Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$403,388+3.1% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 15% have cut their price
Income needed to buy, per year$87,446About 0.9× the local median income ($92,237): affordable for a typical household
Days on market82 daysFaster than a year ago: sellers have the edge
The typical home in Kodiak Island Borough, AK is worth $403,388, up 3.1% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $423,050, so the area is 4.6% undervalued. It is a balanced market, leaning toward buyers: homes take about 82 days to sell, listings are up 11% from a year ago, 15% of listings have had a price cut. A household needs about $87,446 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 $92,237. In the latest IRS figures, 216 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
$403,388
Change in 1 year
+3.1%
Overvalued %
−4.6%
Show 6 more
Fair home value
$423,050
Change in 5 years
+8.4%
Home value to income
4.4×
Monthly mortgage payment (20% down)
$2,186
Income needed to afford it
$87,446
Property tax rate
0.87%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$2,239
Market activity
Listings vs a year ago
+11.1%
Days on market
82
Listings with a price cut
14.8%
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Homes for sale
20
Pending sales per 100 listings
35
Asking price per sq ft
$304
People and jobs
Median household income
$92,237
Population change (1 year)
−0.1%
Unemployment rate
5.0%
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Population
12,387
Income adjusted for cost of living
$95,880
Net moves in (IRS)
−216
Cost of living (US = 100)
96.2
Schools, risk and environment
School rating (1 to 10)
5.8
FEMA hazard risk score (0 to 100)
65.1
Flood risk score
4.4
Show 3 more
Wildfire risk score
23.2
Walkability (1 to 20)
6.7
Road, rail and air noise
51 dB
Questions people ask
Is Kodiak Island Borough, AK overvalued?
Home prices in Kodiak Island Borough, AK are slightly below what local incomes have historically supported: fair value is about $423,050, so the area is 4.6% undervalued.
Is Kodiak Island Borough, AK a buyer's or seller's market?
Kodiak Island Borough, AK is a balanced market, leaning toward buyers: homes take about 82 days to sell, listings are up 11% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Kodiak Island Borough, AK?
Home values in Kodiak Island Borough, AK are up 3.1% over the last year.
How much do you need to earn to buy a home in Kodiak Island Borough, AK?
A household needs about $87,446 a year to afford the typical home in Kodiak Island Borough, AK at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $92,237.