The housing market in Thorne Bay, AK is an attractive option for prospective buyers. The median value of homes in the area is $207,100, which is significantly lower than the US House median value of $338,100. Furthermore, the appreciation rate for houses over the past year was 10.48%, which is higher than the national average of 8.27%. Thorne Bay has plenty to offer potential buyers looking for a good deal on a house. With its lower prices and higher appreciation rates, it could be a great place to invest in real estate.
The median home cost in Thorne Bay (zip 99919) is $207,100. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Thorne Bay (zip 99919) is up 14.6%.
Average Age of Homes
- The median age of Thorne Bay (zip 99919) real estate is 26 years old
The Rental Market in Thorne Bay (zip 99919)
- Renters make up 14.7% of the Thorne Bay (zip 99919) population
- 2.1% of houses and apartments in Thorne Bay (zip 99919), 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.