Petersburg, AK County has a median housing value of $347,375, which is higher than the US House Median Value of $338,100. The US 1 year House Appreciation rate was 8.27%, while the 1 year appreciation rate in Petersburg, AK County was an impressive 10.48%. This indicates that the housing market in this area is strong and growing more quickly than the national average. With its stable economy and attractive location on Alaska’s Inside Passage, Petersburg makes for an ideal place to live – and invest in – real estate.
The median home cost in Petersburg Borough County is $347,375. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Petersburg Borough County is up 14.6%.
Average Age of Homes
- The median age of Petersburg Borough County real estate is 41 years old
The Rental Market in Petersburg Borough County
- Renters make up 25.9% of the Petersburg Borough County population
- 3.8% of houses and apartments in Petersburg 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.