Prime 4-acre site, nestled in the welcoming community of Welcome, Minnesota, offers an exceptional opportunity for the development of a small subdivision tailored for single-family homes and potentially multifamily dwellings. Strategically located along Interstate I-90, the property has excellent connectivity, situated midway between the city of Fairmont and the city of Sherburn. This central location provides easy access to employment, schools, shopping and recreational amenities in the surrounding region. This 4-acre site represents an outstanding investment for developers seeking to build a market-ready subdivision in a community that values tranquility, connectivity, and family focused living.
The median home value in Welcome, MN is $59,000. This is lower 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 $59,000. Approximately 74.25% of Welcome homes are owned, compared to 12.5% 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!
Welcome, Minnesota has a population of 839. Welcome is less family-centric than the surrounding county with 20.57% of the households containing married families with children. The county average for households married with children is 25.79%.
The median household income in Welcome, Minnesota is $52,031. The median household income for the surrounding county is $57,002 compared to the national median of $69,021. The median age of people living in Welcome is 36.7 years.
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.