The housing market in Welch, MN is doing well, with the median house value topping $425,500 compared to the US House Median Value of $338,100. There has been a 1 year appreciation of 6.66% in Welch, MN, which is lower than the US average of 8.27%. However, it still demonstrates a healthy housing market that has seen prices appreciate over the last 12 months. With this growth and continued demand for properties in Welch, MN it looks like an attractive option for those looking to purchase or invest in real estate.
The median home cost in Welch is $425,500. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Welch is up 12.2%.
Average Age of Homes
- The median age of Welch real estate is 40 years old
The Rental Market in Welch
- Renters make up 10.5% of the Welch population
- 0.0% of houses and apartments in Welch, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.