Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$401,632+5.2% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$87,066About 0.9× the local median income ($92,939): affordable for a typical household
Days on market106 daysSlower than a year ago: buyers have time to negotiate
The typical home in Ketchikan Gateway Borough, AK is worth $401,632, up 5.2% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $393,964, so the area is 1.9% overvalued. It is a balanced market, leaning toward sellers: homes take about 106 days to sell, listings are down 2% from a year ago, 0% of listings have had a price cut. A household needs about $87,066 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $92,939. In the latest IRS figures, 39 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$401,632
Change in 1 year
+5.2%
Overvalued %
+1.9%
Show 6 more
Fair home value
$393,964
Change in 5 years
+16.6%
Home value to income
4.3×
Monthly mortgage payment (20% down)
$2,177
Income needed to afford it
$87,066
Property tax rate
0.67%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,733
Market activity
Listings vs a year ago
−1.6%
Days on market
106
Listings with a price cut
0.0%
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Homes for sale
60
Pending sales per 100 listings
20
Asking price per sq ft
$356
People and jobs
Median household income
$92,939
Population change (1 year)
−0.7%
Unemployment rate
3.1%
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Population
13,549
Income adjusted for cost of living
$96,610
Net moves in (IRS)
−39
Cost of living (US = 100)
96.2
Schools, risk and environment
School rating (1 to 10)
6.6
FEMA hazard risk score (0 to 100)
1.7
Flood risk score
26.0
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Wildfire risk score
10.9
Walkability (1 to 20)
7.8
Road, rail and air noise
52 dB
Questions people ask
Is Ketchikan Gateway Borough, AK overvalued?
Home prices in Ketchikan Gateway Borough, AK are slightly above what local incomes have historically supported: fair value is about $393,964, so the area is 1.9% overvalued.
Is Ketchikan Gateway Borough, AK a buyer's or seller's market?
Ketchikan Gateway Borough, AK is a balanced market, leaning toward sellers: homes take about 106 days to sell, listings are down 2% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Ketchikan Gateway Borough, AK?
Home values in Ketchikan Gateway Borough, AK are up 5.2% over the last year.
How much do you need to earn to buy a home in Ketchikan Gateway Borough, AK?
A household needs about $87,066 a year to afford the typical home in Ketchikan Gateway Borough, AK at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $92,939.