Market Overview
Home Prices in Saxman, AK
The median home value in Saxman, AK is $304,732 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Saxman are priced26% below average. Saxman is part of the Ketchikan, AK metro area.
Over the past five years, Saxman home values have risen by approximately18.2%, reflecting steady appreciation in this market.
Price History
Saxman Home Price Trend
2020
$239,811
$240K
—
2021
$257,771
$258K
+7.5%
2022
$275,896
$276K
+7.0%
2023
$275,803
$276K
+-0.0%
2024
$268,555
$269K
-2.6%
2025
$274,545
$275K
+2.2%
2026
$304,732
$305K
+11.0%
City Comparison
Saxman vs. National Median
🏠 Saxman
$304,732
National Median
$410,000
At $304,732, homes in Saxman cost 26% below the national median of $410,000. This makes Saxman a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Saxman?
20% Down Payment
$60,946
on $304,732
Monthly P&I
$1,589/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,018/mo
incl. taxes & insurance
Income Needed
$80,720
gross annual (30% rule)
10% Down Option
$30,473
+ PMI applies
Loan Amount (20% dn)
$243,786
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 Saxman, AK?
The median home value in Saxman is $304,732 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11% year-over-year.
How much have home prices changed in Saxman?
Over the past year, home values in Saxman have increased by 11%. Over five years, prices have risen approximately 18.2%.
How much do I need to earn to buy a home in Saxman?
To comfortably afford the median home price of $304,732 with a 20% down payment ($60,946) at today's rates (6.8%), you'd need a gross annual income of approximately $80,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Saxman compare to the national average home price?
The national median home value is approximately $410,000. At $304,732, homes in Saxman are 26% below the national average.
What metro area is Saxman part of?
Saxman is part of the Ketchikan, AK metropolitan area. Home prices and market conditions can vary across the broader metro region.