The housing market in Tanacross, AK is currently quite healthy, with the median value of homes being $359,500. This is slightly higher than the national median of $338,100. While home appreciation nationwide has grown at an impressive rate of 8.27% over the last year, Tanacross has seen a more modest 1.58% increase in housing prices. This slower rate of growth can be attributed to the smaller population size and limited job availability in this remote Alaskan town. Despite this lower rate of growth, it is clear that there are still plenty of people interested in buying homes in Tanacross due to its attractive price point and unique location.
The median home cost in Tanacross is $359,500. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Tanacross is up 8.2%.
Average Age of Homes
- The median age of Tanacross real estate is 36 years old
The Rental Market in Tanacross
- Renters make up 16.9% of the Tanacross population
- 0.0% of houses and apartments in Tanacross, 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.