Barrow, AK Foreclosures
How much do homes sell for in Barrow, AK?
The average home price is currently $257,114.
What’s the average rental cost in Barrow, AK?
The average rental price in Barrow is $0.
What is the most expensive home in Barrow?
The most expensive home sold in Barrow had a price of $2,975,224.
What is currently the cheapest priced home in Barrow, AK?
The cheapest home for sale in Barrow is priced at $51,764.
Living in Barrow, AK
Barrow, AK, also known as Utqiaġvik, is the northernmost city in the U.S. and offers a unique lifestyle influenced by its Arctic environment. With a strong Alaskan Native culture, residents enjoy outdoor activities and community events showcasing rich traditions. While the climate can be extreme, the community is welcoming and provides a distinct living experience.
Current Market Conditions in Barrow, AK
The real estate market in Barrow has seen steady pricing in recent years, with current demand focusing on sustainable housing options that reflect the city's unique environment. Recently, there has been a push for energy-efficient homes that can withstand harsh winter conditions, aligning with community goals for sustainability.
Overall, property values in Barrow are relatively stable, and while the market sees limited listings due to its remote nature, recent trends indicate interest among first-time homebuyers looking to settle in this unique location.
Home Value Estimator For Barrow, AK
There are currently 900 real estate properties
in Barrow, AK,
with a median automated valuation model (AVM) price
of $252,358.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Barrow, 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 Barrow, AK,
is $257,114.00, with the most expensive house
in Barrow, AK, topping out
at $2,975,224.00 and the cheapest home
in Barrow, AK,
clocking in at $51,764.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Barrow, AK!
Rent Prices
In Barrow, AK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Barrow, AK, is on
a rollercoaster ride. The
average rent price in Barrow, AK,
is $0.00. Indeed, when looking to rent in
Barrow, AK, you can expect to pay as little
as $0.00 or as much
as $0.00,
with the average rent median estimated to
be $0.00. The good news is that finding
an affordable and desirable property to rent in Barrow, 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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