The housing market in Farmers Loop, AK is relatively stable with a median value of $324,300. This is slightly lower than the US median value of $338,100. While the US house appreciation rate over one year was 8.27%, Farmers Loop had a slightly lower appreciation rate of 1.58%. This suggests that while the overall US housing market is growing, there may be less growth in Farmers Loop at this time.
The median home cost in Farmers Loop is $324,300. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Farmers Loop is up 8.2%.
Average Age of Homes
- The median age of Farmers Loop real estate is 29 years old
The Rental Market in Farmers Loop
- Renters make up 24.5% of the Farmers Loop population
- 8.4% of houses and apartments in Farmers Loop, 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.