Housing in Juneau City and Borough, AK County is among the most expensive in the United States. The median value for a house in this area is $464,400, which is significantly higher than the national median of $338,100. While the appreciation rate for US housing nationwide has been 8.27% year over year, the appreciation rate for houses in Juneau City and Borough, AK County is slightly lower at 6.95%. This indicates that there may be a slower growth rate for property values here compared to elsewhere in the country. However, it also suggests that while values are still increasing, they may not be rising as quickly as other areas of the US and that prices might remain relatively stable overall.
The median home cost in Juneau City and Borough County is $464,400. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Juneau City and Borough County is up 14.6%.
Average Age of Homes
- The median age of Juneau City and Borough County real estate is 37 years old
The Rental Market in Juneau City and Borough County
- Renters make up 33.5% of the Juneau City and Borough County population
- 1.1% of houses and apartments in Juneau City and Borough County, 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.