Larsen Bay, AK is a city that has seen significant growth in its housing market. The median value of homes in Larsen Bay is currently $120,400, which is significantly lower than the US House Median Value of $338,100. However, the one year house appreciation for Larsen Bay has been 11.27%, which is higher than the national average of 8.27%. This indicates that Larsen Bay is seeing a healthy, strong housing market with increasing home values and potential for continued growth over time.
The median home cost in Larsen Bay is $120,400. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Larsen Bay is up 14.0%.
Average Age of Homes
- The median age of Larsen Bay real estate is 40 years old
The Rental Market in Larsen Bay
- Renters make up 7.6% of the Larsen Bay population
- 0.0% of houses and apartments in Larsen Bay, 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.