Valdez Socioeconomic Indicators Report- Housing

There are an estimated 1,750 dwelling units in Valdez today, including 107 in

group quarters.

The median price for homes in Valdez is 36% less than the statewide median, but median rents are

10% higher.

Several factors combine to tighten the Valdez housing market and reduce available housing choice:

– The number of dwelling units being constructed per year in Valdez has declined sharply

over the last 15 years; from an average of 29 per year during 2000-2002, to 11 per year in

2003-2011, to 4 constructed per year during 2012-2014.

– The decrease in new construction creates an aging housing stock and limits housing options

for buyers