Housing in Alaska State is generally expensive, with the median value of houses at $336,100. This is slightly lower than the US median house value of $338,100. The US housing market experienced a year over year appreciation rate of 8.27%, while homes in Alaska saw a slower appreciation rate of 5.65%. Despite this slower growth rate, living in Alaska remains an attractive option for people looking to purchase a home near natural beauty and outdoor activities.
The median home cost in Alaska is $336,100. Home appreciation the last 10 years has been 47.8%. Home Appreciation in Alaska is up 11.1%.
Average Age of Homes
- The median age of Alaska real estate is 33 years old
The Rental Market in Alaska
- Renters make up 30.0% of the Alaska population
- 2.4% of houses and apartments in Alaska, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.