Ridgeway, AK is a great place to invest in housing. The median value of homes in this area is $301,700, which is slightly below the US House Median Value of $338,100. Despite being lower than the national average, Ridgeway has seen an impressive rate of appreciation at 11.27%, higher than the US 1 year House Appreciation of 8.27%. This means that investing in housing in Ridgeway could be a great way to make returns on your investment.
The median home cost in Ridgeway is $301,700. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Ridgeway is up 14.0%.
Average Age of Homes
- The median age of Ridgeway real estate is 32 years old
The Rental Market in Ridgeway
- Renters make up 15.4% of the Ridgeway population
- 0.0% of houses and apartments in Ridgeway, 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.