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WELLS, NY 12190

Real Estate Market Report  ·  Hamilton County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The WELLS, NY real estate market (12190) currently shows 10 active listings, with 1 pending sales. Homes are averaging 90 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 90 days on market compared to 69 days last year.

The median listing price has fallen 0.3% year-over-year, from $399,000 to $398,000.

Whether you are buying or selling in WELLS, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 641  ·  Density: 1.4/mi²  ·  Median household income: $53,977

Typical home value: $231,019  ·  Homeownership: 83.3%

Market Overview

Active Listings
10
⇧ 66.7% vs 6 last year
Pending
1
10% pending ratio
Median Price
$398,000
⇩ 0.3% vs $399,000 last year
Average Price
$420,867
⇧ 13.4% vs $371,000 last year
Days on Market
90
⇧ 30.4% vs 69 days last year

Price Per Square Foot

Median $/sqft
$280
⇧ 47.4% vs $190/sqft last year
Median Home Size
1,438 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 6 last year
  • Days on market: 90 now vs 69 last year

Median & Average Pricing

Year over Year
  • Median: $398,000 (-0.3% YoY)
  • Average: $420,867 (+13.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.2 miles — 184 listings ($63,769,453 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12190Wells, NY 121900.0 mi9$3,464,874$398,000$384,986
12878Stony Creek, NY 1287811.5 mi5$695,000$139,000$139,000
12164Speculator, NY 1216413.2 mi2$598,000$299,000$299,000
12134Northville, NY 1213414.6 mi14$7,083,482$326,500$505,963
12810Athol, NY 1281016.2 mi4$2,446,016$586,863$611,504
12835Hadley, NY 1283516.9 mi14$5,104,652$248,400$364,618
12853North Creek, NY 1285320.2 mi18$6,949,692$298,250$386,094
12117Mayfield, NY 1211721.1 mi19$8,785,068$342,475$462,372
12885Warrensburg, NY 1288522.5 mi11$3,192,244$275,000$290,204
12078Gloversville, NY 1207824.6 mi65$17,666,935$194,450$271,799
12822Corinth, NY 1282225.1 mi18$5,955,174$354,225$330,843
13470Stratford, NY 1347026.9 mi4$1,588,416$416,225$397,104
12851Minerva, NY 1285128.2 mi1$239,900$239,900$239,900

Frequently Asked Questions

How many homes are for sale in WELLS, NY 12190?

As of March 2026, there are 10 active listings in WELLS, NY (zip code 12190), compared to 6 the prior year.

What is the median home price in WELLS, NY 12190?

The median listing price in WELLS, NY 12190 is $398,000 as of March 2026, a 0.3% decrease from $399,000 the prior year.

How long do homes stay on the market in WELLS, NY?

Homes in WELLS, NY 12190 spend an average of 90 days on the market before going under contract, compared to 69 days the prior year.

Is it a seller's or buyer's market in WELLS, NY 12190?

Based on current inventory and days-on-market data as of March 2026, WELLS, NY 12190 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 90 days on market compared to 69 days last year.

How much can I save on real estate commission in WELLS, NY?

With SELL123.com's maximum 3% commission, sellers in WELLS, NY 12190 save an estimated $7,960 compared to a typical 5% commission on the median listing price of $398,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.