Big Lake, AK is a great place to invest in real estate due to its high median housing value. The median housing value in Big Lake is currently $167,100 and significantly lower than the US House Median Value of $338,100. In the past year, the US house appreciation rate was 8.27%, while in Big Lake it was 11.27%, making this an even more attractive place for potential real estate investors. With such high appreciation rates and a low cost of living, Big Lake is a wonderful place to make a big investment with potentially lucrative returns.
The median home cost in Big Lake is $167,100. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Big Lake is up 14.0%.
Average Age of Homes
- The median age of Big Lake real estate is 29 years old
The Rental Market in Big Lake
- Renters make up 9.5% of the Big Lake population
- 1.2% of houses and apartments in Big Lake, 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.