Housing in Nelson, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — June 2024Median Sale Price
$209,900
Median List Price
N/A
Price Per Sq Ft
$109
Days on Market
53
Active Inventory
1
Months of Supply
1.0
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
95.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$109
Nelson vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Nelson is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$156,700
Median Rent
$917
Total Housing Units
71
Vacancy Rate
8.4%
Owner Occupied
50.8%
Renter Occupied
49.2%
Median Property Tax
$1,294
per year
Monthly Cost (w/ Mortgage)
$1,047
Housing Types
The current median sale price in Nelson, MN is $209,900 according to Redfin data. Homes spend a median of 53 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $109. The median rent is $917 per month (Census ACS). About 50.8% of housing units are owner-occupied. The median year homes were built is 1972. There are 71 total housing units.