Nelson, VA Foreclosures
How much do homes sell for in Nelson, VA?
The average home price is currently $206,193.
In Nelson, VA, how many homes are available?
There are currently 67 active home listings available in Nelson.
What’s the average rental cost in Nelson, VA?
The average rental price in Nelson is $821.
What is the most expensive home in Nelson?
The most expensive home sold in Nelson had a price of $602,477.
What is currently the cheapest priced home in Nelson, VA?
The cheapest home for sale in Nelson is priced at $44,203.
Living in Nelson, VA
Nelson, VA is a charming small town nestled in the Blue Ridge Mountains. It's characterized by stunning natural landscapes and a tight-knit community atmosphere. With access to outdoor activities, local vineyards, and a welcoming downtown, Nelson provides an idyllic setting for families and individuals seeking a peaceful life.
Current Market Conditions in Nelson, VA
The real estate market in Nelson, VA is currently experiencing a balanced phase with steady demand and a moderate supply of homes. The region has seen an increase in interest from homebuyers looking for tranquility and natural beauty, particularly from those relocating from urban areas. As a result, the average home prices have been gradually increasing but still remain relatively affordable compared to larger cities.
In recent months, there has been a noticeable uptick in the number of families moving to Nelson, contributing to a slight decrease in the average days on market for homes listed. Real estate agents report that well-maintained properties are receiving multiple offers, reflecting a competitive market. The appeal of local parks, community events, and scenic views continues to drive interest. Overall, buyer optimism remains high as interest rates stabilize.
Home Value Estimator For Nelson, VA
There are currently 189 real estate properties
in Nelson, VA,
with a median automated valuation model (AVM) price
of $194,434.00. 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, VA, 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, VA,
is $206,193.00, with the most expensive house
in Nelson, VA, topping out
at $602,477.00 and the cheapest home
in Nelson, VA,
clocking in at $44,203.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Nelson, VA!
Rent Prices
In Nelson, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Nelson, VA, is on
a rollercoaster ride. The
average rent price in Nelson, VA,
is $821.00. Indeed, when looking to rent in
Nelson, VA, you can expect to pay as little
as $640.00 or as much
as $1,020.00,
with the average rent median estimated to
be $780.00. The good news is that finding
an affordable and desirable property to rent in Nelson, VA
-- 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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