The town of Point Hope, AK is located on the coast of the Chukchi Sea and has a population of 745 people. The median housing value in this area is $147,100, considerably lower than the US median housing value of $338,100. In addition, the appreciation rate for houses in Point Hope over the past year was just 1.58%, much less than the US average appreciation rate of 8.27%. Despite its remote location and small population size, Point Hope offers potential homeowners relatively affordable housing prices and low appreciation rates that remain steady over time.
The median home cost in Point Hope (zip 99766) is $147,100. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Point Hope (zip 99766) is up 8.2%.
Average Age of Homes
- The median age of Point Hope (zip 99766) real estate is 38 years old
The Rental Market in Point Hope (zip 99766)
- Renters make up 31.8% of the Point Hope (zip 99766) population
- 2.2% of houses and apartments in Point Hope (zip 99766), 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.