The housing market in Chefornak, AK is quite strong, with the median value of homes at $386,200 compared to the US median of $338,100. Additionally, the one-year house appreciation rate in Chefornak was 6.95%, slightly lower than the national average of 8.27%. This suggests that homes in Chefornak are few and far between and highly sought after for buyers looking to enter the housing market. With many people moving in and out of the area, it is a great time for those who are looking to buy or sell a property.
The median home cost in Chefornak is $386,200. Home appreciation the last 10 years has been 39.2%. Home Appreciation in Chefornak is up 8.7%.
Average Age of Homes
- The median age of Chefornak real estate is 31 years old
The Rental Market in Chefornak
- Renters make up 14.8% of the Chefornak population
- 0.0% of houses and apartments in Chefornak, 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.