Hoonah, AK is an area that is known for its high housing values. The median value of a home in Hoonah is $248,900, which is significantly lower than the US median house value of $338,100. Despite the lower median value, Hoonah has seen higher appreciation rates than the national average over the past year. Specifically, average house appreciation in Hoonah was 10.48%, compared to 8.27% for the US as a whole. This points to robust growth in housing prices in Hoonah over the last year and it looks like this trend may continue into the future.
The median home cost in Hoonah is $248,900. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Hoonah is up 14.6%.
Average Age of Homes
- The median age of Hoonah real estate is 37 years old
The Rental Market in Hoonah
- Renters make up 36.7% of the Hoonah population
- 2.4% of houses and apartments in Hoonah, 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.