Soldotna appreciation rates and housing market information

Soldotna housing market information

With 13,710 people, 5,670 houses or apartments, and a median cost of homes of $214,900, Soldotna real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Soldotna, accounting for 72.77% of the town's housing units. Other types of housing that are prevalent in Soldotna include duplexes, homes converted to apartments, or other small apartment buildings (8.96%), mobile homes or trailers (7.97%), large apartment complexes or high rise apartments (6.60%), and a few row houses and other attached homes (1.18%).

Dwellings in Soldotna tend to be quite small (one, two, or no bedrooms) and owner-occupied. In fact, 48.17% of the homes in Soldotna have two or fewer bedrooms.

There is a lot of housing in Soldotna built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Soldotna built from 1995 and later (17.44%). A lesser amount of the housing stock also hails from 1940-1969 (11.13%), and some were built from 1939 and earlier (11.13%).

Soldotna home appreciation rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Soldotna, where house values have increased just 26.01%, which is an average annual increase of 2.60%. NeighborhoodScout's data show that in the latest quarter, Soldotna house values appreciated -1.02%, which is an annualized rate of -4.08%. This rate is lower than the appreciation rate found in 60% of the cities and towns in America.

Over the last year, Soldotna appreciation rates have trailed the rest of the nation. In the last twelve months, Soldotna's appreciation rate has been -2.34%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Soldotna were at -1.02%, which equates to an annual appreciation rate of -4.08%.

Relative to Alaska, our data show that Soldotna's latest annual appreciation rate is higher than 31% of the other cities and towns in Alaska.