Is Welch, MN 55089 a buyer’s or seller’s market?
Welch is a seller’s market. With about 1.6 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94.4%Sold price ÷ list price
Median days on market35Listing to accepted offer
Median price per sq ft$238▲ +32.1% vs. last year
Run the numbers for 55089
Nearby markets
Cannon Falls 55009Buyer’s market $208 /sq ftDennison 55018Balanced $298 /sq ftFrontenac 55026Seller’s market $242 /sq ftGoodhue 55027Seller’s market $219 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology