Market Overview
Home Prices in Ketchikan, AK
The median home value in Ketchikan, AK is $414,502 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.8% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ketchikan are priced1% above average. Ketchikan is part of the Ketchikan, AK metro area.
Over the past five years, Ketchikan home values have risen by approximately20.7%, reflecting strong long-term appreciation in this market.
Price History
Ketchikan Home Price Trend
City Comparison
Ketchikan vs. National Median
At $414,502, homes in Ketchikan cost 1% above the national median of $410,000. Buyers in Ketchikan should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Ketchikan?
20% Down Payment
$82,900
on $414,502
Monthly P&I
$2,162/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,746/mo
incl. taxes & insurance
Income Needed
$109,840
gross annual (30% rule)
10% Down Option
$41,450
+ PMI applies
Loan Amount (20% dn)
$331,602
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ketchikan, AK?
The median home value in Ketchikan is $414,502 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.8% year-over-year.
How much have home prices changed in Ketchikan?
Over the past year, home values in Ketchikan have increased by 7.8%. Over five years, prices have risen approximately 20.7%.
How much do I need to earn to buy a home in Ketchikan?
To comfortably afford the median home price of $414,502 with a 20% down payment ($82,900) at today's rates (6.8%), you'd need a gross annual income of approximately $109,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Ketchikan compare to the national average home price?
The national median home value is approximately $410,000. At $414,502, homes in Ketchikan are 1% above the national average.
What metro area is Ketchikan part of?
Ketchikan is part of the Ketchikan, AK metropolitan area. Home prices and market conditions can vary across the broader metro region.