The housing market in 99751 Kobuk, AK is much different than the rest of the United States. The median value of a home in 99751 Kobuk, AK is over two times lower than the US median value at just $141,300. Additionally, while the US experienced an 8.27% appreciation rate for homes within one year, the appreciation rate in this area was nearly six times less at only 1.58%. This likely indicates that there is not much volatility in the housing market in this region and it may even indicate a slight decrease in value over time.
The median home cost in Kobuk (zip 99751) is $141,300. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Kobuk (zip 99751) is up 8.2%.
Average Age of Homes
- The median age of Kobuk (zip 99751) real estate is 31 years old
The Rental Market in Kobuk (zip 99751)
- Renters make up 26.8% of the Kobuk (zip 99751) population
- 0.0% of houses and apartments in Kobuk (zip 99751), 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.