Kotlik, AK is an attractive and affordable location for potential home buyers. The median value of a house in Kotlik is $152,700 which is significantly lower than the US House Median Value of $338,100. Although the median value is much lower than the national average, the 1 year House Appreciation in Kotlik has increased by 11.27%, higher than the US 1 year House Appreciation of 8.27%. This signifies that Kotlik is a prime location for property investment due to its low cost and appreciation rate.
The median home cost in Kotlik is $152,700. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Kotlik is up 14.0%.
Average Age of Homes
- The median age of Kotlik real estate is 33 years old
The Rental Market in Kotlik
- Renters make up 21.3% of the Kotlik population
- 0.4% of houses and apartments in Kotlik, 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.