The housing market in Gateway, AK is thriving. The median value of homes in Gateway is $383,700, which is significantly higher than the US house median value of $338,100. In the past year alone, the appreciation rate for houses in Gateway has been 11.27%, which is higher than the national average of 8.27%. This shows that there is a high demand for housing in Gateway and that it has become an increasingly desirable place to live over the past year.
The median home cost in Gateway is $383,700. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Gateway is up 14.0%.
Average Age of Homes
- The median age of Gateway real estate is 25 years old
The Rental Market in Gateway
- Renters make up 16.0% of the Gateway population
- 0.1% of houses and apartments in Gateway, 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.