The housing market in North Slope, AK County is slightly below the US median value with a median value of $290,750. Although the appreciation rate of housing in North Slope is only 1.58%, lower than the US average of 8.27%, it still remains one of the most desirable locations for those looking to purchase property in Alaska. For those looking for a long-term investment, this area may not be ideal as the appreciation rate is relatively low, however, for those looking to buy in an already established area that has been around for decades, this may be a great option.
The median home cost in North Slope Borough County is $290,750. Home appreciation the last 10 years has been 43.3%. Home Appreciation in North Slope Borough County is up 8.2%.
Average Age of Homes
- The median age of North Slope Borough County real estate is 33 years old
The Rental Market in North Slope Borough County
- Renters make up 40.0% of the North Slope Borough County population
- 2.2% of houses and apartments in North Slope 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.