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WELLS, NY 12190

Real Estate Market Report  ·  Hamilton County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
10
⇧ 100% vs 5 last year
Pending
3
30% pending ratio
Median Price
$408,500
⇧ 2.4% vs $399,000 last year
Average Price
$404,150
⇧ 1.6% vs $397,600 last year
Days on Market
38
⇩ 75% vs 152 days last year

Market Context

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

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

Market Analysis

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

The WELLS, NY real estate market (12190) currently shows 10 active listings, with 3 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 38 days on market compared to 152 days last year.

The median listing price has risen 2.4% year-over-year, from $399,000 to $408,500.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 5 last year
  • Days on market: 38 now vs 152 last year

Median & Average Pricing

Year over Year
  • Median: $408,500 (+2.4% YoY)
  • Average: $404,150 (+1.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.2 miles — 186 listings ($65,805,246 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12190Wells, NY 121900.0 mi10$4,041,500$408,500$404,150
12878Stony Creek, NY 1287811.5 mi5$2,377,800$549,900$475,560
12164Speculator, NY 1216413.2 mi3$897,000$299,000$299,000
12134Northville, NY 1213414.6 mi14$7,116,508$399,000$508,322
12810Athol, NY 1281016.2 mi6$2,938,302$147,650$489,717
12835Hadley, NY 1283516.9 mi12$4,847,964$215,000$403,997
12853North Creek, NY 1285320.2 mi17$7,827,786$326,950$460,458
12117Mayfield, NY 1211721.1 mi17$6,519,194$260,000$383,482
12885Warrensburg, NY 1288522.5 mi13$3,901,664$275,000$300,128
12078Gloversville, NY 1207824.6 mi64$17,401,408$222,500$271,897
12822Corinth, NY 1282225.1 mi20$6,306,820$359,000$315,341
13470Stratford, NY 1347026.9 mi4$1,389,400$297,500$347,350
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 January 2026, there are 10 active listings in WELLS, NY (zip code 12190), compared to 5 the prior year.

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

The median listing price in WELLS, NY 12190 is $408,500 as of January 2026, a 2.4% increase 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 38 days on the market before going under contract, compared to 152 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 January 2026, WELLS, NY 12190 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 38 days on market compared to 152 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 $8,170 compared to a typical 5% commission on the median listing price of $408,500. 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.