The housing market in 99553 Akutan, AK is significantly lower than the national median value of $338,100. The median value in Akutan stands at $118,400, which means it is about 35% cheaper than the US median. Furthermore, while the nation-wide 1 year house appreciation rate has been 8.27%, the 1 year house appreciation rate in Akutan has been 6.95%. This suggests that the housing market in Akutan is slightly slower than other parts of the US. Despite having a lower median home value and slower appreciation rate, the housing market in Akutan remains competitive because of its affordability when compared to other markets.
The median home cost in Akutan (zip 99553) is $118,400. Home appreciation the last 10 years has been 39.2%. Home Appreciation in Akutan (zip 99553) is up 8.7%.
Average Age of Homes
- The median age of Akutan (zip 99553) real estate is 29 years old
The Rental Market in Akutan (zip 99553)
- Renters make up 51.1% of the Akutan (zip 99553) population
- 4.8% of houses and apartments in Akutan (zip 99553), 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.