Housing in Skagway, AK is quite expensive, with the median value at $413,600. This is much higher than the US median house value of $338,100. Additionally, the appreciation rate for housing in Skagway has been higher than that of the national average, with an increase of 10.48% over the last year compared to 8.27% nationally. Clearly, investing in housing in Skagway is a lucrative option and many are taking advantage of it.
The median home cost in Skagway is $413,600. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Skagway is up 14.6%.
Average Age of Homes
- The median age of Skagway real estate is 41 years old
The Rental Market in Skagway
- Renters make up 26.3% of the Skagway population
- 2.3% of houses and apartments in Skagway, 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.