Tenakee Springs, AK is a small town with a population of just under 300 people. It has become an increasingly popular destination for people looking to purchase a home, due to the area's affordable housing market. The median value of homes in Tenakee Springs is $264,800, which is considerably lower than the US median house value of $338,100. In the past year alone, house appreciation in Tenakee Springs has been 10.48%, which is higher than the national average of 8.27%. With low-priced housing and strong appreciation, Tenakee Springs continues to be an attractive option for prospective homebuyers seeking a safe and pleasant community.
The median home cost in Tenakee Springs is $264,800. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Tenakee Springs is up 14.6%.
Average Age of Homes
- The median age of Tenakee Springs real estate is 35 years old
The Rental Market in Tenakee Springs
- Renters make up 3.7% of the Tenakee Springs population
- 0.0% of houses and apartments in Tenakee Springs, 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.