The housing market in St. Michael, AK is doing better than the national average. The median value of a house in St. Michael is $212,200, which is lower than the US median of $338,100. However, the one year house appreciation rate for St. Michael is 11.27%, higher than the national average of 8.27%. This suggests that home values in St. Michael are increasing more quickly than the rest of the country and could be a great investment opportunity for those looking to purchase property in this area.
The median home cost in St. Michael is $212,200. Home appreciation the last 10 years has been 60.6%. Home Appreciation in St. Michael is up 14.0%.
Average Age of Homes
- The median age of St. Michael real estate is 37 years old
The Rental Market in St. Michael
- Renters make up 43.3% of the St. Michael population
- 2.8% of houses and apartments in St. Michael, 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.