Is Nokomis, IL 62075 a buyer’s or seller’s market?

The Nokomis housing market right now

In the three months ending August 31, 2026, 27% of homes in Nokomis, IL 62075 sold above their list price, the typical home went under contract in 44 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold more slowly (28 days then) and the median sale price rose 35% to $107,404. Overall, Nokomis is more competitive than a year ago, so tougher for buyers.

Within Montgomery County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Nokomis ranks #412 of 464 IL ZIP codes with enough sales (score 42 out of 100).

Nearby, buyers who want less competition could look at Raymond 62560 (0% sold over asking) or Harvel 62538 (0% sold over asking), while Coffeen 62017 (100% sold over asking) and Panama 62077 (50% sold over asking) are even more competitive.