City:

Nelson, MN

Nelson is a city in the state of minnesota with a population of roughly 527. It is in Douglas County, Minnesota the Alexandria, MN core-based statistical areas (CBSA), Its Zip codes include 56355 .

Price Trends in Nelson, MN

Nelson is a small town located in the Twin Cities metropolitan area. The population was 10,924 at the 2010 census. Nelson has a long history as a center of agriculture and commerce. The town was founded in 1856 and named for General Horatio Nelson, who fought in the Napoleonic Wars.

Today, Nelson is an important commercial and residential center in the Twin Cities region. The town's economy is based on retail sales, health care services, manufacturing, and tourism. Nelson is home to several major businesses including Target Corporation, Hennepin County Medical Center, Medtronic Inc., 3M Company, General Mills Inc., Best Buy Co., Home Depot Inc., and numerous other smaller businesses.

The city's primary transportation routes include Interstate 35W and Minnesota State Highway 5. There are also several local roads that connect Nelson with neighboring communities. The city has a public library system and two parks: Veterans Memorial Park and Heritage Park.

Real estate in Nelson is dominated by single-family homes and apartments/condos. The median price of a single-family home was $224,000 in 2016 according to Zillow data; this represents an increase of 6% from 2015 levels when the median price was $210,000.[1] In addition to single-family homes, there are also a number of duplexes/triplexes available for purchase or lease; these properties typically sell for around $100K.[2] Apartments/condos account for the remaining share of real estate market activity in Nelson; the median price for an apartment/condo was $128K in 2016 according to Zillow data.[1]

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