Ketchikan, AK Foreclosures
Current Market Conditions in in Ketchikan, AK As of March 2026?
This past month, the Ketchikan real estate market has experienced a minor uptick in home prices, indicative of continued interest in the area's unique beauty and outdoor lifestyle. Many prospective buyers remain active, particularly after the summer months when tourism typically peaks. New listings are emerging, though the competition remains robust as buyers seek both primary residences and vacation homes. Real estate agents in the area note that homes are selling at or above listing price due to the limited inventory available.
How much do homes sell for in Ketchikan, AK?
The average home price is currently $421,062.
In Ketchikan, AK, how many homes are available?
There are currently 9 active home listings available in Ketchikan.
What’s the average rental cost in Ketchikan, AK?
The average rental price in Ketchikan is $1,844.
What is the most expensive home in Ketchikan?
The most expensive home sold in Ketchikan had a price of $4,541,836.
What is currently the cheapest priced home in Ketchikan, AK?
The cheapest home for sale in Ketchikan is priced at $21,600.
Living in Ketchikan, AK
Ketchikan, Alaska is a picturesque coastal city known for its stunning scenery and strong cultural heritage. It offers a blend of outdoor recreational opportunities, rich Native American history, and a lively arts scene, making it an ideal location for those seeking both adventure and community. This charming city is known for its salmon fishing and draws visitors and residents with its enchanting landscapes and welcoming atmosphere.
Buyer vs Seller Market in Ketchikan, AK
The real estate market in Ketchikan has seen a significant increase in interest over the past year, driven primarily by the tourism sector and remote work trends. Prices for waterfront properties, in particular, have surged, as buyers look to invest in scenic homes that offer both recreational access and potential rental income. The market is competitive, with many homes being sold quickly as inventory remains low, driving up demand and prices.
Recently, the trend of increasing demand for second homes and vacation properties has contributed to rising prices in Ketchikan's real estate market. Buyers are searching for properties that can serve as summer getaways, highlighting the appeal of Ketchikan’s natural beauty. However, the market is also showing signs of seasonal fluctuations typical of Alaskan real estate conditions.
Home Value Estimator For Ketchikan, AK
There are currently 4,381 real estate properties
in Ketchikan, AK,
with a median automated valuation model (AVM) price
of $398,749.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ketchikan, AK, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Ketchikan, AK,
is $421,062.00, with the most expensive house
in Ketchikan, AK, topping out
at $4,541,836.00 and the cheapest home
in Ketchikan, AK,
clocking in at $21,600.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ketchikan, AK!
Rent Prices
In Ketchikan, AK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ketchikan, AK, is on
a rollercoaster ride. The
average rent price in Ketchikan, AK,
is $1,844.00. Indeed, when looking to rent in
Ketchikan, AK, you can expect to pay as little
as $760.00 or as much
as $3,640.00,
with the average rent median estimated to
be $1,820.00. The good news is that finding
an affordable and desirable property to rent in Ketchikan, AK
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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