Market Overview
Home Prices in Nokomis, IL
The median home value in Nokomis, IL is $80,037 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.4% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Nokomis are priced80% below average.
Over the past five years, Nokomis home values have risen by approximately16.8%, reflecting steady appreciation in this market.
Price History
Nokomis Home Price Trend
2020
$69,923
$70K
—
2021
$68,535
$69K
-2.0%
2022
$69,311
$69K
+1.1%
2023
$76,918
$77K
+11.0%
2024
$77,206
$77K
+0.4%
2025
$77,421
$77K
+0.3%
2026
$80,037
$80K
+3.4%
City Comparison
Nokomis vs. National Median
🏠 Nokomis
$80,037
National Median
$410,000
At $80,037, homes in Nokomis cost 80% below the national median of $410,000. This makes Nokomis a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Nokomis?
20% Down Payment
$16,007
on $80,037
Monthly P&I
$417/mo
30-yr @ 6.8%
Total Monthly Est.
~$530/mo
incl. taxes & insurance
Income Needed
$21,200
gross annual (30% rule)
10% Down Option
$8,004
+ PMI applies
Loan Amount (20% dn)
$64,030
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Nokomis, IL?
The median home value in Nokomis is $80,037 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.4% year-over-year.
How much have home prices changed in Nokomis?
Over the past year, home values in Nokomis have increased by 3.4%. Over five years, prices have risen approximately 16.8%.
How much do I need to earn to buy a home in Nokomis?
To comfortably afford the median home price of $80,037 with a 20% down payment ($16,007) at today's rates (6.8%), you'd need a gross annual income of approximately $21,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Nokomis compare to the national average home price?
The national median home value is approximately $410,000. At $80,037, homes in Nokomis are 80% below the national average.