The housing market in Stony River, AK is quite expensive, with a median value of $583,300. This is significantly higher than the national median house value of $338,100 and shows how desirable living in Stony River can be. Despite this high cost of living, the appreciation rate for houses over the past year was 6.95%, which is slightly lower than the 8.27% appreciation rate seen across the United States during that same period. While it may not have kept pace with the nation as a whole, it still represents an increase in valuations that homeowners should appreciate.
The median home cost in Stony River is $583,300. Home appreciation the last 10 years has been 39.2%. Home Appreciation in Stony River is up 8.7%.
Average Age of Homes
- The median age of Stony River real estate is 25 years old
The Rental Market in Stony River
- Renters make up 41.7% of the Stony River population
- 0.0% of houses and apartments in Stony River, 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.