The housing market in Nelson, NY is thriving. The median house value is $254,000 which is significantly lower than the national median of $338,100. Additionally, the house appreciation rate in Nelson, NY over the past year has been 11.45% which is higher than the US 1 year appreciation rate of 8.27%. This indicates that investing in a home in Nelson, NY could be a solid investment with potential for further increases in value over time.
The median home cost in Nelson is $254,000. Home appreciation the last 10 years has been 64.1%. Home Appreciation in Nelson is up 13.3%.
Average Age of Homes
- The median age of Nelson real estate is 45 years old
The Rental Market in Nelson
- Renters make up 8.3% 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.