Savoonga, AK is a small fishing town located in the Alaskan tundra. The median value of homes in the area is much lower than the national average, at $127,900 compared to the US House Median Value of $338,100. In the past year, house appreciation has been relatively low in Savoonga at 1.58%, compared to the US 1 year House Appreciation rate of 8.27%. Despite this low rate of appreciation, Savoonga remains a desirable place to live for its natural beauty and friendly atmosphere.
The median home cost in Savoonga is $127,900. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Savoonga is up 8.2%.
Average Age of Homes
- The median age of Savoonga real estate is 39 years old
The Rental Market in Savoonga
- Renters make up 17.5% of the Savoonga population
- 0.0% of houses and apartments in Savoonga, 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.