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Area data

Welch, MN — ZIP 55033

Population: 29,674 (Census ACS)

Home values & appreciation

Median home value
$391,226
1-year appreciation
+3.3%
3-year appreciation
+7.0%
5-year appreciation
+15.1%
10-year appreciation
+61.6%
All-time peak (2026-07)
$391,226
House Price Index
429.3 (+3.3% YoY)

Market activity

Median sale price
$280,250
Median list price
$275,000
Median days on market
41 days
Sale-to-list ratio
100.9%
Active listings
6
1-year forecast
-0.1%
Days to pending
32 days
New listings (monthly)
44

Rents

Typical rent
$1,742/mo
1BR fair-market rent
$943/mo
3BR fair-market rent
$1,529/mo

Affordability

Cost of living index (Average)
97.5 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
13
Elementary schools
4
Middle schools
2
High schools
6

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
strongWind, coldWave, hail, lightning, tornado
FEMA flood zone
A13
Flood risk level
High

Climate (30-year normals)

Annual precipitation
34.0 in

Air quality

Air quality rating
Good
Median AQI (annual)
49
Days with Good air quality
184
Days with Unhealthy air quality
3

Walkability & transit

Walkability index
7.0 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Mississippi National River & Recreation Area (20 mi)
Nearest airport
Sky Meadow Airport (1 mi)
Nearest major airport
Saint Paul Downtown Holman Field (STP) (18 mi)
Hospitals nearby (~15 mi)
8
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-197 tax filers

Housing stock

Median year housing built
1,983
Median annual property tax
$3,258
Mean commute to work
22 min
Households with broadband internet
75.6%

Employment & development

Total county employment
165,985
Average weekly wage
$1,340
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
1,212

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents