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Foreclosure Homes in Nelson, MN 56355

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Nelson, MN Foreclosures

Current Market Conditions in in Nelson, MN As of February 2026?
Over the past month, real estate activity in Nelson has increased significantly as more buyers are looking to relocate or invest in the area. Due to its attractive location by the lake and community-oriented atmosphere, properties seem to be receiving multiple offers. This competitiveness has driven home prices up slightly as demand outpaces supply, with several homes going under contract within days of listing. Sellers are increasingly taking advantage of favorable market conditions as interest rates remain relatively stable, encouraging both buyers and investors to explore this charming town.
How much do homes sell for in Nelson, MN?
The average home price is currently $363,524.
In Nelson, MN, how many homes are available?
There are currently 1 active home listings available in Nelson.
What’s the average rental cost in Nelson, MN?
The average rental price in Nelson is $1,436.
What is the most expensive home in Nelson?
The most expensive home sold in Nelson had a price of $1,369,541.
What is currently the cheapest priced home in Nelson, MN?
The cheapest home for sale in Nelson is priced at $38,634.

Living in Nelson, MN

Nelson, MN is a picturesque small town situated along the shores of Lake Pepin, ideal for outdoor lovers and families. The community offers a quaint lifestyle with beautiful natural surroundings and essential amenities. With its friendly atmosphere, Nelson is perfect for anyone seeking tranquility and engagement with nature.

Buyer vs Seller Market in Nelson, MN

Currently, the real estate market in Nelson, MN is showing positive trends with a steady increase in home prices due to growing demand. The proximity to Lake Pepin and the scenic beauty of the area attract homebuyers looking for vacation homes or peaceful retreats.

There is a balanced market where buyers are showing interest in both new constructions and older homes. Properties are selling more quickly, and inventory is somewhat low, leading to an increase in prices compared to last year.

Home Value Estimator For Nelson, MN

There are currently 284 real estate properties in Nelson, MN, with a median automated valuation model (AVM) price of $315,861.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Nelson, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Nelson, MN, is $363,524.00, with the most expensive house in Nelson, MN, topping out at $1,369,541.00 and the cheapest home in Nelson, MN, clocking in at $38,634.00. In other words, there’s something for every potential homebuyer or savvy investor in Nelson, MN!

Rent Prices In Nelson, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Nelson, MN, is on a rollercoaster ride. The average rent price in Nelson, MN, is $1,436.00. Indeed, when looking to rent in Nelson, MN, you can expect to pay as little as $670.00 or as much as $2,380.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Nelson, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Nelson, MN 56355 Foreclosures

Market Trend for Nelson, MN

Total Listings Available: 1

Market Values:

Home Prices from $38,634 to $1,369,541

Average Sales Price: $363,524

Rental Values:

Rental from $670 to $2,380

Average Rent Value: $1,436 / month

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