$4,334 Closing Credit*
$365,000
1,416 SqFt
3 Beds
•1 Full Bath
Listing Office: Midwest Star Realty, LLC
Housing Prices in Welch, MN
How much do homes in Welch, MN cost?
Median List Price
$487,500
$206/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$37,500(+8.3%)
Key Takeaway
The list price of homes in Welch has increased by 8.3% since last year.
Summary: The median home list price in Welch was $487,500 in November 2024, up 8.3% from the previous year, and the median price per square foot was $206.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $599.3K | $175K | -70.8% |
| 3 Bedrooms | $435K | $450K | +3.4% |
| 4 Bedrooms | $824.2K | $634.9K | -23.0% |
| 5+ Bedrooms | $600K | $799.4K | +33.2% |
Summary: Welch housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 70.8%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 23%, and 5+ bedroom homes increased by 33.2%.
Median List Price Compared To Nearby Cities
| Welch | $450K | $487.5K | +8.3% |
| Welch Township | $474.9K | $487.5K | +2.6% |
Housing Supply in Welch, MN
How many homes are available in Welch, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Welch real estate market had 3 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Welch housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Welch, MN
How long does it take to sell a home in Welch, MN?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 234 Days | +315.3% |
Summary: Homes in Welch had an average listing age of 234 days in Nov 2024, up by 315.3% compared to the previous year.
