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Foreclosure Homes in Nikiski, AK

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1 Island-lake-rd-Nikiski-AK-99611
As-Is Deal
$210,000 List Price

Island Lake Rd
Nikiski, AK 99611

3 Bed | 3 Bath | 2,304 Sq. Ft.

Displaying 1 - 1 of 1
 

Home Value Estimator For Nikiski, AK

There are currently 489 real estate properties in Nikiski, AK, with a median automated valuation model (AVM) price of $168,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Nikiski, 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 Nikiski, AK, is $192,396.00, with the most expensive house in Nikiski, AK, topping out at $772,900.00 and the cheapest home in Nikiski, AK, clocking in at $42,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Nikiski, AK!


Rent Prices In Nikiski, AK

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Nikiski, AK, is on a rollercoaster ride. The average rent price in Nikiski, AK, is $1,302.00. Indeed, when looking to rent in Nikiski, AK, you can expect to pay as little as $660.00 or as much as $2,540.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in Nikiski, 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.


Foreclosure Homes in Nikiski, AK

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Nikiski, AK area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Nikiski, AK and much more. Save thousands at closing with home foreclosure listings in Nikiski, AK — up to 75% off market value!


Top Reasons To Live In Nikiski, AK In 2021

Nikiski is located in Kenai Peninsula, Alaska, with an estimated municipal population of 4,316 residents. All of the best foreclosed homes for sale in Nikiski are located in the following zip code areas on Foreclosure.com: 99611 99635. The estimated population per square kilometer (.62 miles) in Nikiski is 23.


Cost Of Living In Nikiski, AK

So, about how much do homes cost in Nikiski? The most recent median value of resident-owned homes in Nikiski is 199,570. An estimated 84.1 percent of households in Nikiski own their homes, with an average family size of 3.29. The median household income in Nikiski is 54,583, with24.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Nikiski, the median commute time of resident workers (in minutes) is 22.5. And last, but certainly not least, are you looking for homes to rent in Nikiski? If so, the average rent price paid by renters in Nikiski is 1,131, according to recent statistics.


Diversity And Demographics In Nikiski, Alaska

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Nikiski, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Nikiski is 44.9, split between 54.8 percent male versus 45.2 female. The percentage of residents who report being married in Nikiski is 48.8, with an average family size of 3.29.

The percentage of residents who report their race in Nikiski is as follows:

White 79.5%
Black / African American 0.4%
Asian 0.6%
American Indian / Alaskan Native 12%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 6.5%
Other 1%

Looking for family-friendly neighborhoods in and/or near Nikiski? Or maybe you are searching for 55+ active adult communities in and/or near Nikiski?

The percentage of residents who report their age in Nikiski is as follows:

Under 10 12.1%
Aged 10-19 12.2%
20s 11%
30s 11.8%
40s 7.5%
50s 17.5%
60s 15.7%
70s 6.8%
80+ 5.5%

Best Schools In Nikiski, Alaska

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Nikiski with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Nikiski.


Pros And Cons Of Living In Nikiski, Alaska

How do you know that living in -- or moving to -- Nikiski is right where you need to be? Perhaps you grew up in Nikiski or already live nearby; therefore, the decision to buy a home in Nikiski is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Nikiski for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Nikiski:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Nikiski.


Reasons To Move To Nikiski, Alaska, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Nikiski can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Nikiski, meanwhile, can field multiple offers from more qualified buyers.

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