Craig, AK is an ideal location for those looking to invest in housing. The median value of a home in Craig is $246,200 which is significantly less than the national average of $338,100. Additionally, the 1 year house appreciation rate in Craig is 10.48% which is higher than the national average of 8.27%. This makes Craig an attractive option for those seeking to benefit from a growing housing market and purchasing a home at an affordable price.
The median home cost in Craig is $246,200. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Craig is up 14.6%.
Average Age of Homes
- The median age of Craig real estate is 34 years old
The Rental Market in Craig
- Renters make up 28.9% of the Craig population
- 1.5% of houses and apartments in Craig, 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.