The housing market in Metlakatla, AK is very strong. The median value of housing in the area is $169,600 which is significantly lower than the US median value of $338,100. However, what makes it an attractive option for those looking to purchase a home is that the 1-year appreciation rate for homes in Metlakatla has been 10.48% compared to the US average of 8.27%. This means that homeowners can expect their house to appreciate faster than those located elsewhere in the country. With its affordable housing and higher rate of appreciation, Metlakatla makes a great place to invest in real estate and purchase a home.
The median home cost in Metlakatla is $169,600. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Metlakatla is up 14.6%.
Average Age of Homes
- The median age of Metlakatla real estate is 35 years old
The Rental Market in Metlakatla
- Renters make up 29.4% of the Metlakatla population
- 1.6% of houses and apartments in Metlakatla, 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.