The housing market in Toksook Bay, AK is thriving. The median value of a house in the area is $374,600 which is well above the US median of $338,100. This reflects the strong house appreciation seen in the area over the past year as it has increased by 11.27%, much higher than the 8.27% appreciation rate for the US overall. Prospective home buyers and investors should consider this area carefully due to its high demand and promising returns on investment.
The median home cost in Toksook Bay is $374,600. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Toksook Bay is up 14.0%.
Average Age of Homes
- The median age of Toksook Bay real estate is 39 years old
The Rental Market in Toksook Bay
- Renters make up 22.1% of the Toksook Bay population
- 3.2% of houses and apartments in Toksook Bay, 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.