Adak, Alaska offers a much more affordable housing market than the US average. The median value of a home in Adak is only $68,300 compared to the US average of $338,100. Even with a lower value, the house appreciation rate in Adak is still strong at 6.95%, slightly lower than the national US appreciation rate of 8.27%. This shows that Adak has experienced significant growth in its housing market despite its remote location and smaller population size.
The median home cost in Adak is $68,300. Home appreciation the last 10 years has been 39.2%. Home Appreciation in Adak is up 8.7%.
Average Age of Homes
- The median age of Adak real estate is 37 years old
The Rental Market in Adak
- Renters make up 2.1% of the Adak population
- 0.0% of houses and apartments in Adak, 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.