Gambell, AK is a small city with an estimated population of 602 people as of 2018. Despite its size, the median value of housing in Gambell is quite high when compared to the US house median value, which is $338,100. This indicates that real estate in Gambell, AK is relatively expensive. In the past year, the US house appreciation rate was 8.27%, while in Gambell it was only 1.58%. This suggests that real estate prices in Gambell may not be increasing at the same rate as in other cities around the country, but it still offers a desirable and valuable investment for those looking to purchase property there.
The median home cost in Gambell is $230,900. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Gambell is up 8.2%.
Average Age of Homes
- The median age of Gambell real estate is 40 years old
The Rental Market in Gambell
- Renters make up 17.7% of the Gambell population
- 1.5% of houses and apartments in Gambell, 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.