Housing in Nelson, ND County is quite affordable compared to the US housing median value. The median value in Nelson, ND County is $119,160, which is almost one third of the US House Median Value of $338,100. The 1 year appreciation rate for housing in Nelson, ND County is 8.09%, just below the average US house appreciation rate of 8.27%. This makes it an attractive area for homebuyers who are looking for a good investment opportunity at a lower cost.
The median home cost in Nelson County is $119,160. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Nelson County is up 10.0%.
Average Age of Homes
- The median age of Nelson County real estate is 56 years old
The Rental Market in Nelson County
- Renters make up 15.0% of the Nelson County population
- 2.4% of houses and apartments in Nelson County, 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.