Nokomis, IL—62075
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nokomis, IL
Nokomis, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $95,000 | 0.7% |
| Single Family | $96,000 | 1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $110,000 | 4.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Nokomis, IL
Nokomis, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Nokomis, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Nokomis, IL is 38. This is a increase of 22.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $136,000 | 28.0% |
Listing Count | 14 | 64.0% |
| Listings as % of Homes | 0.5% | 64.0% |
Days on Market | 38 | 22.0% |
Demographics — Nokomis, IL
As of the latest ACS Survey released in 2023, Nokomis, IL has a population of 3,180, which has decreased by -13.2% over the past 5 years. Nokomis, IL is a moderately popular place for families, as children make up 24.4% of the population. The area has a poorly educated workforce, with 15.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,180 | -13.2% |
% Under 18 | 24.4% | -18.7% |
% Seniors | 25.4% | 30.3% |
% WFH | 10.1% | 7.4% |
% w/ College Degree | 15.6% | 4.0% |
As of the latest ACS Survey released in 2023, Nokomis, IL is a predominantly white area, with 93.0% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Nokomis, IL is asian, making up 3.7% of the population. Foreign-born residents account for 2.4% of the population in Nokomis, IL, and this percentage has increased by 2300.0% 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 | 93.0% | -4.6% |
% Black | 0.2% | -66.7% |
% Hispanic | 1.4% | 180.0% |
% Asian | 3.7% | ∞% |
% Foreign Born | 2.4% | 2,300.0% |
Mortgage and Risk — Nokomis, IL
According to HUD data as of 2023, there were 27 mortgage originations in Nokomis, IL, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Nokomis, IL. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 27 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Nokomis, IL
Nokomis, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,280 |
Affordability — Nokomis, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.5 |
| Median Home Price | $95,000 |
| Median Household Income | $65,300 |