Akhiok, AK Foreclosures
How much do homes sell for in Akhiok, AK?
The average home price is currently $93,793.
What’s the average rental cost in Akhiok, AK?
The average rental price in Akhiok is $1,572.
What is the most expensive home in Akhiok?
The most expensive home sold in Akhiok had a price of $264,200.
What is currently the cheapest priced home in Akhiok, AK?
The cheapest home for sale in Akhiok is priced at $50,180.
Living in Akhiok, AK
Akiak, Alaska, is a small Native community known for its unique culture and connection with nature. Residents enjoy outdoor activities in a serene environment, with the Kuskokwim River offering summer fishing and winter sports opportunities. While amenities are limited, the strong community ties foster a welcoming atmosphere.
Current Market Conditions in Akhiok, AK
As of late 2023, the real estate market in Akiak is stable, primarily due to the area's small size and limited housing availability. The lack of commercial development keeps property values relatively low, making it an attractive option for investors looking for affordable real estate in Alaska.
The market tends to fluctuate based on seasonal demand, particularly during the summer months when fishing activity increases and more visitors come to the area. Overall, investment opportunities in Akiak exist for those interested in rural property as the local community continues to gradually grow.
Home Value Estimator For Akhiok, AK
There are currently 23 real estate properties
in Akhiok, AK,
with a median automated valuation model (AVM) price
of $83,456.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Akhiok, 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 Akhiok, AK,
is $93,793.00, with the most expensive house
in Akhiok, AK, topping out
at $264,200.00 and the cheapest home
in Akhiok, AK,
clocking in at $50,180.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Akhiok, AK!
Rent Prices
In Akhiok, AK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Akhiok, AK, is on
a rollercoaster ride. The
average rent price in Akhiok, AK,
is $1,572.00. Indeed, when looking to rent in
Akhiok, AK, you can expect to pay as little
as $1,440.00 or as much
as $1,760.00,
with the average rent median estimated to
be $1,510.00. The good news is that finding
an affordable and desirable property to rent in Akhiok, 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.
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