Point Hope, AK has a relatively low median home value of $145,900 compared to the US median of $338,100. Despite this disparity, Point Hope has seen some house appreciation in the past year at 1.58%, which is lower than the national average of 8.27%. This suggests that housing prices may continue to rise in Point Hope, although not as quickly as other cities across the country.
The median home cost in Point Hope is $145,900. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Point Hope is up 8.2%.
Average Age of Homes
- The median age of Point Hope real estate is 38 years old
The Rental Market in Point Hope
- Renters make up 32.5% of the Point Hope population
- 2.2% of houses and apartments in Point Hope, 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.