55089 Real Estate Market Overview

Could Welch, MN 55089 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 55089. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 55089 such as Hager Ci...ty and Frontenac. When you’re ready, Trulia has 2 resale and new homes in 55089 lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$274,500

Median Sales Price

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$227

Price Per Sqft

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$2,100

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 55089 show a -33% year-over-year drop in median sales price and a 0% rise in median rent per month.

Median Sales Price
The median sales price for homes in 55089 for May 24 to Aug 23 was $274,500 based on 2 home sales.
Price Per Square Ft.
Average price per square foot for 55089 was $227, an increase of 6% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 55089 for Sep 24 to Oct 24 was $2,100.

Crime

Most frequent crimes in the past year

55089 has very low crime relative to the rest of Goodhue County.

Knowing more about crime activity in and around 55089 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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6

Counts of Arrest


Best Schools in 55089

There are 10 schools in 55089.

Elementary Schools
8

Kennedy Elementary School

Public, K-4

6

Cannon Falls Elementary School

Public, PK-5

6

Pinecrest Elementary School

Public, K-4

Middle Schools
8

Cannon Falls Sec.

Public, 6-12

7

Hastings Middle School

Public, 5-8

7

Twin Bluff Middle School

Public, 5-7

High Schools
9

Hastings High School

Public, 9-12

8

Cannon Falls Sec.

Public, 6-12

6

Red Wing Senior High School

Public, 8-12


Demographics

Get to know your neighbors in 55089 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
22%
Single residents
Home owners
85%
Home owners
Median age
40
Median age
Household income
$67,916
Median household income
College educated
30%
College educated

Commute

Most people in 55089 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
94% commute by car
0% commute by bike
0% commute by public transportation
5% commute by foot

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