Sitka, AK is a beautiful and unique city with a strong appreciation for its surroundings. The median value of homes in Sitka stands at $438,400, significantly higher than the US House Median Value of $338,100. In the past year, the US House Appreciation rate was 8.27%, and House 1 year appreciation rate in Sitka was even higher at 10.47%. This speaks to the growing importance of Sitka as a place to invest and live in - the housing market is quite healthy and there are no signs of it slowing down.
The median home cost in Sitka is $438,400. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Sitka is up 14.6%.
Average Age of Homes
- The median age of Sitka real estate is 37 years old
The Rental Market in Sitka
- Renters make up 36.2% of the Sitka population
- 1.8% of houses and apartments in Sitka, 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.