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Foreclosures in Ninilchik, AK

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Ninilchik, AK Foreclosures

How much do homes sell for in Ninilchik, AK?
The average home price is currently $246,296.
In Ninilchik, AK, how many homes are available?
There are currently 1 active home listings available in Ninilchik.
What’s the average rental cost in Ninilchik, AK?
The average rental price in Ninilchik is $1,341.
What is the most expensive home in Ninilchik?
The most expensive home sold in Ninilchik had a price of $1,350,342.
What is currently the cheapest priced home in Ninilchik, AK?
The cheapest home for sale in Ninilchik is priced at $14,025.

Living in Ninilchik, AK

Ninilchik, AK is a charming small town located on the Kenai Peninsula, known for its rich cultural heritage and outdoor recreational opportunities. With stunning views of the Cook Inlet and proximity to pristine natural parks, it attracts those who enjoy a peaceful, nature-centered lifestyle. Residents partake in fishing, hiking, and various outdoor activities, experiencing the best of Alaskan life.

Current Market Conditions in Ninilchik, AK

The current real estate market in Ninilchik is steady, resonating with those looking for a blend of charm and natural beauty. Prices for homes have seen a gradual increase as more people discover this hidden gem on the Kenai Peninsula. The area's appeal lies in its scenic landscapes and outdoor activities, drawing interest from both local buyers and those seeking a vacation property.

Currently, the demand for homes in Ninilchik is met with a limited inventory, leading to competitive pricing. Properties typically appreciate due to the location's desirability among outdoor enthusiasts and those looking to escape the hustle and bustle of city life.

Home Value Estimator For Ninilchik, AK

There are currently 928 real estate properties in Ninilchik, AK, with a median automated valuation model (AVM) price of $225,297.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ninilchik, 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 Ninilchik, AK, is $246,296.00, with the most expensive house in Ninilchik, AK, topping out at $1,350,342.00 and the cheapest home in Ninilchik, AK, clocking in at $14,025.00. In other words, there’s something for every potential homebuyer or savvy investor in Ninilchik, AK!

Rent Prices In Ninilchik, AK

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ninilchik, AK, is on a rollercoaster ride. The average rent price in Ninilchik, AK, is $1,341.00. Indeed, when looking to rent in Ninilchik, AK, you can expect to pay as little as $640.00 or as much as $2,720.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Ninilchik, 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.

Ninilchik, AK Foreclosures


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