The housing market in 99548 Chignik Lake, AK is relatively affordable compared to the national average. The median value for a house in 99548 Chignik Lake is $224,600 which is significantly lower than the US House Median Value of $338,100. In addition, the one year appreciation for houses in this area is 6.95%, slightly lower than the US 1 year House Appreciation which is 8.27%. Despite the slight difference in appreciation rates, the median house value still makes it an attractive option for those looking to buy or invest in real estate.
The median home cost in Chignik Lake (zip 99548) is $224,600. Home appreciation the last 10 years has been 39.2%. Home Appreciation in Chignik Lake (zip 99548) is up 8.7%.
Average Age of Homes
- The median age of Chignik Lake (zip 99548) real estate is 32 years old
The Rental Market in Chignik Lake (zip 99548)
- Renters make up 15.9% of the Chignik Lake (zip 99548) population
- 0.0% of houses and apartments in Chignik Lake (zip 99548), 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.