Knik River, AK is a popular place to live due to its affordable housing median value of $253,700. This amount is significantly lower than the US House Median Value of $338,100. Furthermore, over the past year Knik River has seen an 11.27% appreciation in housing value compared to US 1 Year House Appreciation of 8.27%. With such a strong and steady appreciation rate in housing values, it is no wonder that Knik River is becoming increasingly desirable place to reside.
The median home cost in Knik River is $253,700. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Knik River is up 14.0%.
Average Age of Homes
- The median age of Knik River real estate is 28 years old
The Rental Market in Knik River
- Renters make up 17.5% of the Knik River population
- 0.0% of houses and apartments in Knik River, 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.