Nokomis, FL—34275
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nokomis, FL
As of Oct '25, the median home price in Nokomis, FL is $503,000, with a year-over-year change of -9.8%. This indicates that home prices in Nokomis, FL are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $503,000 | -9.8% |
| Single Family | $515,000 | -10.0% |
| Condos | $335,000 | -12.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $195,000 | -16.3% |
2 Bed | $356,000 | -12.7% |
3 Bed | $541,000 | -9.4% |
4 Bed | $677,000 | -8.4% |
| 5 Bed | $1,274,000 | -6.9% |
% of Housing Stock
Rental Trends — Nokomis, FL
As of July '25, Rentcast reports the average rent in Nokomis, FL is $3,020, with a year-over-year rent change of -8.2%. Per bedroom, the median rent as of July '25 in Nokomis, FL is studios: $1,500, 1-bedrooms: $1,390, 2-bedrooms: $2,660, 3-bedrooms: $3,350, 4-bedrooms: $3,860. The most common rental property sizes in Nokomis, FL are 2-bedroom and 1-bedroom, accounting for 44.0% and 23.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $3,020 |
| Studio Rent | $1,450 | $1,500 |
| 1 Bed Rent | $1,440 | $1,390 |
| 2 Bed Rent | $2,500 | $2,660 |
| 3 Bed Rent | $2,850 | $3,350 |
| 4 Bed Rent | $3,500 | $3,860 |
% of Rental Stock
Property Listings — Nokomis, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Nokomis, FL is 81. This is a increase of 29.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $572,000 | -5.0% |
Listing Count | 367 | 9.0% |
| Listings as % of Homes | 2.2% | 9.0% |
Days on Market | 81 | 29.0% |
Demographics — Nokomis, FL
As of the latest ACS Survey released in 2023, Nokomis, FL has a population of 21,600, which has increased by 7.5% over the past 5 years. Nokomis, FL is a less popular place for families, as children make up 9.6% of the population. The area has a moderately educated workforce, with 43.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,600 | 7.5% |
% Under 18 | 9.6% | -27.3% |
% Seniors | 46.5% | 18.0% |
% WFH | 26.0% | 176.6% |
% w/ College Degree | 43.0% | 16.8% |
As of the latest ACS Survey released in 2023, Nokomis, FL is a predominantly white area, with 85.4% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Nokomis, FL is hispanic, making up 3.7% of the population. Foreign-born residents account for 11.5% of the population in Nokomis, FL, and this percentage has increased by 40.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.4% | -4.8% |
% Black | 1.5% | -42.3% |
% Hispanic | 3.7% | -2.6% |
% Asian | 2.8% | 100.0% |
% Foreign Born | 11.5% | 40.2% |
Mortgage and Risk — Nokomis, FL
According to HUD data as of 2023, there were 508 mortgage originations in Nokomis, FL, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Nokomis, FL. Investor activity is low, as 5.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 508 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 5.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Nokomis, FL
As of 2024, the percent of homes in Nokomis, FL under the Section 8 program is 1.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Nokomis, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 33 |
Total Units Section 8 | 33 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $200 | $1,440 | $1,640 |
| 2 Bedroom | -$580 | $2,500 | $1,920 |
| 3 Bedroom | -$330 | $2,850 | $2,520 |
| 4 Bedroom | -$480 | $3,500 | $3,020 |
Affordability — Nokomis, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7 |
| Median Home Price | $503,000 |
| Median Household Income | $84,500 |