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Foreclosures in Nelson, IL

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Nelson, IL Foreclosures

How much do homes sell for in Nelson, IL?
The average home price is currently $101,296.
In Nelson, IL, how many homes are available?
There are currently 74 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 $251,177.
What is currently the cheapest priced home in Nelson, IL?
The cheapest home for sale in Nelson is priced at $17,486.

Living in Nelson, IL

Nelson, IL, is a charming small village in Lee County, offering a tight-knit community and a peaceful rural lifestyle. Ideal for families and retirees, it provides access to outdoor activities and essential local amenities.

Current Market Conditions in Nelson, IL

The real estate market in Nelson has shown a slight increase in demand due to its affordable housing options and serene environment. Buyers are attracted to the area for its low prices compared to larger towns in the region.

A recent trend in remote work has led to more families looking for homes in suburban areas like Nelson, where they can enjoy more space and a quieter lifestyle without sacrificing accessibility.

Home Value Estimator For Nelson, IL

There are currently 70 real estate properties in Nelson, IL, with a median automated valuation model (AVM) price of $94,453.00. 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 $101,296.00, with the most expensive house in Nelson, IL, topping out at $251,177.00 and the cheapest home in Nelson, IL, clocking in at $17,486.00. 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.

Nelson, IL Foreclosures


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