Nokomis, Minneapolis, MN
Nokomis — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Nokomis, Minneapolis, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Nokomis Neighborhood Overview
Nokomis is a beloved residential neighborhood in South Minneapolis, centered around its namesake lake. The community is known for its strong sense of place, active neighborhood association, and beautiful, tree-lined streets. It offers a balanced lifestyle with easy access to urban amenities and natural retreats.
Lifestyle & Amenities
The crown jewel of the neighborhood is Lake Nokomis, providing year-round recreation including swimming, biking, fishing, and cross-country skiing. The area features local favorites like the Sandcastle restaurant on the lake and the Nokomis Beach Coffee & Cafe, alongside essential shopping along Cedar Avenue. Community events like the annual Nokomis Farmers' Market and the Twin Cities Marathon route foster a vibrant local atmosphere.
Real Estate Market
The Nokomis housing market consists primarily of well-maintained single-family homes, many built in the early to mid-20th century, along with a mix of duplexes and apartments. According to U.S. Census data, the median home value in the area is approximately $349,200. This reflects the neighborhood's enduring popularity due to its amenities and location.
Schools & Education
Families in Nokomis are served by Minneapolis Public Schools, with several elementary and middle school options located within or near the neighborhood boundaries. The community is actively engaged in its local schools, which feed into Washburn High School. Various private and charter school alternatives are also accessible throughout South Minneapolis.
Transportation & Connectivity
Nokomis is conveniently located with quick access to major thoroughfares like Cedar Avenue, Minnehaha Parkway, and Highway 62, providing straightforward commutes to downtown Minneapolis, the airport, and the Mall of America. Metro Transit bus lines serve the area, and the neighborhood's bike-friendly streets and proximity to the Grand Rounds Scenic Byway make cycling a popular option.
Why Choose Nokomis
Residents choose Nokomis for its perfect blend of outdoor recreation, community spirit, and urban convenience, all within a stable and attractive residential setting. With a median household income of about $117,475, the neighborhood supports a robust local economy and well-maintained properties. It remains a top choice for those seeking a classic Minneapolis lifestyle centered around one of the city's most active lakes.
Nokomis Market Data
| Metric | Value |
|---|---|
| Median Home Price | $349K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $117K |
| Homeownership Rate | 80.3% |
| Renter-Occupied | 19.7% |
| Rental Vacancy Rate | 2.7% |
| Market Type | Seller's |
| Market Tier | Mid-Range |
| Primary ZIP Code | 55417 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 148,162 |
| VA Loan Originations | 5,773 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $316K |
| Conventional Loan Originations | 131,728 |
| FHA Loan Originations | 10,661 |
Top Real Estate Agents in Nokomis, Minneapolis
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Nokomis, Minneapolis, MN. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Minnesota Department of Commerce — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12