Nelson, VA Foreclosures
How much do homes sell for in Nelson, VA?
The average home price is currently $203,524.
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 $42,456.
Living in Nelson, VA
Nelson, VA is a serene rural community surrounded by stunning mountains and natural beauty. It offers a tranquil lifestyle with a focus on outdoor activities, community events, and local culture. With strong educational institutions and a friendly atmosphere, it's a perfect place for families and nature enthusiasts.
Current Market Conditions in Nelson, VA
The real estate market in Nelson, VA has shown a steady increase in property values over the past few years, driven by a growing interest in rural living and outdoor activities. The demand for homes, particularly those that offer land and natural views, is strong, attracting both buyers looking to relocate from urban areas and those seeking vacation properties.
New developments have begun to emerge, with a mix of single-family homes and farmhouse renovations providing options for various buyers. The trend towards remote work has also contributed to an influx of families and individuals seeking larger homes with work-from-home capabilities.
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 $192,295.00. 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 $203,524.00, with the most expensive house
in Nelson, VA, topping out
at $602,477.00 and the cheapest home
in Nelson, VA,
clocking in at $42,456.00. 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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