The housing market in 99742 Gambell, AK is significantly lower than the US average, with the median value of a house being $298,600 compared to the US median of $338,100. The house appreciation rate in Gambell, AK was 1.58% over the last year, much lower than the 8.27% appreciation rate nationwide. Despite this lower rate of appreciation, Gambell remains an attractive place for potential homeowners who are looking for an affordable option in a beautiful location.
The median home cost in Gambell (zip 99742) is $298,600. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Gambell (zip 99742) is up 8.2%.
Average Age of Homes
- The median age of Gambell (zip 99742) real estate is 40 years old
The Rental Market in Gambell (zip 99742)
- Renters make up 17.7% of the Gambell (zip 99742) population
- 1.5% of houses and apartments in Gambell (zip 99742), 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.