The housing market in Wrangell City and Borough, AK County is quite robust. The median value of houses in the area is $356,625, which is slightly higher than the US House Median Value of $338,100. This indicates that housing prices in the area have risen significantly over the past year; house appreciation was 11.27%, higher than the national average of 8.27%. This makes Wrangell City and Borough a great place to invest in real estate.
The median home cost in Wrangell City and Borough County is $356,625. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Wrangell City and Borough County is up 14.6%.
Average Age of Homes
- The median age of Wrangell City and Borough County real estate is 40 years old
The Rental Market in Wrangell City and Borough County
- Renters make up 21.5% of the Wrangell City and Borough County population
- 2.8% of houses and apartments in Wrangell 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.