Wells, Vermont.
Typical home $327,995 (+5.3% in a year). Rutland, VT metro.
to buy the typical home at today's mortgage rate — +$1,007 (+141%) since Jan 2020.
- 1 year
- Up $16,365 +5%
- $311,630$327,995 since Sep 2025
- 5 years
- Up $76,071 +30%
- $251,924$327,995 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Wells$1,722
- Vermont$2,057
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Wells, VT rose 5.3% over the past year — faster than the nation's +1.2%.
Living in Wells, Rutland County, Vermont
Wells, in Rutland County, had 386 people in the 2020 census. 94% of its homes are lived in by their owners and 6% are rented. Unemployment in Rutland County was 2.8% in August 2026, and the county had about as many jobs in 2025 as the year before. The most people in Rutland County work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Wells is a very small community in Rutland County, Vermont, where nearly everyone lives in a home they own. Incomes run a little below the county's, and fewer adults hold a four-year degree than you might expect. Winters are cold, with January the coldest month and plenty of snow, summers are pleasantly warm, and the year brings a fair amount of rain and melted snow.
Work. Residents work mostly in schools, hospitals and social care, in shops, in manufacturing, and in professional and business services. Some work from home, though most travel to a job. Across Rutland County, the largest employers include Rutland Regional Medical Center, Powdr, which runs alpine skiing facilities, and the Rutland City School District. Unemployment is low and has held steady over the past year.
Things to do. Lake Saint Catherine and Lake St. Catherine State Park are both a short drive away, a good choice for time on the water or a walk along the shore. Wilgus State Park, also a short drive off, is a protected area beside a river. In or beside town, the Pember Library and Museum is a place to browse the shelves and the exhibits.
Report a mistake
- 14%of adults have a degree
- 6%below the poverty line
- 7%work from home
What people in Rutland County work in
Employed residents by industry, from the Census survey. Rutland County had 25,317 jobs in 2025, about as many as the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 30° and lows near 12°; warmest in July, with highs near 84° and lows near 61°. About 43 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Whitehall weather station, 14 miles away (NOAA).
Largest workplaces in Rutland County
- Rutland Regional Medical CenterGeneral hospital1,306FTE
- Integrated Manufacturing Rutland1,221
- PowdrAlpine skiing facilities with accommodations858
- Rutland City School DistrictSchool district353FTE
- Slate Valley Unified Union School District #62School district232FTE
- BAYADA Home Health CareHome health care224
- Casella ConstructionBackfilling, construction210
- VelcoElec bulk pwr trans and control200
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 49 workplaces with 20 or more staff, 7,962 people in all across the county; Wells has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningRelatively high
- Inland floodingRelatively high
- Strong windRelatively moderate
- Winter weatherRelatively moderate
- Ice stormsRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Wells’ census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Rutland County and the Rutland, VT metro.
Wells home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Wells$327,995
- Vermont$391,900
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Wells8
Zip codes with a Wells address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Wells — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.