55089 — Welch, MN Home Values
Typical home value $495,656 as of June 2026 · 1st of 9 in Red Wing, MN
Blue: typical home value (Zillow ZHVI) in ZIP code 55089, June 2021 to June 2026. This page shows observed data only; no forecast.
How 55089 compares in the Red Wing, MN area
ZIP code 55089 (Welch, MN) has a typical home value of $495,656 as of June 2026, ranking 1st of 9 ZIP codes tracked in the Red Wing, MN area, the most expensive ZIP code in the metro. Prices here have moved +2.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +19.3%, from $415,452 in June 2021 to $495,656 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Red Wing, MN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Red Wing.
Population and demographics
ZIP code 55089 has a population of 1,760, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 73.1% White, 16.4% American Indian or Alaska Native, 5.1% Hispanic or Latino, 3% two or more races, 1.2% Asian, 0.6% Black or African American, and 0.6% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Tower View Alternative High School | 154 TOWER VIEW DR, RED WING, MN | 3.8 mi |
| Creekstone Montessori | 5225 HIGHWAY 61 W, RED WING, MN | 4.1 mi |
| Burnside Elementary | 5001 LEARNING LN, RED WING, MN | 4.3 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 55089?
$495,656 as of June 2026, the latest month Zillow has published observed data for.
Is 55089 an expensive ZIP code in the Red Wing, MN area?
55089 ranks 1st of 9 ZIP codes in the Red Wing, MN area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 55089 changed over the past year?
+2.9% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 55089?
1,760, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 55089?
Tower View Alternative High School (3.8 mi), Creekstone Montessori (4.1 mi), Burnside Elementary (4.3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 55089?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Red Wing, MN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.