The housing market in 99757 Lake Minchumina, AK is significantly lower than the US median value of $338,100. In Lake Minchumina, the median value of a home is $176,300. While the US saw an appreciation rate of 8.27% over the last year, Lake Minchumina had an appreciation rate of only 1.58%. This shows that the real estate market in this area is not as competitive as other locations around the country. However, it could still be a good place to invest if you're looking for more affordable housing options.
The median home cost in Lake Minchumina (zip 99757) is $176,300. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Lake Minchumina (zip 99757) is up 8.2%.
Average Age of Homes
- The median age of Lake Minchumina (zip 99757) real estate is 34 years old
The Rental Market in Lake Minchumina (zip 99757)
- Renters make up 9.3% of the Lake Minchumina (zip 99757) population
- 3.2% of houses and apartments in Lake Minchumina (zip 99757), 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.