Kodiak, AK is known for its high housing median value, which currently stands at $408,600. This is significantly higher than the US median house value of $338,100 and reflects the high demand for homes in the area. Moreover, research shows that over a one year period, Kodiak experienced an 11.27% appreciation rate in house values compared to 8.27% nationally - making it a desirable area for property investors and homeowners alike. The combination of prestigious housing values and consistent rate of increase makes Kodiak an attractive place to live.
The median home cost in Kodiak is $408,600. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Kodiak is up 14.0%.
Average Age of Homes
- The median age of Kodiak real estate is 44 years old
The Rental Market in Kodiak
- Renters make up 42.3% of the Kodiak population
- 4.9% of houses and apartments in Kodiak, 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.