Petersburg Borough, Alaska home prices
Typical home $383,220 · +12.9% in a year · property tax 0.6%
The typical home in Petersburg Borough is worth $383,220, 4% less than the Alaska typical home ($397,932). Values changed +12.9% in the past year and +7.2% over five years. Homeowners here pay a median 0.6% of their home's value in property tax each year ($2,306 on the typical home), versus 1.06% statewide.
Mortgage on the typical Petersburg Borough home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $76,644 | $306,576 | $2,062 | $0 | $384 | $2,446 | $104,800 |
| 10% down | $38,322 | $344,898 | $2,320 | $144 | $384 | $2,848 | $122,000 |
| 5% down | $19,161 | $364,059 | $2,449 | $152 | $384 | $2,985 | $127,900 |
| 3.5% down (FHA) | $13,413 | $376,279 | $2,531 | $169 | $384 | $3,085 | $132,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.6% 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.
Alaska counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Ketchikan Gateway Borough | $401,632 | +5.2% | 0.67% |
| Kodiak Island Borough | $403,388 | +3.1% | 0.87% |
| Matanuska Susitna Borough | $408,655 | +6.3% | 1.06% |
| Kenai Peninsula Borough | $348,874 | +6.6% | 0.63% |
| Haines Borough | $332,342 | +1.6% | 0.83% |
| Anchorage Borough | $435,264 | +5.4% | 1.26% |
| North Slope Borough | $318,810 | +7.8% | 1.06% |
| Wrangell Borough | $317,718 | +10.3% | 0.56% |
| Fairbanks North Star Borough | $314,310 | +5.4% | 1.19% |
| Juneau Borough | $473,329 | +4.5% | 0.95% |
Frequently asked questions
What is the average home price in Petersburg Borough, AK?
The typical home value in Petersburg Borough is $383,220 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Petersburg Borough?
About $104,800 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Petersburg Borough?
The median effective rate is 0.6% of home value a year (Census ACS 2024 5-year estimates).