Ketchikan, AK—99901
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ketchikan, AK
As of Oct '25, the median home price in Ketchikan, AK is $385,000, with a year-over-year change of 7.2%. This indicates that home prices in Ketchikan, AK are increasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $385,000 | 7.2% |
| Single Family | $423,000 | 7.4% |
| Condos | $121,000 | -10.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $123,000 | -10.9% |
2 Bed | $283,000 | 7.2% |
3 Bed | $424,000 | 6.8% |
4 Bed | $497,000 | 7.1% |
| 5 Bed | $543,000 | 7.3% |
% of Housing Stock
Rental Trends — Ketchikan, AK
As of July '25, Rentcast reports the average rent in Ketchikan, AK is $2,000, with a year-over-year rent change of -5.2%. Per bedroom, the median rent as of July '25 in Ketchikan, AK is studios: $1,850, 1-bedrooms: $1,540, 2-bedrooms: $2,120, 3-bedrooms: $2,360, 4-bedrooms: $3,000. The most common rental property sizes in Ketchikan, AK are 2-bedroom and 3-bedroom, accounting for 37.9% and 23.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $2,000 |
| Studio Rent | $1,500 | $1,850 |
| 1 Bed Rent | $1,560 | $1,540 |
| 2 Bed Rent | $1,500 | $2,120 |
| 3 Bed Rent | $2,000 | $2,360 |
| 4 Bed Rent | $3,000 | $3,000 |
% of Rental Stock
Property Listings — Ketchikan, AK
As of Oct '25, Realtor.com reports that the median days on market for a home in Ketchikan, AK is 68. This is a increase of 11.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $412,000 | -1.0% |
Listing Count | 68 | 1.0% |
| Listings as % of Homes | 0.6% | 1.0% |
Days on Market | 68 | 11.0% |
Demographics — Ketchikan, AK
As of the latest ACS Survey released in 2023, Ketchikan, AK has a population of 13,900, which has remained stable by 0.4% over the past 5 years. Ketchikan, AK is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 27.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,900 | 0.4% |
% Under 18 | 20.8% | -6.7% |
% Seniors | 17.3% | 22.7% |
% WFH | 4.7% | 62.1% |
% w/ College Degree | 27.0% | 10.7% |
As of the latest ACS Survey released in 2023, Ketchikan, AK is a predominantly white area, with 61.4% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Ketchikan, AK is asian, making up 9.0% of the population. Foreign-born residents account for 8.7% of the population in Ketchikan, AK, and this percentage has increased by 3.6% 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 | 61.4% | -4.2% |
% Black | 0.5% | -28.6% |
% Hispanic | 5.3% | 3.9% |
% Asian | 9.0% | 16.9% |
% Foreign Born | 8.7% | 3.6% |
Mortgage and Risk — Ketchikan, AK
According to HUD data as of 2023, there were 87 mortgage originations in Ketchikan, AK, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Ketchikan, AK. Investor activity is low, as 1.0% 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 | 87 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 1.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Ketchikan, AK
Ketchikan, AK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 195 |
Total Units Section 8 | 114 |
% 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 | -$390 | $1,560 | $1,170 |
| 2 Bedroom | $40 | $1,500 | $1,540 |
| 3 Bedroom | $140 | $2,000 | $2,140 |
| 4 Bedroom | -$410 | $3,000 | $2,590 |
Affordability — Ketchikan, AK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $385,000 |
| Median Household Income | $89,200 |