Ninilchik, AK Community Information

Ninilchik, AK Homes for Sale

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Ninilchik, AK Community Information

Population

1,007

Median Age

43.0

Median Household Income

$45,000

Households with Children

38.06%

Median Travel Time to Work

24 minutes

Ninilchik, AK Real Estate Market Information

Homes Owned

44.93%

Homes Rented

8.14%

Homes Vacant

46.93%

Ninilchik, AK Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

See Ninilchik apartments for rent

Ninilchik, AK School Information

Primary Schools

Chapman School | 73286 School Ave
Mcneil Canyon Elementary School | 52188 E End Rd

Other Schools

Ninilchik School | 15735 Sterling Hwy
Nikolaevsk School | 65524 Nikolaevsk Rd
Kachemak Selo School | 44032 Milton Rd

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.