Nome, AK Foreclosures
Current Market Conditions in in Nome, AK As of April 2026?
In the past month, Nome's real estate landscape has become increasingly competitive. Several homes have been sold above asking price, indicating a strong interest from buyers. Listings that feature upgraded interiors or scenic views are particularly popular, leading to a decline in average days on the market. This trend suggests that buyers are eager to secure properties, leading to a potential spike in prices if the demand continues.
How much do homes sell for in Nome, AK?
The average home price is currently $324,123.
In Nome, AK, how many homes are available?
There are currently 2 active home listings available in Nome.
What’s the average rental cost in Nome, AK?
The average rental price in Nome is $1,716.
What is the most expensive home in Nome?
The most expensive home sold in Nome had a price of $6,372,500.
What is currently the cheapest priced home in Nome, AK?
The cheapest home for sale in Nome is priced at $62,550.
Living in Nome, AK
Nome, Alaska is a historic gold rush city located on the Bering Sea. Known for its stunning natural beauty and rich history, it offers a unique lifestyle with ample outdoor activities year-round. The community is closely knit, with several events and festivals that celebrate its vibrant culture and heritage.
Buyer vs Seller Market in Nome, AK
The real estate market in Nome has seen a gradual increase in demand due to its unique location and quality of life. Inventory remains low, leading to increased competition among buyers. Properties are being snapped up quickly, particularly those that offer modern amenities and proximity to the coast, reflecting a healthy interest in both residential and seasonal homes.
As of late 2023, Nome's real estate market is characterized by a steady interest from remote workers, retirees, and Alaskan Natives returning to their roots. This influx has resulted in a slight upward trend in property values, driving market dynamics that favor sellers, especially for well-priced listings.
Home Value Estimator For Nome, AK
There are currently 942 real estate properties
in Nome, AK,
with a median automated valuation model (AVM) price
of $317,783.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Nome, 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 Nome, AK,
is $324,123.00, with the most expensive house
in Nome, AK, topping out
at $6,372,500.00 and the cheapest home
in Nome, AK,
clocking in at $62,550.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Nome, AK!
Rent Prices
In Nome, AK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Nome, AK, is on
a rollercoaster ride. The
average rent price in Nome, AK,
is $1,716.00. Indeed, when looking to rent in
Nome, AK, you can expect to pay as little
as $1,330.00 or as much
as $4,060.00,
with the average rent median estimated to
be $1,660.00. The good news is that finding
an affordable and desirable property to rent in Nome, 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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