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Foreclosure Homes in Nokomis, IL

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Nokomis, IL Foreclosures

How much do homes sell for in Nokomis, IL?
The average home price is currently $90,823.
In Nokomis, IL, how many homes are available?
There are currently 13 active home listings available in Nokomis.
What’s the average rental cost in Nokomis, IL?
The average rental price in Nokomis is $869.
What is the most expensive home in Nokomis?
The most expensive home sold in Nokomis had a price of $1,543,106.
What is currently the cheapest priced home in Nokomis, IL?
The cheapest home for sale in Nokomis is priced at $8,568.

Living in Nokomis, IL

Nokomis, IL, is a quaint small town providing a quiet lifestyle with community charm. Residents enjoy access to parks, shops, and a nurturing educational environment. It's an excellent place for families and retirees seeking a tranquil living experience.

Current Market Conditions in Nokomis, IL

Currently, the real estate market in Nokomis is experiencing steady growth, with increasing demand for homes in the area. This growth is driven by its affordability compared to larger surrounding cities, making it an attractive option for first-time buyers and investors.

Recent trends indicate a rise in home values, reflecting the town's appeal and potential for investment. With a limited housing inventory, now is an opportune time for investors to consider buying properties in Nokomis.

Home Value Estimator For Nokomis, IL

There are currently 1,470 real estate properties in Nokomis, IL, with a median automated valuation model (AVM) price of $71,777.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Nokomis, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Nokomis, IL, is $90,823.00, with the most expensive house in Nokomis, IL, topping out at $1,543,106.00 and the cheapest home in Nokomis, IL, clocking in at $8,568.00. In other words, there’s something for every potential homebuyer or savvy investor in Nokomis, IL!

Rent Prices In Nokomis, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Nokomis, IL, is on a rollercoaster ride. The average rent price in Nokomis, IL, is $869.00. Indeed, when looking to rent in Nokomis, IL, you can expect to pay as little as $570.00 or as much as $1,730.00, with the average rent median estimated to be $810.00. The good news is that finding an affordable and desirable property to rent in Nokomis, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Nokomis, IL Foreclosures

Market Trend for Nokomis, IL

Total Listings Available: 13

Market Values:

Home Prices from $8,568 to $1,543,106

Average Sales Price: $90,823

Rental Values:

Rental from $570 to $1,730

Average Rent Value: $869 / month

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