Kodiak, AK Foreclosures
How much do homes sell for in Kodiak, AK?
The average home price is currently $441,132.
In Kodiak, AK, how many homes are available?
There are currently 5 active home listings available in Kodiak.
What’s the average rental cost in Kodiak, AK?
The average rental price in Kodiak is $1,824.
What is the most expensive home in Kodiak?
The most expensive home sold in Kodiak had a price of $2,717,215.
What is currently the cheapest priced home in Kodiak, AK?
The cheapest home for sale in Kodiak is priced at $30,395.
Living in Kodiak, AK
Kodiak, AK, is a picturesque island community known for its outdoor recreational opportunities and rich cultural heritage. Nestled amidst stunning natural landscapes, Kodiak offers a unique blend of history and modern living, making it a desirable location for families and outdoor adventurers alike. With a strong sense of community and various educational options, this vibrant town is an excellent place to call home.
Current Market Conditions in Kodiak, AK
The Kodiak real estate market remains steady, characterized by a mix of single-family homes and townhouses. Demand for properties has been stable, with many buyers drawn to the island's picturesque settings and recreational amenities. Although home prices have fluctuated somewhat due to seasonal tourism, Kodiak's market presents opportunities for both buyers and investors looking for rental properties, especially in the vacation rental segment.
In the past year, the Kodiak housing market has seen modest growth. The influx of individuals relocating for work, driven by local fishing and military opportunities, has contributed to a sustained demand for housing. The supply-demand balance aligns closely with a growing interest in both short-term and long-term rental markets, which is positive for investors.
Home Value Estimator For Kodiak, AK
There are currently 3,219 real estate properties
in Kodiak, AK,
with a median automated valuation model (AVM) price
of $471,441.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Kodiak, AK, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Kodiak, AK,
is $441,132.00, with the most expensive house
in Kodiak, AK, topping out
at $2,717,215.00 and the cheapest home
in Kodiak, AK,
clocking in at $30,395.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Kodiak, AK!
Rent Prices
In Kodiak, AK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Kodiak, AK, is on
a rollercoaster ride. The
average rent price in Kodiak, AK,
is $1,824.00. Indeed, when looking to rent in
Kodiak, AK, you can expect to pay as little
as $1,110.00 or as much
as $3,520.00,
with the average rent median estimated to
be $1,780.00. The good news is that finding
an affordable and desirable property to rent in Kodiak, AK
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
