The housing market in Nelson Lagoon, AK is quite strong. The median value of a home in Nelson Lagoon is $137,100, which is far lower than the US median value of $338,100. Despite this, homes in Nelson Lagoon appreciate at a rate comparable to the national average. Over the last year, housing appreciation in the area was 6.95%, while the national rate was 8.27%. This indicates that the area is still seeing strong growth and investment despite having more affordable housing.
The median home cost in Nelson Lagoon is $137,100. Home appreciation the last 10 years has been 39.2%. Home Appreciation in Nelson Lagoon is up 8.7%.
Average Age of Homes
- The median age of Nelson Lagoon real estate is 38 years old
The Rental Market in Nelson Lagoon
- Renters make up 2.9% of the Nelson Lagoon population
- 0.0% of houses and apartments in Nelson Lagoon, 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.