Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Nelson area can be challenging. Home prices in Nelson are now at a median cost of $105,826, lower than the Virginia average of $323,261.
The average cost of rent is $749/mo in Nelson, primarily driven by the current value of real estate in the Nelson area. While nearly 69.30% of residents own their homes outright in Nelson, 15.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nelson is $4,037 per month. Households that rent pay about 18.56% of their income on rent here. Nelson's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Buffalo Junction, VA: higher priced homes
- Puryear Corner, VA: higher priced homes
- Buffalo Springs, VA: higher priced homes
- Bullock, NC: higher priced homes
- Virgilina, VA: higher priced homes
- Clarksville, VA: higher priced homes
- Jeffress, VA: higher priced homes
- Stovall, NC: higher priced homes
- Midway, VA: higher priced homes
- Satterwhite, NC: higher priced homes
Cities with Similar Populations
- Caney, LA: higher priced homes
- Black River, MI: higher priced homes
- Blue Mountain, AL: less expensive homes
- Bowdle, SD: less expensive homes
- Bremo Bluff, VA: higher priced homes
- Buda, CO: higher priced homes
- Bumpus Mills, TN: higher priced homes
- Burlington, WY: higher priced homes
- Burnsville, WV: less expensive homes
- Busy Corner, MS: less expensive homes
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