The housing market in Chevak, AK has seen a steady appreciation rate over the past year, with an estimated 6.95% increase in median value. This is slightly lower than the US average of 8.27%, perhaps indicating that the overall growth in house values is slower compared to other parts of the country. The median value for a house in Chevak is currently at $200,500, significantly lower than the US average of $338,100. These figures suggest that property owners and potential buyers in Chevak have more options when it comes to purchasing homes and investments compared to other areas.
The median home cost in Chevak is $200,500. Home appreciation the last 10 years has been 39.2%. Home Appreciation in Chevak is up 8.7%.
Average Age of Homes
- The median age of Chevak real estate is 34 years old
The Rental Market in Chevak
- Renters make up 22.4% of the Chevak population
- 0.0% of houses and apartments in Chevak, 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.