Sterling, AK is an excellent place to invest in real estate. The median value of housing in Sterling is $344,200, which is slightly higher than the US House median value of $338,100. In addition to having a higher median value than the average across the United States, Sterling has also experienced a greater appreciation rate over the past year with 11.27%, compared to 8.27% nationally. This makes Sterling an attractive option for those looking to invest in real estate and benefit from potential appreciation over time.
The median home cost in Sterling is $344,200. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Sterling is up 14.0%.
Average Age of Homes
- The median age of Sterling real estate is 25 years old
The Rental Market in Sterling
- Renters make up 9.9% of the Sterling population
- 0.2% of houses and apartments in Sterling, 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.