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Welcome MN Commercial Properties For Sale

The median home value in Welcome, MN is $165,900. This is higher than the county median home value of $163,600. The national median home value is $338,100. The average price of homes sold in Welcome, MN is $165,900. Approximately 74.25% of Welcome homes are owned, compared to 12.50% rented, while 13.25% are vacant. Welcome real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Welcome real estate agent to arrange a tour today!

Learn More About Welcome Real Estate

Statistics & facts

839 Population
$165K Medium Home Value
347 # of Households
13.25% Housing Vacancy
17.11% Future Job Growth
2.90% Unemployment Rate

Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, albertw.page@xome.com, 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.

Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, albertw.page@xome.com, 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.


Population

Welcome has a population of approximately 839 and experiences a population change rate of 16.37%. The population density is 576.2 / sq mi.

Household

The median household income for Welcome is $52,031, with 347 households and an average household size of 2.42.

Cost of Living

The cost of living index in Welcome is 77.8%.

Home Value

The median value of a home in Welcome is $165,900 with an appreciation rate of 14.7%. 74.3% of housing in the city is owned while 12.5% is rented.

Employment

The unemployment rate in Welcome is 2.90%, and recent job growth is at -1.90%. Future job growth is projected at 17.11%.

Taxes

The sales tax rate in Welcome is 6.88%, while the income tax rate is 6.80%.

Education

School expenditures in Welcome are $15,191, and the school ratio is 15.2:1.

Weather

The average high temperature in July is 82.9 degrees, with an average low temperature in January of 5.9 degrees. The average rainfall is approximately 31.5 inches per year, with 43.4 inches of snow per year.

Education near Welcome MN

Metric City County
High School Graduates 95.19 93.32
College Degree - 2 year 11.68 13.08
College Degree - 4 year 18.39 21.56
Graduate Degree 1.89 4.92
Expenditures per Student $15,191 $15,191
Students per Teacher 15.20 15.20

Elementary Schools near Welcome MN

School Grades Students P/T Ratio ZIP
Fairmont Elementary School PK - 06 899 14.8 56031
Sherburn Elementary School PK - 02 159 15.6 56171
Trimont Elementary School 03 - 06 229 17.2 56176
Truman Elementary School PK - 06 98 8.3 56088
Welcome Elementary PK - KG 11 22 56181

Middle Schools near Welcome MN

School Grades Students P/T Ratio ZIP
Martin County West Junior High School 07 - 08 129 28 56171

High Schools near Welcome MN

School Grades Students P/T Ratio ZIP
Fairmont Junior/Senior High School 07 - 12 817 19.7 56031
Martin County West Senior High School 09 - 12 269 13.9 56171
Truman Secondary School 07 - 12 87 10.5 56088

Ungraded Schools near Welcome MN

School Grades Students P/T Ratio ZIP
Pathways KG - 12 2 2 56031
Positive Approach To Learning KG - 12 9 9 56181