Nanwalek, AK is a small community located on the southern shore of Alaska’s Cook Inlet. The housing market in Nanwalek has been growing steadily over the past year with median value increasing by 11.27%. This is higher than the national average of 8.27% and puts the median value in Nanwalek at $112,700 - significantly lower than the US median value of $338,100. Despite this difference, Nanwalek is an attractive place to buy property due to its picturesque location and relatively low cost of living.
The median home cost in Nanwalek is $112,700. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Nanwalek is up 14.0%.
Average Age of Homes
- The median age of Nanwalek real estate is 27 years old
The Rental Market in Nanwalek
- Renters make up 54.8% of the Nanwalek population
- 1.5% of houses and apartments in Nanwalek, 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.