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Rent To Own 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 $92,778.
In Nokomis, IL, how many homes are available?
There are currently 12 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 $1,585,547.
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 friendly small town with a rich community spirit and easy access to outdoor activities. The area features charming parks, local schools that emphasize education, and a close-knit atmosphere. Residents enjoy a pace of life away from the bustle of larger cities while still having essential amenities nearby.

Current Market Conditions in Nokomis, IL

The real estate market in Nokomis has seen stable growth over the past year. With a mix of affordable homes and a growing demand for properties, the market appears favorable for both buyers and sellers. The community's appeal is heightened by its affordability compared to larger neighboring cities, attracting families and individuals seeking a quieter lifestyle.

Nokomis is enjoying an emerging trend as more buyers seek homes in small towns, effectively increasing property values. There has been a noticeable increase in buyer interest, particularly for single-family homes, as remote work becomes more prevalent, allowing more people to consider suburban living.

Home Value Estimator For Nokomis, IL

There are currently 1,473 real estate properties in Nokomis, IL, with a median automated valuation model (AVM) price of $73,673.00. 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 $92,778.00, with the most expensive house in Nokomis, IL, topping out at $1,585,547.00 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 Rent To Own Homes

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