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Foreclosure Homes in Nelson, MN 56355

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Nelson, MN Foreclosures

How much do homes sell for in Nelson, MN?
The average home price is currently $368,824.
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 $1,268,120.
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

Located in the heart of Minnesota, Nelson offers a tranquil living environment with breathtaking views of the Chippewa River. The town is surrounded by natural beauty, providing ample outdoor recreational activities year-round. Community events and a supportive local network make it an appealing choice for families and individuals seeking a slower pace of life.

Current Market Conditions in Nelson, MN

The real estate market in Nelson is currently showing signs of stability, with a steady demand for homes due to the area's appealing lifestyle and scenic surroundings. New construction projects are emerging, and existing homes are being renovated, attracting both families and retirees. As more people seek out smaller communities for remote work and leisure, Nelson's real estate is witnessing growth potential.

Home Value Estimator For Nelson, MN

There are currently 244 real estate properties in Nelson, MN, with a median automated valuation model (AVM) price of $316,377.00. 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 $368,824.00, with the most expensive house in Nelson, MN, topping out at $1,268,120.00 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 $1,268,120

Average Sales Price: $368,824

Rental Values:

Rental from $670 to $2,380

Average Rent Value: $1,436 / month

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