The Welcome Park housing market is most competitive. The median sale price of a home in Welcome Park was $290K last month, up 12.9% since last year. The median sale price per square foot in Welcome Park is $175, down 12.1% since last year.
What is the housing market like in Welcome Park today?
In March 2024, Welcome Park home prices were up 12.9% compared to last year, selling for a median price of $290K. On average, homes in Welcome Park sell after 39 days on the market compared to 23 days last year. There were 3 homes sold in March this year, down from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$290,000
+12.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Welcome Park, MN
$290,000
+12.9%
United States
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How hot is the Welcome Park housing market?
Welcome Park is most competitive. Homes sell in 13 days.
0
100
91
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 5% above list price and go pending in around 13 days.
Hot homes
can sell for about 9% above list price and go pending in around 9 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Welcome Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Welcome Park.
Risk Factor
Flood Factor - Moderate
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Welcome Park has a moderate risk of flooding. 5 properties in Welcome Park are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Welcome Park. Flood risk is increasing faster than the national average.
Welcome Park has minimal risk of severe winds over the next 30 years
Wind Factor
Welcome Park has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.