Housing & Real Estate — Welcome, Minnesota
Overview
| Total Housing Units | 391 |
| Occupied | 364 |
| Vacant | 27 |
| Owner-Occupied | 295 |
| Renter-Occupied | 69 |
| Median Home Value (Census) | $101,600 |
| Estimated 2026 | ~$110,000 |
| Median Rent | $625/mo |
| Median Property Tax | $1,265/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | affordable |
| Rent as % of Income | 15.3% |
| Severely Rent-Burdened | 59.0% |
Housing Age
| Built 2010 or later | 2 |
| Built 2000-2009 | 26 |
| Built 1990-1999 | 55 |
| Built before 1960 | 254 |
| Median Year Built | 1952 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.