Housing in Lazy Mountain, AK is very valuable compared to the US median value. The median value of $299,900 is significantly lower than the nationwide average of $338,100. However, despite the lower median value prices, residents of Lazy Mountain are experiencing a higher rate of appreciation as home values have increased by 11.27% over the last year - higher than the national rate of 8.27%. This indicates that housing in Lazy Mountain is increasing in popularity and those who invest here can expect to see good returns on their investment in the future.
The median home cost in Lazy Mountain is $299,900. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Lazy Mountain is up 14.0%.
Average Age of Homes
- The median age of Lazy Mountain real estate is 26 years old
The Rental Market in Lazy Mountain
- Renters make up 15.8% of the Lazy Mountain population
- 1.8% of houses and apartments in Lazy Mountain, 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.