What is the median home value in Welch Township, MN?

The median value of owner-occupied homes in Welch Township, MN is $426,700 (±$70,994), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Welch Township, the median home value went from $341,400 in 2015–2019 to $426,700 in 2020–2024 (+25.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$426,700 (±$70,994)
Owner-occupied homes
230 (±42)
Most common range
$500,000 to $999,999

Home values in Welch Township

Owner-occupied homes by value, 2020–2024
ValueWelch TownshipGoodhue CountyMinnesotaUnited States
Less than $50,0007.0% (±4.1 points)5.6%4.0%5.3%
$50,000 to $99,9998.3% (±4.9 points)2.2%3.7%6.1%
$100,000 to $149,9990.0% (±9.3 points)5.3%5.2%6.8%
$150,000 to $199,9990.4% (±0.9 points)10.9%8.1%9.0%
$200,000 to $299,99910.4% (±4.9 points)30.2%22.6%17.8%
$300,000 to $499,99933.5% (±8.0 points)33.5%36.9%26.9%
$500,000 to $999,99934.8% (±8.7 points)11.0%17.0%20.9%
$1,000,000 or more5.7% (±2.6 points)1.4%2.6%7.1%

The most common range is $500,000 to $999,999, 34.8% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Welch Township against Goodhue County, its state and the nation

Estimate (90% margin of error)
Welch TownshipGoodhue CountyMinnesotaUnited States
Median home value$426,700 (±$70,994)$285,100 (±$7,069)$329,300 (±$903)$332,700
Owner-occupied homes230 (±42)15,548 (±421)1,666,687 (±7,556)84,210,142

In Welch Township, the median home value is higher than in Goodhue County ($285,100).

It is also higher than in Minnesota ($329,300).

It is higher than the national figure ($332,700).

In Goodhue County, Welch Township ranks 6 of 30 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 187 of 2,558.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Welch Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$341,400 (±$26,719)$426,700 (±$70,994)+25.0%No measurable change after inflation
Median owner cost with a mortgage$2,183 (±$257)$2,455 (±$219)+12.5%No measurable change after inflation
Median real estate taxes$2,913 (±$285)$3,761 (±$409)+29.1%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Welch Township

Nearest places with a published estimate, compared with Welch Township
PlaceDistanceMedian home valueCompared with this place
Welch Township—$426,700 (±$70,994)—
Miesville4.5 mi$348,200 (±$20,060)Lower
Ravenna Township5.4 mi$443,800 (±$17,820)Not measurably different
Town of Diamond Bluff6.1 mi$291,700 (±$97,773)Lower
Marshan Township6.3 mi$475,000 (±$19,094)Not measurably different
Red Wing6.6 mi$237,300 (±$10,422)Lower
Douglas Township6.9 mi$459,900 (±$22,253)Not measurably different
Vasa Township7.4 mi$389,000 (±$29,099)Not measurably different
Town of Oak Grove (Pierce County)8.3 mi$531,400 (±$53,217)Higher

Nearby places with a measurably lower figure: Miesville, MN ($348,200), Town of Diamond Bluff, WI ($291,700), Red Wing, MN ($237,300).

Nearby places with a measurably higher figure: Town of Oak Grove (Pierce County), WI ($531,400).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Goodhue County, place by place

RankPlaceMedian home value
1Leon Township (Goodhue County)$459,100 (±$62,908)
2Hay Creek Township$450,900 (±$23,088)
3Warsaw Township (Goodhue County)$446,800 (±$23,380)
4Wacouta Township$442,900 (±$152,790)
5Pine Island Township$442,700 (±$31,969)
6Welch Township$426,700 (±$70,994)
7Stanton Township$413,400 (±$30,938)
8Cannon Falls Township$409,900 (±$38,573)
9Belle Creek Township$400,000 (±$52,625)
10Zumbrota Township$398,900 (±$54,662)
11Featherstone Township$398,200 (±$48,874)
12Vasa Township$389,000 (±$29,099)

Showing 12 of 30 places in Goodhue County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Welch Township

What is the average home value in Welch Township, MN?

The Census Bureau publishes the median: $426,700 (±$70,994) for owner-occupied homes in Welch Township (2020–2024 American Community Survey).

Have home values in Welch Township gone up?

In Welch Township, the median home value went from $341,400 in 2015–2019 to $426,700 in 2020–2024 (+25.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Welch Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Welch township, Goodhue County, Minnesota (county subdivision:69052, in state:27 county:049).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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