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Foreclosure Auction Homes in Nome, AK

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Nome, AK Foreclosures

How much do homes sell for in Nome, AK?
The average home price is currently $312,670.
In Nome, AK, how many homes are available?
There are currently 3 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, located on the Seward Peninsula, offers a unique lifestyle that blends rich history with breathtaking natural beauty. Known for its iconic Iditarod Trail Sled Dog Race, this city is a hub for adventure enthusiasts and those seeking the tranquility of the Alaskan wilderness. The community is tight-knit, with a variety of local events and cultural activities that enhance its vibrant atmosphere.

Current Market Conditions in Nome, AK

The real estate market in Nome has seen a steady demand over the past year, primarily due to its unique attractions and lifestyle. While housing options are limited, the available properties are diverse, ranging from cozy cabins to more modern homes. Market trends show a balanced demand and supply, with some homes seeing increased interest due to the area's growing tourism.

Currently, Nome's real estate market is experiencing slow but consistent growth. There has been an increase in interest from individuals seeking a retreat in Alaska, leading to a slight uptick in home prices. However, the market remains affordable compared to larger Alaskan cities, making it an attractive option for those looking to invest in a quiet but vibrant community.

Home Value Estimator For Nome, AK

There are currently 938 real estate properties in Nome, AK, with a median automated valuation model (AVM) price of $305,760.00. 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 $312,670.00, 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.

Nome, AK Foreclosure Auction Homes


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