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Kodiak Island Borough, AK home prices

Kodiak Island Borough, AK: the typical home is worth $409,372 as of 2026-05, up +5.6% over the past year and n/a since 2000. Listings run about $296/sq…

Data as of · by the Real Estate Price Map data team · methodology & sources

Kodiak Island Borough is accelerating and overvalued — affordable for what people here earn.

Momentum+5.6%Heating up
Valuation+26%High bubble risk
Affordability7/10Affordable
Market56 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1986: $170,686 → 2026: $409,372 (2.4×) pre-2000 estimated via FHFA index

Typical value$409,3722026-05
1-year+5.6%
5-year+13.8%
10-year+45.2%
Since 2000n/a
Population12k2024
Median income$86,2502023 · 4.7× income
New homes/yr192024
Price / sq ft$296listings
Days on market562026-06
Active listings172026-06
Price cuts5%of listings

Market read

At $409,372, homes in Kodiak Island Borough sit 13% above the Alaska median ($362,859) and 75% above the US median ($233,954). That ranks #4 of 14 Alaska counties by price.

Prices are holding steady (+5.6% in the last year) — a balanced market.

Homes here move at a steady pace — a median 56 days on the market, with 5% of listings cutting their asking price.

At 4.7× local income, that's pricier than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~26% expensive for local incomes and rents.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Kenai Peninsula Borough, AK ($347,751) · Anchorage Borough, AK ($431,988) · Matanuska Susitna Borough, AK ($406,699) · Fairbanks North Star Borough, AK ($312,161) · Southeast Fairbanks Borough, AK ($292,592) · Haines Borough, AK ($345,562)

Frequently asked questions

What is the average home price in Kodiak Island Borough, AK?
The typical home in Kodiak Island Borough is worth $409,372 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Kodiak Island Borough rising or falling?
Prices are up +5.6% over the past year and n/a since 2000 — a balanced market.
Is Kodiak Island Borough affordable?
At 4.7× the local median income of $86,250, Kodiak Island Borough is pricier than the typical US county.
How fast do homes sell in Kodiak Island Borough?
Homes here take a median of 56 days to sell, with 5% of listings cutting their asking price.
Median home value by year
YearMedian home value
2005$231,502
2006$251,137
2007$261,856
2008$259,096
2009$256,684
2010$247,254
2011$266,982
2012$273,728
2013$289,128
2014$300,764
2015$293,858
2016$281,848
2017$283,560
2018$291,826
2019$322,552
2020$342,671
2021$359,812
2022$392,713
2023$377,726
2024$358,662
2025$387,543
2026$409,372