Is Nokomis, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Nokomis has remained a Seller's Market.
Housing Prices in Nokomis, FL
How much do homes in Nokomis, FL cost?
Median Sold Price
$564,477
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Nokomis was $564,477 in April 2024, down 4.9% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $171K | $141K | -17.5% |
2 Bedrooms | $462.7K | $450K | -2.8% |
3 Bedrooms | $620K | $594.2K | -4.2% |
4 Bedrooms | $720K | $691.5K | -4.0% |
5+ Bedrooms | $975K | $975K | 0.0% |
Summary: Nokomis housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.5%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Osprey | $750K | $825K | +10.0% |
Venice | $469.1K | $472.1K | +0.6% |
Gulf Gate Estates-Osprey | $497.6K | $480K | -3.5% |
Nokomis | $593.3K | $564.4K | -4.9% |
Housing Supply in Nokomis, FL
How many homes are available in Nokomis, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
479 | 479 | 0.0% |
Summary: The Nokomis real estate market had 479 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 9 | -25.0% |
2 Bedrooms | 124 | 124 | 0.0% |
3 Bedrooms | 264 | 253 | -4.2% |
4 Bedrooms | 65 | 79 | +21.5% |
5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The Nokomis housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
77 | 95 | +23.4% |
Asking Price vs. Sold Price
68 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 95 homes were sold or pending in Nokomis in April 2024, up by 23.4% month-over-month. Of the 95 sold homes, 72% were sold under asking, 24% were sold at asking, and 4% were sold over asking.
Days on Market for Nokomis, FL
How long does it take to sell a home in Nokomis, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 62 Days | +76.5% |
Summary: Homes in Nokomis had an average of 62 days on market in Apr 2024, up by 76.5% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Summary: During April 2024, 95 homes were sold in Nokomis; 41% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.