Shungnak, AK is a small town located in Alaska. The median value of houses in this town is significantly lower than the US median, at $203,100 compared to $338,100. However, despite the difference in house prices, Shungnak's house appreciation rate was still relatively low at 1.58% over a one year period, compared to 8.27% for the US as a whole. Despite its low prices and appreciation rates, Shungnak remains an attractive location for those looking to get into housing markets with more affordable options.
The median home cost in Shungnak is $203,100. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Shungnak is up 8.2%.
Average Age of Homes
- The median age of Shungnak real estate is 36 years old
The Rental Market in Shungnak
- Renters make up 25.6% of the Shungnak population
- 0.0% of houses and apartments in Shungnak, 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.