also be a very spacious single family home with some imagination. Think about it--a huge living room with vaulted ceilings and lots of natural light streaming through beautiful stained glass windows AND an equally large family room in the lower level. Central air, chair lifts to all levels, vinyl siding, and nearly new shingles. Concrete street out front, corner lot, and alley access to back yard.

405 S Broadway, Wells

Listing courtesy of Brad Heggen Realty, Inc.

$184,900

3 Beds ⋅ 2 Baths ⋅ 7155780 MLS

Welcome to this 3-bedroom, 2 bath home with a double garage in Wells within walking distance to restaurants, shopping, library, movie theatre, swimming pool and golf course. The spacious living room features built in shelving and is open to the dining room that also has built in storage. The kitchen has ample cabinetry, laundry, and a walk out to a 13x10 deck. The large primary bedroom has a walk-in closet. Upper level is completed with a second bedroom and a full bath. Lower level has a large family room with tile flooring and plenty of storage. There is another nice size bedroom, a ¾ bath and access to the 2-stall tuck under garage. Storage shed is 8 x 10 and was put up in 2021. Check it out today!

126 2nd Avenue SW, Wells

Listing courtesy of Action Realty.

$175,000

4 Beds ⋅ 2 Baths ⋅ 7154647 MLS

Welcome to this great rambler offering 3 bedrooms on one level (4 bedroom total), a 3-stall garage setup, and plenty of potential to build future equity! The main level features an updated bathroom and a remodeled kitchen with painted cabinetry and stainless steel appliances. The home offers maintenance-free vinyl siding, newer windows, and a newer roof for added peace of mind. A standout feature is the oversized detached 2-car garage with electricity perfect for additional vehicles, storage, a workshop, or hobbies plus an attached 1-car garage for added convenience. Enjoy your own private oasis behind the home, providing a great space to relax or entertain. Additional updates include a new A/C and water heater in 2019, with the kitchen, upstairs bathroom, and upstairs flooring remodeled in 2015. The city-maintained and plowed road provides convenient year-round access. With its solid updates, versatile garage space, and room for future improvements, this property is a great opportunity. Conveniently located in Wells, this home offers small-town living with easy access to everyday amenities. Enjoy nearby schools, parks, grocery shopping, dining, library, community pool, golf course and other local services. Wells also provides convenient access to I-90, making travel to surrounding communities easy. Located approximately 20 miles from Albert Lea, 25 miles from Blue Earth and 35 miles from Mankato, this is a great location for those looking for a quieter community while remaining within easy reach of larger towns and regional shopping, dining and employment opportunities. Quick closing possible!

90 10th Street SE, Wells

Listing courtesy of RE/MAX Advantage Plus.

$239,000

4 Beds ⋅ 2 Baths ⋅ 7097437 MLS

Stunningly Updated 4-Bed, 2-Bath Home in Wells – Major 2024-2025 Investments Make This Classic 1919 Home Efficient, Reliable & Move-In Ready! This beautifully transformed home blends timeless character with extensive high-quality updates that deliver modern efficiency, comfort, and peace of mind. Significant recent investments (completed 2024–2025) have modernized this older home far beyond typical expectations, including a new roof (Aug 2024), new vinyl siding with R-3 pink insulation, energy-efficient new-construction vinyl windows, new soffit & gutters with gutter guards, new HVAC system, 200 Amp electrical service with Minnesota State final inspection (Nov 2025), and updated plumbing with PEX + PVC. Additional upgrades include new exterior and interior doors, concrete patio, privacy fence, and professional landscaping. Inside, you’ll love the bright, functional layout with preserved architectural charm — including a stunning wooden staircase and rich wood trim — paired with fresh modern finishes. The main floor offers a spacious living room, dining area, updated kitchen with white cabinetry and attractive countertops, one bedroom, and a full bath. Upstairs features a generous primary bedroom with walk-in closet, two additional bedrooms, and another full bath. The large basement provides excellent bonus space with knotty pine walls and sealed & painted walls and floors — ideal for a workshop, rec room, storage, or future finishing. Laundry and utilities are neatly organized in this clean, functional lower level. Enjoy the private, low-maintenance backyard with patio and fencing, plus strong curb appeal on a nice lot with mature trees. All the expensive, high-impact updates have already been completed, so you can enjoy lower utility bills, modern systems, and worry-free living in a home with real character. Move-in ready and truly turn-key. Don’t miss it!

90 5th Avenue NW, Wells

Listing courtesy of True Real Estate.

$100,000

3 Beds ⋅ 1 Baths ⋅ 7085782 MLS

Calling all investors and equity-builders! Exceptional potential awaits with this 3-bedroom, 2-bathroom rambler on a great lot in Wells. The heavy lifting on major mechanicals has already been started, featuring an updated forced air heating system and a fully updated electrical system (receipts available upon request). This property has been deemed uninhabitable by the City of Wells and is ready for your vision, tools, and rehabilitation plans. Cash or rehab financing only. Let’s make a deal!

781 4th Avenue SE, Wells

Listing courtesy of eXp Realty.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.