Housing in 56355 Nelson, MN has a median value of $267,500. While this is significantly lower than the national median value of $338,100, this area still experienced an appreciable one-year house appreciation of 7.75%, just slightly below the national average of 8.27%. This means that housing prices have increased in value and are expected to continue to do so. It's a great time to invest in real estate in Nelson and take advantage of the increasing values.
The median home cost in Nelson (zip 56355) is $267,500. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Nelson (zip 56355) is up 13.6%.
Average Age of Homes
- The median age of Nelson (zip 56355) real estate is 44 years old
The Rental Market in Nelson (zip 56355)
- Renters make up 17.0% of the Nelson (zip 56355) population
- 0.0% of houses and apartments in Nelson (zip 56355), 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.