Ketchikan, AK home prices
Typical home $401,629 · +5.2% in a year · income needed $110,800
The Ketchikan, AK metro area ranks 150 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +5.2% in a year and +16.6% over five years. With 20% down at 7.11%, the typical home costs about $2,585 a month including 0.67% property tax (Ketchikan Gateway Borough rate).
Mortgage on the typical Ketchikan home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $80,326 | $321,303 | $2,161 | $0 | $424 | $2,585 | $110,800 |
| 10% down | $40,163 | $361,466 | $2,432 | $151 | $424 | $3,006 | $128,800 |
| 5% down | $20,081 | $381,548 | $2,567 | $159 | $424 | $3,149 | $135,000 |
| 3.5% down (FHA) | $14,057 | $394,355 | $2,653 | $178 | $424 | $3,254 | $139,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.67% 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.
Counties in the Ketchikan area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Ketchikan Gateway Borough, AK | $401,632 | +5.2% | 0.67% |
What can you afford in Alaska on your salary? · Alaska home prices · Salaries in Alaska
Frequently asked questions
How much is a house in Ketchikan?
The typical home in the Ketchikan, AK metro area is worth $401,629 (Zillow, September 2026).
What salary do you need to buy a house in Ketchikan?
About $110,800 a year for the typical home with 20% down at 7.11%.