Wells Homes under $350,000

Welcome to Wells, Minnesota, a charming city nestled in the heart of Faribault County. Known for its friendly community and picturesque landscapes, Wells offers a delightful blend of small-town charm and modern conveniences. With a population that values connection and camaraderie, residents here take pride in their community spirit, making it a great place to call home.

Wells is conveniently located along Interstate 90, providing easy access to larger cities while maintaining its serene, rural atmosphere. The city boasts a variety of local shops, parks, and recreational activities that cater to all ages. Whether you enjoy fishing at the nearby lakes or exploring the scenic trails, Wells offers an abundance of outdoor activities that showcase the natural beauty of Minnesota.

For those seeking affordable housing options, Wells is an excellent choice. The real estate market here features a variety of homes priced under $350,000, making it accessible for first-time buyers, families, and retirees alike. From cozy single-family homes to charming bungalows, the diverse selection ensures that everyone can find their perfect fit. Many properties come with spacious yards, ideal for gardening or outdoor gatherings, and are situated in friendly neighborhoods that foster a sense of belonging.

In Wells, you can enjoy the tranquility of small-town living without sacrificing the amenities of modern life. With its affordable homes and welcoming community, Wells, MN, is truly a hidden gem waiting for you to discover. Come explore the possibilities and find your dream home in this delightful city!

Newest Wells Homes under $350,000

$140,000

2 Beds ⋅ 1 Baths ⋅ 7158264 MLS

8+ acre property with 2 bedroom, 1 bath home on poured concrete foundation, mound septic system, and several outbuildings.

14687 540th Avenue, Wells

Listing courtesy of Brad Heggen Realty, Inc.

$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.

$290,000

2 Beds ⋅ 1 Baths ⋅ 7149870 MLS

Rare country find! One level living acreage with black top road convenience. Two-bedroom one bathroom home with main floor laundry, open layout kitchen and living room with gas fireplace. Attached 2 car garage plus extra heated and insulated hobby garage. This listing also includes an extra 1-acre lot for an approximate total of 4.09 acres. Check out this peaceful Rural Retreat today!

54732 110th Street, Wells

Listing courtesy of Leland Realty.

$277,000

5 Beds ⋅ 3 Baths ⋅ 7140595 MLS

Step into this spacious, open concept 5 bedroom, 3 bath home. This home features 4 bedrooms on the main level, 2 baths, kitchen/dining room open concept with island and stainless steel appliances. Living room is right off the dining room also open and with large windows and plenty of natural light. The basement features a large recreational/family room. Another bedroom, bath and utility room. This home is located on a large lot on the west side of town with mature trees for shade on the hot summer days!!!

403 9th Avenue SW, Wells

Listing courtesy of Edina Realty.

$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.