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Nokomis, IL Foreclosures

Current Market Conditions in in Nokomis, IL As of February 2026?
Over the past month, the housing market in Nokomis has shown signs of slight improvement, with a modest increase in new listings and a stabilization of home prices. Local agents report increased interest from buyers, particularly for single-family homes, as more people seek rural living environments post-pandemic. Average days on market have decreased, indicating a competitive marketplace as buyers are eager to secure properties before prices rise further.
How much do homes sell for in Nokomis, IL?
The average home price is currently $133,776.
In Nokomis, IL, how many homes are available?
There are currently 4 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 $3,877,363.
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, Illinois, is a charming small town that embodies the spirit of Midwestern hospitality. Surrounded by scenic landscapes, it features a tight-knit community, affordable living, and a peaceful ambiance. Residents enjoy various local events and outdoor activities, making it a great place for families and individuals seeking a slower-paced lifestyle.

Buyer vs Seller Market in Nokomis, IL

Nokomis has a stable real estate market with reasonable prices and a variety of housing options. The demand for homes remains steady as buyers are attracted to the town's affordable living and community-oriented atmosphere.

In recent years, properties have seen gradual appreciation, driven by interest from first-time homebuyers and those looking to relocate from larger metropolitan areas.

Home Value Estimator For Nokomis, IL

There are currently 1,738 real estate properties in Nokomis, IL, with a median automated valuation model (AVM) price of $84,302.00. 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 $133,776.00, with the most expensive house in Nokomis, IL, topping out at $3,877,363.00 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.

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