Market Overview
Home Prices in Kodiak, AK
The median home value in Kodiak, AK is $454,437 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.5% compared to a year ago and up 8.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Kodiak are priced11% above average.
Over the past five years, Kodiak home values have risen by approximately15.4%, reflecting steady appreciation in this market.
Price History
Kodiak Home Price Trend
2020
$368,707
$369K
—
2021
$393,747
$394K
+6.8%
2022
$437,600
$438K
+11.1%
2023
$415,321
$415K
-5.1%
2024
$395,894
$396K
-4.7%
2025
$430,771
$431K
+8.8%
2026
$454,437
$454K
+5.5%
City Comparison
Kodiak vs. National Median
🏠 Kodiak
$454,437
National Median
$410,000
At $454,437, homes in Kodiak cost 11% above the national median of $410,000. Buyers in Kodiak should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Kodiak?
20% Down Payment
$90,887
on $454,437
Monthly P&I
$2,370/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,010/mo
incl. taxes & insurance
Income Needed
$120,400
gross annual (30% rule)
10% Down Option
$45,444
+ PMI applies
Loan Amount (20% dn)
$363,550
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 Kodiak, AK?
The median home value in Kodiak is $454,437 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.5% year-over-year.
How much have home prices changed in Kodiak?
Over the past year, home values in Kodiak have increased by 5.5%. Over five years, prices have risen approximately 15.4%.
How much do I need to earn to buy a home in Kodiak?
To comfortably afford the median home price of $454,437 with a 20% down payment ($90,887) at today's rates (6.8%), you'd need a gross annual income of approximately $120,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Kodiak compare to the national average home price?
The national median home value is approximately $410,000. At $454,437, homes in Kodiak are 11% above the national average.