Wells Homes under $250,000

Welcome to Wells, Minnesota—a hidden gem nestled in the heart of Faribault County. This charming city combines small-town warmth with the conveniences of modern living, making it an ideal place for families, retirees, and anyone seeking a peaceful retreat. Known for its friendly community, Wells offers a rich tapestry of local history, vibrant parks, and a welcoming atmosphere that makes newcomers feel right at home.

Wells is strategically located near the beautiful shores of Clear Lake, providing residents with ample opportunities for outdoor activities such as fishing, boating, and picnicking. The city boasts a variety of local shops, restaurants, and community events that foster a strong sense of belonging. With its picturesque landscapes and well-maintained neighborhoods, Wells is a delightful place to call home.

For those looking to settle in this charming city without breaking the bank, Wells offers a selection of homes under $250,000. These affordable properties provide a perfect opportunity for first-time buyers or those looking to downsize. From cozy single-family homes to inviting townhouses, there’s something for everyone in this price range. Many of these homes feature spacious yards, modern amenities, and easy access to local schools and parks, making them ideal for families and individuals alike.

Explore the possibilities that Wells has to offer, and discover how you can make this charming city your new home. With its affordable housing options and welcoming community, Wells, Minnesota, is waiting to welcome you with open arms!

Newest Wells Homes under $250,000

$175,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7154647 MLS ⋅ 1,785 SqFt.

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

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7097437 MLS ⋅ 1,891 SqFt.

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

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7085782 MLS ⋅ 2,502 SqFt.

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.

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