The housing market in Glennallen, AK has a median value of $231,500 which is significantly lower than the US House Median Value of $338,100. This may be due to the smaller population size and remote location of Glennallen. Despite this, the city still saw an increase in house prices over the past year with a 6.95% appreciation rate compared to the US 1 year House Appreciation rate of 8.27%. This indicates that buying a house in Glennallen is still a good investment and could bring returns over time.
The median home cost in Glennallen is $231,500. Home appreciation the last 10 years has been 39.2%. Home Appreciation in Glennallen is up 8.7%.
Average Age of Homes
- The median age of Glennallen real estate is 35 years old
The Rental Market in Glennallen
- Renters make up 10.5% of the Glennallen population
- 5.1% of houses and apartments in Glennallen, 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.