Newhalen, AK is a small town in the United States with a median housing value of $143,000. This is significantly lower than the US House median of $338,100. However, the 1 year appreciation rate of 11.27% outstrips the national average of 8.27%, making Newhalen an attractive option for homeowners looking to increase their equity quickly. The low initial housing cost combined with high appreciation rates make Newhalen an ideal choice for both first-time and experienced home buyers alike.
The median home cost in Newhalen is $143,000. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Newhalen is up 14.0%.
Average Age of Homes
- The median age of Newhalen real estate is 35 years old
The Rental Market in Newhalen
- Renters make up 25.0% of the Newhalen population
- 7.7% of houses and apartments in Newhalen, 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.