Market Overview
Home Prices in Wrangell, AK
The median home value in Wrangell, AK is $325,481 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.1% compared to a year ago and up 11.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wrangell are priced21% below average.
Over the past five years, Wrangell home values have risen by approximately17.1%, reflecting steady appreciation in this market.
Price History
Wrangell Home Price Trend
2020
$249,543
$250K
—
2021
$277,974
$278K
+11.4%
2022
$298,366
$298K
+7.3%
2023
$254,341
$254K
-14.8%
2024
$274,431
$274K
+7.9%
2025
$306,672
$307K
+11.7%
2026
$325,481
$325K
+6.1%
City Comparison
Wrangell vs. National Median
🏠 Wrangell
$325,481
National Median
$410,000
At $325,481, homes in Wrangell cost 21% below the national median of $410,000. This makes Wrangell a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Wrangell?
20% Down Payment
$65,096
on $325,481
Monthly P&I
$1,698/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,156/mo
incl. taxes & insurance
Income Needed
$86,240
gross annual (30% rule)
10% Down Option
$32,548
+ PMI applies
Loan Amount (20% dn)
$260,385
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 Wrangell, AK?
The median home value in Wrangell is $325,481 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.1% year-over-year.
How much have home prices changed in Wrangell?
Over the past year, home values in Wrangell have increased by 6.1%. Over five years, prices have risen approximately 17.1%.
How much do I need to earn to buy a home in Wrangell?
To comfortably afford the median home price of $325,481 with a 20% down payment ($65,096) at today's rates (6.8%), you'd need a gross annual income of approximately $86,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Wrangell compare to the national average home price?
The national median home value is approximately $410,000. At $325,481, homes in Wrangell are 21% below the national average.