Kodiak, AK—99615
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kodiak, AK
Kodiak, AK lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $425,000 | 9.2% |
| Single Family | $426,000 | 7.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kodiak, AK
As of July '25, Rentcast reports the average rent in Kodiak, AK is $2,180, with a year-over-year rent change of 40.6%. Per bedroom, the median rent as of July '25 in Kodiak, AK is 1-bedrooms: $2,000, 2-bedrooms: $2,350. The most common rental property sizes in Kodiak, AK are 2-bedroom and 3-bedroom, accounting for 30.2% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,000 | $2,000 |
| 2 Bed Rent | $2,350 | $2,350 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Kodiak, AK
As of Oct '25, Realtor.com reports that the median days on market for a home in Kodiak, AK is 81. This is a increase of 41.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $434,000 | 2.0% |
Listing Count | 26 | 24.0% |
| Listings as % of Homes | 0.4% | 24.0% |
Days on Market | 81 | 41.0% |
Demographics — Kodiak, AK
As of the latest ACS Survey released in 2023, Kodiak, AK has a population of 12,300, which has decreased by -5.1% over the past 5 years. Kodiak, AK is a moderately popular place for families, as children make up 24.2% of the population. The area has a moderately educated workforce, with 29.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,300 | -5.1% |
% Under 18 | 24.2% | -9.0% |
% Seniors | 12.4% | 40.9% |
% WFH | 5.2% | -18.8% |
% w/ College Degree | 29.8% | 11.2% |
As of the latest ACS Survey released in 2023, Kodiak, AK is a predominantly white area, with 47.5% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Kodiak, AK is asian, making up 23.1% of the population. Foreign-born residents account for 20.8% of the population in Kodiak, AK, and this percentage has increased by 2.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 47.5% | -6.7% |
% Black | 0.6% | 100.0% |
% Hispanic | 8.2% | -11.8% |
% Asian | 23.1% | -4.5% |
% Foreign Born | 20.8% | 2.5% |
Mortgage and Risk — Kodiak, AK
According to HUD data as of 2023, there were 107 mortgage originations in Kodiak, AK, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Kodiak, AK. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 107 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Kodiak, AK
Kodiak, AK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 157 |
Total Units Section 8 | 117 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$570 | $2,000 | $1,430 |
| 2 Bedroom | -$470 | $2,350 | $1,880 |
| 3 Bedroom | N/A | N/A | $2,310 |
| 4 Bedroom | N/A | N/A | $2,490 |
Affordability — Kodiak, AK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $425,000 |
| Median Household Income | $86,400 |