Ketchikan, AK metro area Housing Market

Cold Market

Comprehensive housing market data for the Ketchikan, AK metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$489K

40.1% YoY

Days on Market

60 days

33.3% YoY

Active Inventory

46

13.2% YoY

Homes Sold

4

0.0% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Ketchikan, AK metro area Market Summary

The Ketchikan, AK metro area housing market is cooling down. As of March 2026, the median home sale price is $489K, up 40.1% year-over-year. Homes are spending a median of 60 days on the market, 33.3% shorter than a year ago.

There are 46 homes for sale — 13.2% fewer than last year. With 11.5 months of supply, this is a buyer's market. 14 new listings were added during this period, down 39.1% year-over-year.

Homes are selling for 97.4% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 13.0% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

77

Contributing Factors

Months of Supply 11.5
Days on Market 60
Price Drops 13.0%
Sale-to-List Ratio 97.4%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 12.0%
Days on Market (National: 55) 9.1%
Inventory (National: 1,314,690) 100.0%

vs. Alaska Median

Median Price (Alaska: $400K) 22.3%
Days on Market (Alaska: 33) 81.8%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price.

Ketchikan, AK metro area Market Trends

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Detailed Market Metrics

Median List Price

$524K

Price per Sq Ft

$368

Sale-to-List Ratio

97.4%

Months of Supply

11.5

Sold Above List

0.0%

Price Drops

13.0%

New Listings

14

39.1% YoY

Pending Sales

12

Off Market in 2 Weeks

75.0%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.