$980 Closing Credit*
$82,500
4 Beds
•2 Full Baths
Listing Office: Tosetti & Associates
Is Nokomis, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Nokomis has remained a Seller's Market.
Key Takeaway
Nokomis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Nokomis, IL
How much do homes in Nokomis, IL cost?
Median Sold Price
$65,000
$60/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$950(-1.4%)
Key Takeaway
Homes in Nokomis have sold for 1.4% less than they did a month ago.
Summary: The median home sold price in Nokomis was $65,000 in November 2024, down 1.4% from last month, and the median price per square foot was $60.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $65K | N/A |
| 3 Bedrooms | $72K | - | N/A |
| 4 Bedrooms | $59.9K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Nokomis housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Nokomis | $65.9K | $65K | -1.4% |
| Nokomis Township | $65.9K | $65K | -1.4% |
Housing Supply in Nokomis, IL
How many homes are available in Nokomis, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Summary: The Nokomis real estate market had 5 homes for sale in November 2024, a 44.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 2 | -60.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Nokomis housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 60%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Nokomis, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Nokomis in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Nokomis, IL
How long does it take to sell a home in Nokomis, IL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 Days | 49 Days | -37.0% |
Summary: Homes in Nokomis had an average of 49 days on market in Nov 2024, down by 37% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Nokomis has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Nokomis; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.