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WELCOME, MN 56181

Real Estate Market Report  ·  Martin County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
7
⇧ 75% vs 4 last year
Pending
2
29% pending ratio
Median Price
$225,000
⇧ 11% vs $202,750 last year
Average Price
$273,243
⇧ 34.8% vs $202,750 last year
Days on Market
72
⇩ 56.1% vs 164 days last year

Market Context

Population: 1,187  ·  Density: 7.4/mi²  ·  Median household income: $60,500

Typical home value: $104,035  ·  Homeownership: 86.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The WELCOME, MN real estate market (56181) currently shows 7 active listings, with 2 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 72 days on market compared to 164 days last year.

The median listing price has risen 11% year-over-year, from $202,750 to $225,000.

Whether you are buying or selling in WELCOME, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 4 last year
  • Days on market: 72 now vs 164 last year

Median & Average Pricing

Year over Year
  • Median: $225,000 (+11% YoY)
  • Average: $273,243 (+34.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.4 miles — 91 listings ($23,680,523 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56181Welcome, MN 561810.0 mi7$1,912,701$225,000$273,243
56031Fairmont, MN 560318.4 mi50$15,394,050$267,000$307,881
56121Ceylon, MN 561219.7 mi2$370,000$185,000$185,000
56127Dunnell, MN 5612712.0 mi2$390,000$195,000$195,000
56111Alpha, MN 5611113.5 mi2$494,000$247,000$247,000
56039Granada, MN 5603914.7 mi3$412,800$139,900$137,600
50514Armstrong, IA 5051419.7 mi5$1,411,125$179,950$282,225
56120Butterfield, MN 5612021.3 mi4$747,800$209,450$186,950
56047Huntley, MN 5604721.4 mi1$65,500$65,500$65,500
56098Winnebago, MN 5609822.5 mi11$1,784,046$139,700$162,186
50590Swea City, IA 5059024.5 mi3$279,501$95,000$93,167
50556Ledyard, IA 5055626.0 mi0$0$169,900$169,900
50578Ringsted, IA 5057826.4 mi1$419,000$419,000$419,000

Frequently Asked Questions

How many homes are for sale in WELCOME, MN 56181?

As of January 2026, there are 7 active listings in WELCOME, MN (zip code 56181), compared to 4 the prior year.

What is the median home price in WELCOME, MN 56181?

The median listing price in WELCOME, MN 56181 is $225,000 as of January 2026, a 11% increase from $202,750 the prior year.

How long do homes stay on the market in WELCOME, MN?

Homes in WELCOME, MN 56181 spend an average of 72 days on the market before going under contract, compared to 164 days the prior year.

Is it a seller's or buyer's market in WELCOME, MN 56181?

Based on current inventory and days-on-market data as of January 2026, WELCOME, MN 56181 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 72 days on market compared to 164 days last year.

How much can I save on real estate commission in WELCOME, MN?

With SELL123.com's maximum 3% commission, sellers in WELCOME, MN 56181 save an estimated $4,500 compared to a typical 5% commission on the median listing price of $225,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.