Kotzebue, AK is an area where the housing median value is significantly lower than the US house median value. The current US 1 year house appreciation rate is 8.27%, while Kotzebue's 1 year appreciation rate is only 1.58%. This means that the housing values in Kotzebue are not appreciating as quickly as elsewhere in the country. Nevertheless, it remains a desirable living area for many, with its unique cultural attractions and scenic landscape drawing in potential homebuyers.
The median home cost in Kotzebue is $284,100. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Kotzebue is up 8.2%.
Average Age of Homes
- The median age of Kotzebue real estate is 34 years old
The Rental Market in Kotzebue
- Renters make up 44.6% of the Kotzebue population
- 1.0% of houses and apartments in Kotzebue, 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.