Matanuska Susitna Borough, Alaska home prices
Typical home $408,655 · +6.3% in a year · property tax 1.06%
The typical home in Matanuska Susitna Borough is worth $408,655, 3% more than the Alaska typical home ($397,932). Values changed +6.3% in the past year and +23.9% over five years. Homeowners here pay a median 1.06% of their home's value in property tax each year ($4,345 on the typical home), versus 1.06% statewide.
Mortgage on the typical Matanuska Susitna Borough home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $81,731 | $326,924 | $2,199 | $0 | $566 | $2,766 | $118,500 |
| 10% down | $40,866 | $367,790 | $2,474 | $153 | $566 | $3,194 | $136,900 |
| 5% down | $20,433 | $388,222 | $2,612 | $162 | $566 | $3,340 | $143,100 |
| 3.5% down (FHA) | $14,303 | $401,253 | $2,699 | $181 | $566 | $3,446 | $147,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.06% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Alaska · part of the Anchorage metro area.
Alaska counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Kodiak Island Borough | $403,388 | +3.1% | 0.87% |
| Ketchikan Gateway Borough | $401,632 | +5.2% | 0.67% |
| Petersburg Borough | $383,220 | +12.9% | 0.6% |
| Anchorage Borough | $435,264 | +5.4% | 1.26% |
| Kenai Peninsula Borough | $348,874 | +6.6% | 0.63% |
| Juneau Borough | $473,329 | +4.5% | 0.95% |
| Sitka Borough | $481,818 | -5.4% | 0.46% |
| Haines Borough | $332,342 | +1.6% | 0.83% |
| North Slope Borough | $318,810 | +7.8% | 1.06% |
| Wrangell Borough | $317,718 | +10.3% | 0.56% |
Frequently asked questions
What is the average home price in Matanuska Susitna Borough, AK?
The typical home value in Matanuska Susitna Borough is $408,655 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Matanuska Susitna Borough?
About $118,500 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Matanuska Susitna Borough?
The median effective rate is 1.06% of home value a year (Census ACS 2024 5-year estimates).