Ketchikan Gateway, AK County is an area with a high median housing value of $390,800. This is almost 15 percent higher than the US house median value of $338,100. While the US has experienced an annual appreciation rate of 8.27 percent in the last year, Ketchikan Gateway, AK County has seen a slightly lower rate of 6.95 percent. This suggests that Ketchikan Gateway is still an attractive market for real estate investors and those looking to purchase a home in this area of Alaska.
The median home cost in Ketchikan Gateway Borough County is $390,800. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Ketchikan Gateway Borough County is up 14.6%.
Average Age of Homes
- The median age of Ketchikan Gateway Borough County real estate is 41 years old
The Rental Market in Ketchikan Gateway Borough County
- Renters make up 37.4% of the Ketchikan Gateway Borough County population
- 2.4% of houses and apartments in Ketchikan Gateway 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.