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Land Foreclosures 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 $369,386.
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 $1,370,928.
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, a quaint village in west-central Minnesota, is known for its small-town charm and picturesque landscapes. The area boasts a tight-knit community and offers a variety of recreational activities, including fishing, hiking, and boating in the nearby lakes. With a tranquil atmosphere and stunning natural beauty, Nelson provides a serene escape from city life.

Current Market Conditions in Nelson, MN

The real estate market in Nelson has remained stable over the past few months, with a gradual increase in home values. This trend indicates a growing interest in the area, likely due to its serene lifestyle and affordability compared to neighboring regions.

Buyers are increasingly attracted to the picturesque landscapes and recreational opportunities, driving demand for homes. Properties continue to sell at a steady pace, with a notable interest in homes that offer lake views and easy access to outdoor activities.

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 $315,232.00. 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 $369,386.00, with the most expensive house in Nelson, MN, topping out at $1,370,928.00 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 Land


Market Trend for Nelson, MN

Total Listings Available: 0

Market Values:

Home Prices from $38,634 to $1,370,928

Average Sales Price: $369,386

Rental Values:

Rental from $670 to $2,380

Average Rent Value: $1,436 / month

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