Petersburg, AK Foreclosures
How much do homes sell for in Petersburg, AK?
The average home price is currently $379,994.
In Petersburg, AK, how many homes are available?
There are currently 2 active home listings available in Petersburg.
What’s the average rental cost in Petersburg, AK?
The average rental price in Petersburg is $1,430.
What is the most expensive home in Petersburg?
The most expensive home sold in Petersburg had a price of $946,254.
What is currently the cheapest priced home in Petersburg, AK?
The cheapest home for sale in Petersburg is priced at $55,798.
Living in Petersburg, AK
Petersburg, known for its rich fishing heritage and scenic beauty, is a charming town located on Mitkof Island in southeastern Alaska. With a strong German influence, the community embraces its unique culture while offering a close-knit atmosphere. Outdoor enthusiasts will find plenty of opportunities for hiking, fishing, and exploring the stunning landscapes that surround this picturesque location.
Current Market Conditions in Petersburg, AK
The real estate market in Petersburg remains stable, with a moderate growth in home prices over the past year. Properties tend to sell quickly due to the limited inventory and high demand, particularly for waterfront homes and those with scenic views. The unique charm of the area continues to attract both residents and investors, making it a desirable location in Southeast Alaska.
Current trends show an increased interest in vacation homes as more people seek refuge in scenic locations. The market is characterized by a mix of single-family homes, condos, and waterfront properties, with some houses being sold above the asking price due to competitive bidding.
Home Value Estimator For Petersburg, AK
There are currently 237 real estate properties
in Petersburg, AK,
with a median automated valuation model (AVM) price
of $361,662.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Petersburg, 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 Petersburg, AK,
is $379,994.00, with the most expensive house
in Petersburg, AK, topping out
at $946,254.00 and the cheapest home
in Petersburg, AK,
clocking in at $55,798.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Petersburg, AK!
Rent Prices
In Petersburg, AK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Petersburg, AK, is on
a rollercoaster ride. The
average rent price in Petersburg, AK,
is $1,430.00. Indeed, when looking to rent in
Petersburg, AK, you can expect to pay as little
as $1,270.00 or as much
as $1,650.00,
with the average rent median estimated to
be $1,390.00. The good news is that finding
an affordable and desirable property to rent in Petersburg, 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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