The Nokomis Community continues to be a sought-after area for homebuyers in Minneapolis, offering charming homes, a strong community atmosphere, and convenient access to parks, trails, and local amenities. Over the past 12 months, 519 homes have sold, with a total sales volume of $209,664,881. The median list price was $370,000, while the median closed sale price reached $372,000. Homes in this neighborhood are selling quickly, spending an average of just 12 days on the market, with many properties going under contract at or above the listing price.

Homes in the Nokomis Community typically feature 3 bedrooms and 2 bathrooms and were built around 1933. The average above-ground square footage is 1,251, with a total size of 1,650 square feet and a foundation size of 900 square feet. Lot sizes average 0.12 acres, and the median property taxes are $4,534. The price per square foot is $242, reflecting the strong value appreciation in this neighborhood. Many of these homes retain their original character with hardwood floors, built-in cabinetry, and cozy front porches, making them highly desirable for buyers who appreciate historic charm.

For buyers, the Nokomis housing market remains highly competitive. With homes selling in just 12 days on average, buyers must be prepared to act quickly. The price per square foot at $242 indicates strong and steady appreciation, making it a solid investment. Many of the homes in the area were built in the 1930s, providing a unique blend of historic charm and modern upgrades.

For sellers, high demand continues to drive quick sales and competitive pricing. With 519 homes sold in the past year, the Nokomis Community remains one of the most desirable areas in Minneapolis. The median sale price of $372,000 is slightly above the median list price, showing that well-priced homes attract multiple offers. With an average market time of just 12 days, sellers can expect minimal time on the market before securing a buyer.

The Nokomis Community is loved for its beautiful outdoor spaces, vibrant local businesses, and strong neighborhood feel. It is home to Lake Nokomis, a favorite destination for outdoor enthusiasts, as well as multiple parks, trails, and restaurants. The convenient location offers easy access to downtown Minneapolis while maintaining a peaceful residential atmosphere. Whether you're looking for a home with historic character, strong community ties, or proximity to nature, Nokomis is an excellent place to live.

If you’re considering buying or selling in Nokomis, now is a great time to explore your options. Contact me today for a personalized market consultation.