The housing market in Lutak, AK is robust. The median value of a house is $451,100, which is significantly higher than the US median of $338,100. Additionally, the 1 year appreciation rate for housing in Lutak was 10.48%, which was higher than the 8.27% appreciation rate across the United States over the same period. This suggests that Lutak's real estate market has a strong demand and is likely to continue to appreciate in value over time.
The median home cost in Lutak is $451,100. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Lutak is up 14.6%.
Average Age of Homes
- The median age of Lutak real estate is 32 years old
The Rental Market in Lutak
- Renters make up 0.0% of the Lutak population
- 0.0% of houses and apartments in Lutak, 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.