The housing market in Funny River, AK is showing strong appreciation compared to the US average. The median value of a house in Funny River is $201,600, which is significantly lower than the national median value of $338,100. However, over the past year Funny River has seen a 11.27% increase in house values compared to 8.27% nationally. This indicates that Funny River has an active housing market with potential for strong investment returns.
The median home cost in Funny River is $201,600. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Funny River is up 14.0%.
Average Age of Homes
- The median age of Funny River real estate is 22 years old
The Rental Market in Funny River
- Renters make up 6.5% of the Funny River population
- 2.9% of houses and apartments in Funny River, 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.