Housing in Chena Ridge, AK is highly valued with the median value being $344,800 which is above the national average of $338,100. Although the US house appreciation in the past year has been 8.27%, the appreciation for housing in Chena Ridge, AK has been lower at 1.58%. Despite this low appreciation however, housing in Chena Ridge remains a desirable commodity for many individuals and families alike due to its higher than average value.
The median home cost in Chena Ridge is $344,800. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Chena Ridge is up 8.2%.
Average Age of Homes
- The median age of Chena Ridge real estate is 24 years old
The Rental Market in Chena Ridge
- Renters make up 23.3% of the Chena Ridge population
- 0.0% of houses and apartments in Chena Ridge, 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.