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Affordable
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These days, finding an affordable place to live in the Nokomis area can be challenging. Home prices in Nokomis are now at a median cost of $177,982, lower than the Alabama average of $228,911.
The average cost of rent is $935/mo in Nokomis, primarily driven by the current value of real estate in the Nokomis area. In Nokomis, 23.35% of households rent, and 63.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nokomis is $5,568 per month. Households that rent pay about 16.79% of their income on rent here. Nokomis’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Perdido, AL: higher priced homes
- Dyas, AL: higher priced homes
- Walnut Hill, FL: less expensive homes
- Freemanville, AL: less expensive homes
- Phillipsville, AL: higher priced homes
- Atmore, AL: less expensive homes
- Rabun, AL: equally priced homes
- Bratt, FL: higher priced homes
- Martinville, AL: less expensive homes
- McDavid, FL: higher priced homes
Cities with Similar Populations
- Parkway, MO: equally priced homes
- Quiet Dell, WV: higher priced homes
- Procious, WV: equally priced homes
- Portage Des Sioux, MO: higher priced homes
- Pilgrim, KY: less expensive homes
- Pierce, OK: less expensive homes
- Pickett, TX: equally priced homes
- Persimmon, GA: higher priced homes
- Peoria, IA: higher priced homes
- Pennhall, PA: higher priced homes
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