What is the median home price in Nokomis, Minneapolis?

The median home price in Nokomis is $369,500, down 1% year-over-year. Homes sell in a median of 26.5 days. The sale-to-list ratio is 99.89%.

How much does it cost to sell a home in Nokomis?

On a $369,500 home in Nokomis, a traditional agent charges around 3% — about $11,085. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $7,586 while getting MLS listing and expert support.

How long does it take to sell a home in Nokomis?

The median home in Nokomis spends 26.5 days on market. 34.48% of listings go pending within two weeks. 97 homes sold recently in this neighborhood.

Is Nokomis a good neighborhood to sell in right now?

Nokomis had 97 homes sell recently at a median of $369,500. Sellers are getting 99.89% of their asking price. 39.18% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Minnesota/Minneapolis

Nokomis · Minneapolis, MN

Is Now a Good Time to Sell in Nokomis, Minneapolis?

The median home in Nokomis sells for $369,500 with prices down 1% year-over-year. Ridley's flat fee saves you $7,586.

Nokomis Real Estate Market Conditions

68out of 100

Ridley Sell Score

How it's scored →

Moderate

68/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Nokomis market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Minnesota average is 2.9.

Price MomentumFavors buyers

Prices down 1.466666667% year-over-year — vs. -0.8% statewide.

Seller LeverageFavors sellers

Homes selling at 99.89% of asking — buyers are negotiating 0.1% below list. Minnesota average is 98.4%.

Bidding ActivityFavors sellers

39.18% of homes selling above list price — 70% above the Minnesota average of 23.1%.

Sale SpeedFavors sellers

26.5 median days on market — 31 days faster than the Minnesota average.

Market UrgencyNeutral

34.48% of listings go pending within 2 weeks — vs. 33.1% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Minnesota average is 27.3%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$369,500

-1%

Days on Market

26.5

Price per Sq Ft

$242

Sale-to-List Ratio

99.89%

Homes Sold

Sold Above List

39.18%

Pending in 2 Weeks

34.48%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Minneapolis — delivered monthly.

Your savings

How much can you save selling in Nokomis?

$0Estimated savings

That's 6 months of groceries — save 2.1% of your home value

Your Nokomis home value

$369,500

$50,000$10M

Traditional Agent (3%)

$11,085

Ridley Pro (flat fee)

$3,499

Ready to sell in Nokomis?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Nokomis

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$11,085	$3,499	$999
Buyer agent	$10,3462.8% avg	$7,390~2% avg	$7,390~2% avg
Closing costs (~1.5%)	$5,543	$5,543	$5,543
Total cost	$26,974	$16,432	$13,932
You save	—	$7,586	$10,086

Based on the Nokomis median home price of $369,500. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Nokomis

A flat fee of $3,499 instead of the typical $11,085 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Nokomis market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Nokomis buyers look — plus a custom Ridley listing page with AI chat.

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

Close and keep $7,586 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

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FAQ

Common questions about selling in Nokomis

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