Area data
Welch, MN — ZIP 55089
Population: 1,612 (Census ACS)
Home values & appreciation
- Median home value
- $480,170
- 1-year appreciation
- +2.6%
- 3-year appreciation
- +5.0%
- 5-year appreciation
- +17.8%
- 10-year appreciation
- +75.8%
- All-time peak (2026-04)
- $482,625
- House Price Index
- 429.3 (+3.3% YoY)
Market activity
- Median sale price
- $607,500
- Median list price
- $630,000
- Median days on market
- 21.5 days
- Sale-to-list ratio
- 103.7%
- Active listings
- 1
- 1-year forecast
- +0.9%
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,176/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%
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- hail, strongWind, tornado
- FEMA flood zone
- AE
- Flood risk level
- High
Climate (30-year normals)
- Annual precipitation
- 35.1 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 43
- Days with Good air quality
- 198
Walkability & transit
- Walkability index
- 3.8 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Mississippi National River & Recreation Area (31 mi)
- Nearest airport
- Ries Farms Runway (3 mi)
- Nearest major airport
- Saint Paul Downtown Holman Field (STP) (30 mi)
- Hospitals nearby (~15 mi)
- 2
- Avg hospital rating
- 4.0 / 5
- Solar radiation rating
- Fair (3.8 kWh/m²/day)
Migration
- Net migration
- -3 tax filers
Housing stock
- Median year housing built
- 1,978
- Median annual property tax
- $3,239
- Mean commute to work
- 26 min
- Households with broadband internet
- 59.5%
Employment & development
- Total county employment
- 17,188
- Average weekly wage
- $1,144
- Top industries (by employment)
- Health Care, Accommodation & Food, Wholesale Trade
- Annual residential building permits (county)
- 78
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 →