Ninilchik, AK has a housing median value of $230,000, which is significantly lower than the national median value of $338,100. The appreciation rate of homes in Ninilchik has been rising faster than the nation average, with a 1 year appreciation rate of 10.70%, compared to 8.27% for the US. This demonstrates that Ninilchik is becoming an increasingly desirable place to live and invest in, as home values continue to appreciate at a notably fast rate.
The median home cost in Ninilchik is $230,000. Home appreciation the last 10 years has been 57.8%. Home Appreciation in Ninilchik is up 13.3%.
Average Age of Homes
- The median age of Ninilchik real estate is 23 years old
The Rental Market in Ninilchik
- Renters make up 10.4% of the Ninilchik population
- 0.7% of houses and apartments in Ninilchik, 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.