False Pass, AK is a small town located in the Aleutian Islands of Alaska. The median value of all housing units in False Pass is $219,000, which is significantly lower than the US House Median Value of $338,100. The US 1 year house appreciation rate is 8.27%, while the 1 year appreciation rate in False Pass is 6.95%. Despite this gap in value and appreciation rates, False Pass still offers a unique living experience with its rural location and close proximity to nature.
The median home cost in False Pass is $219,000. Home appreciation the last 10 years has been 39.2%. Home Appreciation in False Pass is up 8.7%.
Average Age of Homes
- The median age of False Pass real estate is 30 years old
The Rental Market in False Pass
- Renters make up 27.9% of the False Pass population
- 2.1% of houses and apartments in False Pass, 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.