Is Nokomis, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nokomis is a buyer's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Nokomis was a Seller's Market.

Key Takeaway

Nokomis is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Nokomis, FL cost?

Median Sold Price

$560,225

$303/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$123,693(+28.3%)

Key Takeaway

Homes in Nokomis have sold for 28.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $140K$405K
+189.3%
2 $290K$406K
+40.0%
3 $445.3K$599K
+34.5%
4 $632.5K$775K
+22.5%
5+ $1.7M$1.3M
-23.5%

Median Sold Price Compared To Nearby Cities

Nokomis
+28.3%
Osprey
+26.5%
Venice
+23.1%
Gulf Gate Estates-Osprey
+17.8%

How many homes are available in Nokomis, FL?

Number of Homes For Sale

Aug 2022Sep 2022%
153143-6.5%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 11
0.0%
2 3430
-11.8%
3 9180
-12.1%
4 2021
+5.0%
5+ 711
+57.1%

Number of Homes Sold

Aug 2022Sep 2022%
2319-17.4%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nokomis, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
11 Days29 Days+157.3%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Nokomis are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Nokomis, FL

Nokomis, FL has 143 homes on the market. The number of listings in Nokomis, FL decreased by 6.5% between August 2022 and September 2022. In September 2022 median list price was $560,225 and the average listing age was 29 days. This housing market listing prices have changed between August 2022 and September 2022: prices of 1 bedroom properties went up by 189.3%, 2 bedrooms properties became 40% more expensive, the cost of 3 bedrooms properties went up by 34.5%, the cost of 4 bedrooms properties went up by 22.5%, prices of 5 bedrooms properties decreased by 23.5%. This housing market inventory have changed: 1 bedroom homes did not move, 2 bedrooms homes inventory decreased by 11.8%, the quantity of 3 bedrooms homes went down by 12.1%, 4 bedrooms homes inventory increased by 5%, volume of 5 bedrooms homes went up by 57.1%. In September 2022, from all listings sold in Nokomis, FL there were more than 3 sold above asking price, over 11 sold below and more than 5 were sold right at the asked price.

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