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
| Value | Welch Township | Goodhue County | Minnesota | United States |
|---|---|---|---|---|
| Less than $50,000 | 7.0% (±4.1 points) | 5.6% | 4.0% | 5.3% |
| $50,000 to $99,999 | 8.3% (±4.9 points) | 2.2% | 3.7% | 6.1% |
| $100,000 to $149,999 | 0.0% (±9.3 points) | 5.3% | 5.2% | 6.8% |
| $150,000 to $199,999 | 0.4% (±0.9 points) | 10.9% | 8.1% | 9.0% |
| $200,000 to $299,999 | 10.4% (±4.9 points) | 30.2% | 22.6% | 17.8% |
| $300,000 to $499,999 | 33.5% (±8.0 points) | 33.5% | 36.9% | 26.9% |
| $500,000 to $999,999 | 34.8% (±8.7 points) | 11.0% | 17.0% | 20.9% |
| $1,000,000 or more | 5.7% (±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
| Welch Township | Goodhue County | Minnesota | United States | |
|---|---|---|---|---|
| Median home value | $426,700 (±$70,994) | $285,100 (±$7,069) | $329,300 (±$903) | $332,700 |
| Owner-occupied homes | 230 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| 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
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Welch Township | — | $426,700 (±$70,994) | — |
| Miesville | 4.5 mi | $348,200 (±$20,060) | Lower |
| Ravenna Township | 5.4 mi | $443,800 (±$17,820) | Not measurably different |
| Town of Diamond Bluff | 6.1 mi | $291,700 (±$97,773) | Lower |
| Marshan Township | 6.3 mi | $475,000 (±$19,094) | Not measurably different |
| Red Wing | 6.6 mi | $237,300 (±$10,422) | Lower |
| Douglas Township | 6.9 mi | $459,900 (±$22,253) | Not measurably different |
| Vasa Township | 7.4 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
| Rank | Place | Median home value |
|---|---|---|
| 1 | Leon Township (Goodhue County) | $459,100 (±$62,908) |
| 2 | Hay Creek Township | $450,900 (±$23,088) |
| 3 | Warsaw Township (Goodhue County) | $446,800 (±$23,380) |
| 4 | Wacouta Township | $442,900 (±$152,790) |
| 5 | Pine Island Township | $442,700 (±$31,969) |
| 6 | Welch Township | $426,700 (±$70,994) |
| 7 | Stanton Township | $413,400 (±$30,938) |
| 8 | Cannon Falls Township | $409,900 (±$38,573) |
| 9 | Belle Creek Township | $400,000 (±$52,625) |
| 10 | Zumbrota Township | $398,900 (±$54,662) |
| 11 | Featherstone Township | $398,200 (±$48,874) |
| 12 | Vasa 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.
What you can do on Seayora in Welch Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Welch Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Welch Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Welch Township, and send estimates and invoices from your phone.
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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Welch township, Goodhue County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Welch township, Goodhue County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Welch township, Goodhue County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Welch township, Goodhue County, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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 .
Related
- Housing in Welch Township at a glance
- Renters and owners in Welch Township
- Income and affordability in Welch Township
- Homeowner costs in Welch Township
- Property taxes in Welch Township
- Types of homes in Welch Township
- Age of homes in Welch Township
- Heating fuel in Welch Township
- Commute and cars in Welch Township
- Minnesota landlord and tenant rules
- Housing across Goodhue County
- Minnesota places ranked by median home value
- Housing data for every place in Minnesota