Chignik, AK is a small city located on the Alaska Peninsula in the Gulf of Alaska. The housing market is very strong in Chignik, with a median value of $273,800 - significantly lower than the US median of $338,100. In terms of house appreciation over the past year, Chignik has seen an increase of 6.95%, which is slightly lower than the US average of 8.27%. Despite this, the housing market in Chignik is stable and continues to be an attractive option for those looking for an affordable place to live in Alaska.
The median home cost in Chignik is $273,800. Home appreciation the last 10 years has been 39.2%. Home Appreciation in Chignik is up 8.7%.
Average Age of Homes
- The median age of Chignik real estate is 35 years old
The Rental Market in Chignik
- Renters make up 15.7% of the Chignik population
- 4.8% of houses and apartments in Chignik, 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.