75976, Wells, TX

Wells, TX is located in the 75976 zip code. Wells has a population of around 9,000 people. The median household income in Wells is $81,000. Wells has a median home value of $269,500. The median home equity in Wells is $161,500.

The average home price in Wells has increased by over 20% since 2012. In 2012 the average home price was $225,000 and by 2016 the average home price had increased to $269,500. This increase can be attributed to many factors such as low interest rates and an influx of new residents into the area due to its proximity to Austin and Houston.

One downside to this increase in home prices is that it may not be sustainable over the long term. If interest rates rise or if there are other economic factors that cause people to sell their homes for less than they bought them for then the prices in Wells could decrease significantly over time.