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: January 2026

Median Sale Price

$309K

35.3% YoY

Days on Market

71 days

70.9% YoY

Active Inventory

44

10.0% YoY

Homes Sold

1

50.0% 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 January 2026, the median home sale price is $309K, down 35.3% year-over-year. Homes are spending a median of 71 days on the market, 70.9% shorter than a year ago.

There are 44 homes for sale — 10.0% more than last year. With 44.0 months of supply, this is a buyer's market. 5 new listings were added during this period, down 54.5% year-over-year.

Homes are selling for 92.1% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 18.2% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

88

Contributing Factors

Months of Supply 44.0
Days on Market 71
Price Drops 18.2%
Sale-to-List Ratio 92.1%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 27.1%
Days on Market (National: 66) 7.6%
Inventory (National: 1,210,379) 100.0%

vs. Alaska Median

Median Price (Alaska: $408K) 24.4%
Days on Market (Alaska: 56) 26.8%

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. Prices are 27% below the national median, which could indicate stronger cash flow potential.

Ketchikan, AK metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$370K

Price per Sq Ft

$215

Sale-to-List Ratio

92.1%

Months of Supply

44.0

Sold Above List

0.0%

Price Drops

18.2%

New Listings

5

54.5% YoY

Pending Sales

4

Off Market in 2 Weeks

25.0%

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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.