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Preforeclosure Homes in Ketchikan, AK

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Living in Ketchikan, AK

Ketchikan, AK, is a charming coastal city rich in culture and natural beauty. With its title as the 'Salmon Capital of the World,' the area is a haven for outdoor enthusiasts. The community offers a blend of modern amenities and a strong connection to its indigenous heritage.

Current Market Conditions in Ketchikan, AK

The real estate market in Ketchikan has been relatively stable, with home prices reflecting the area's demand for waterfront properties and unique homes. Investors can find both seasonal vacation rentals and long-term rental opportunities as tourism continues to shape the local economy.

As Ketchikan's popularity grows, especially among retirees and second-home buyers, the market shows signs of upward pressure on property prices, making it an interesting location for investment.

Home Value Estimator For Ketchikan, AK

There are currently 4,136 real estate properties in Ketchikan, AK, with a median automated valuation model (AVM) price of $431,362.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ketchikan, 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 Ketchikan, AK, is $439,090.00, with the most expensive house in Ketchikan, AK, topping out at $4,043,200.00 and the cheapest home in Ketchikan, AK, clocking in at $21,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Ketchikan, AK!

Rent Prices In Ketchikan, AK

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ketchikan, AK, is on a rollercoaster ride. The average rent price in Ketchikan, AK, is $1,845.00. Indeed, when looking to rent in Ketchikan, AK, you can expect to pay as little as $760.00 or as much as $3,640.00, with the average rent median estimated to be $1,820.00. The good news is that finding an affordable and desirable property to rent in Ketchikan, 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.

Ketchikan, AK Preforeclosure Homes


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