The housing market in Ketchikan, AK (99901) is doing quite well compared to the national average. The median value of a home in the area is $391,900, which is 16% higher than the US median value of $338,100. Furthermore, in the past year, house appreciation in Ketchikan has been 10.48%, outpacing the national rate of 8.27%. This indicates that housing values are increasing quickly and steadily in Ketchikan making it an attractive place for potential homeowners and investors alike.
The median home cost in Ketchikan (zip 99901) is $391,900. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Ketchikan (zip 99901) is up 14.6%.
Average Age of Homes
- The median age of Ketchikan (zip 99901) real estate is 41 years old
The Rental Market in Ketchikan (zip 99901)
- Renters make up 37.4% of the Ketchikan (zip 99901) population
- 2.4% of houses and apartments in Ketchikan (zip 99901), 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.