Nelson, MN is a great place to live or invest in housing with a median value of $226,700. This is significantly lower than the US House Median Value at $338,100. The US 1 year House Appreciation rate is 8.27% and the House 1 year appreciation rate in Nelson, MN stands at 7.75%. It's clear that the housing market in Nelson, MN offers strong value for money compared to other locations within the US. With a high quality of life available and affordable real estate prices, it's easy to see why many people are choosing to invest in this area.
The median home cost in Nelson is $226,700. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Nelson is up 13.6%.
Average Age of Homes
- The median age of Nelson real estate is 42 years old
The Rental Market in Nelson
- Renters make up 22.0% of the Nelson population
- 0.0% of houses and apartments in Nelson, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.