The housing market in Scammon Bay, AK is a great investment opportunity. The median house value currently sits at $141,300 and the US House Median Value is much higher at $338,100. Furthermore, the US house appreciation rate over the last year is 8.27%, whereas the house appreciation rate in Scammon Bay, AK is 11.27%. This shows that there has been greater growth in housing values in Scammon Bay than the national average, making it an attractive investment for buyers looking to enter into or expand their real estate portfolio.
The median home cost in Scammon Bay is $141,300. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Scammon Bay is up 14.0%.
Average Age of Homes
- The median age of Scammon Bay real estate is 35 years old
The Rental Market in Scammon Bay
- Renters make up 23.6% of the Scammon Bay population
- 0.8% of houses and apartments in Scammon Bay, 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.