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Nelson County Housing Market

Virginia · 133 counties · Ranked #2575 in home value

Above National Avg

Housing at a Glance

Median Home Value

$283,000

vs national+$283,000 vs $281,900 national

Median Gross Rent

$950/mo

vs national$950 vs $1,163 national

Effective Tax Rate

0.54%

vs national0.54% vs 1.02% national

Median Household Income

$68,525

vs national$68,525 vs $74,755 national

Affordability Ratio

4.1x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

26.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,517

Tax as % of Home Value

0.54%

Monthly Owner Cost

$913

Renter Income

$46,857

Frequently Asked Questions

What is the median home value in Nelson County?
The median home value in Nelson County is $283,000. This is above the national median of $281,900.
How much is rent in Nelson County?
The median gross rent in Nelson County is $950 per month.
What is the property tax rate in Nelson County?
The effective property tax rate in Nelson County is 0.54%. The median annual property tax bill is $1,517.
Is Nelson County affordable?
With a home-value-to-income ratio of 4.1x, Nelson County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.