Is Nelson, VA 24580 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Nelson is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Nelson housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Mecklenburg County, VA

Population	360
Median income	$54,853
Average income	$64,927
Median home value	$127,600
Median rent	$676/month
Owner-occupied	64% of homes
Median year built	1972

Natural hazard riskHurricanes (moderate), extreme heat (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 24580; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 24580

Prefilled for 24580Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24580Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Baskerville 23915 $119 /sq ft Boydton 23917Buyer’s market $187 /sq ft Bracey 23919Balanced $203 /sq ft Buffalo Junction 24529Balanced $245 /sq ft Browse all markets →

Where Nelson is

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Questions about Nelson real estate

What are property taxes in Nelson?

About 0.45% of a home’s value a year in Mecklenburg County, or roughly $1,800 on a $400,000 home.

Local agents

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More tools for 24580

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Mecklenburg County property taxes Mecklenburg County loan limits Closing costs in Virginia Hottest ZIP codes in Virginia

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology