How much does it cost to buy a house in Nelson, MI?

In September 2026 Nelson homes were listed to buy for a median price of $220K, which is a 19% decrease to August 2025 last month, and a 18% decrease to September 2025 last year. The median value of a home listed to buy in Nelson in September 2026 was $107 per sqft, which is a 45% decrease to August 2025 last month, and a 45% decrease to September 2025 last year.

Is it affordable or expensive to buy real estate in Nelson, MI?

It is affordable to buy a house in Nelson. Buying a home in Nelson is 1% less expensive compared with the national average.

Is it a good time to buy real estate in Nelson, MI?

Yes now is a good time to buy property in Nelson, in September 2026, homes in Nelson have decreased in value (price per sqft) by 45% in the last year compared with September 2025.

Is the Nelson, MI housing market slowing down?

The housing market in Nelson is slowing down. In September 2026, homes for sale in Nelson spent a median of 5 days on the market, a 58% decrease from September 2025 last year.

What are the best and safest places to live in Nelson, MI?

The best and safest neighborhoods to live in Nelson in September 2026 are Heritage Hill, Ridgemoor, Michigan Oaks, Fulton Heights, Eastown, East Hills, Belknap Lookout, North East Citizens Action, Westside Connection, John Ball Park, Alger Heights, Madison Area, Midtown, South East End, Fuller Avenue, Creston, Garfield Park, Black Hills, Oakdale, Baxter

How much money should I make to buy a house in Nelson, MI?

In September 2026, Nelson homes were listed to buy for a median price of $220K, with 25% down you would need $1.4K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $48.2K.

Is it a good time to sell my house in Nelson, MI?

Yes now is a good time to sell your house in Nelson, in September 2026, homes in Nelson have decreased in value (price per sqft) by 45% in the last year compared with September 2025.