Gustavus, AK is a small community located in the southeast part of Alaska. Its housing market is thriving and has seen positive growth over the past year. The median housing value for the area is $293,600, which is lower than the national median of $338,100. Despite this gap in median values, Gustavus has experienced a greater rate of appreciation year-over-year at 10.48%, compared to 8.27% nationally. This indicates that real estate in Gustavus remains highly desirable and continues to be a great investment opportunity for those looking to move to the area.
The median home cost in Gustavus is $293,600. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Gustavus is up 14.6%.
Average Age of Homes
- The median age of Gustavus real estate is 24 years old
The Rental Market in Gustavus
- Renters make up 18.0% of the Gustavus population
- 0.8% of houses and apartments in Gustavus, 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.