Nelson, IL Foreclosures
How much do homes sell for in Nelson, IL?
The average home price is currently $102,504.
In Nelson, IL, how many homes are available?
There are currently 89 active home listings available in Nelson.
What’s the average rental cost in Nelson, IL?
The average rental price in Nelson is $962.
What is the most expensive home in Nelson?
The most expensive home sold in Nelson had a price of $228,854.
What is currently the cheapest priced home in Nelson, IL?
The cheapest home for sale in Nelson is priced at $17,723.
Living in Nelson, IL
Nelson, Illinois, is a charming small town that embodies a quiet lifestyle surrounded by natural beauty. Known for its friendly community, it offers a range of outdoor activities and local amenities. Families will appreciate the tranquil atmosphere while still having access to essential services.
Current Market Conditions in Nelson, IL
The real estate market in Nelson, IL, has shown a steady increase in interest, with more families looking to relocate to suburban and rural areas. The demand for homes has been rising, driven by remote work flexibility and a desire for a peaceful environment away from city life. Homes in this area tend to have significant outdoor space, which is a key selling point.
There has been an uptick in home renovations as existing homeowners aim to increase property value and appeal to potential buyers. New constructions are also becoming more common, catering to the influx of individuals interested in a more relaxed lifestyle.
Home Value Estimator For Nelson, IL
There are currently 69 real estate properties
in Nelson, IL,
with a median automated valuation model (AVM) price
of $98,130.00. 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, IL, 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, IL,
is $102,504.00, with the most expensive house
in Nelson, IL, topping out
at $228,854.00 and the cheapest home
in Nelson, IL,
clocking in at $17,723.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Nelson, IL!
Rent Prices
In Nelson, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Nelson, IL, is on
a rollercoaster ride. The
average rent price in Nelson, IL,
is $962.00. Indeed, when looking to rent in
Nelson, IL, you can expect to pay as little
as $690.00 or as much
as $1,590.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Nelson, IL
-- 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.
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