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Land and home values in Alaska

Across Alaska's 30 counties, residential land is about $7.46 per sq ft at the state median ($324,783 an acre). The typical home is worth about $394,000 and a 2-bedroom rents for about $1,540 a month. Largest city: Anchorage; capital: Juneau. Values as of October 12, 2026.

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State values

Land: residential$7.46per sq ft
Land: residential$324,783per acre
Land: quarter-acre lot$81,19610,890 sq ft
Home: typical (median)$394,000value
Home: entry-level$278,000lower quartile
Home: upper-end$509,000upper quartile
Build new$177per sq ft, no land
Rent: 1-bedroom$1,200per month
Rent: 2-bedroom$1,540per month
Rent: 3-bedroom$2,130per month
Rent: 4-bedroom$2,540per month
Gross yield, 2-bed4.7%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Top tier8$16.70$682,000$1,760
Upper24$14.50$487,000$1,770
Mid32$14.20$400,000$1,620
Entry28$12.70$331,000$1,520
Small town8$11.90$441,000$1,600
Rural30$4.89$372,000$1,440
Farmland47$4.09$342,000$1,380

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Every county

CountySettingLand $/sq ftPer acreTypical homeRent 2-bed
Sitka City and BoroughRural$19.70$858,132$520,000$1,540
Juneau City and BoroughSmall town$19.30$840,708$532,000$1,900
Anchorage MunicipalityMetro core$14.90$649,044$426,000$1,780
Ketchikan Gateway BoroughSmall town$11.90$518,364$403,000$1,600
Kodiak Island BoroughRural$9.23$401,885$441,000$2,260
Aleutians West Census AreaRural$8.29$361,156$540,000$2,230
Skagway MunicipalityRural$7.81$340,073$509,000$1,640
Haines BoroughRural$7.64$332,755$343,000$1,360
Kenai Peninsula BoroughRural$6.01$261,708$387,000$1,380
Matanuska-Susitna BoroughSuburban$5.81$253,258$391,000$1,400
Petersburg BoroughRural$4.96$216,058$368,000$1,460
Chugach Census AreaRural$4.91$213,880$352,000$1,800
Southeast Fairbanks Census AreaRural$4.73$206,213$368,000$1,340
Wrangell City and BoroughRural$4.55$198,024$346,000$1,220
Copper River Census AreaRural$4.47$194,626$342,000$1,130
North Slope BoroughRural$4.23$184,433$364,000$1,680
Denali BoroughRural$4.09$178,204$321,000$1,530
Fairbanks North Star BoroughMetro core$4.01$174,893$334,000$1,510
Hoonah-Angoon Census AreaRural$3.84$167,183$307,000$1,460
Bristol Bay BoroughRural$3.49$152,199$287,000$1,260
Lake and Peninsula BoroughRural$3.33$145,011$278,000$1,030
Bethel Census AreaRural$3.28$143,007$313,000$1,620
Yakutat City and BoroughRural$2.98$129,722$256,000$1,390
Prince of Wales-Hyder Census AreaRural$2.79$121,489$238,000$1,060
Northwest Arctic BoroughRural$1.52$66,081$137,000$1,470
Aleutians East BoroughRural$1.51$65,863$158,000$1,380
Nome Census AreaRural$1.37$59,547$120,000$1,260
Dillingham Census AreaRural$0.98$42,776$97,000$1,040
Yukon-Koyukuk Census AreaRural$0.95$41,600$114,000$1,210
Kusilvak Census AreaRural$0.78$33,803$98,500$975

Questions people ask

How much is land worth in Alaska?

Residential land in Alaska is about $7.46 per square foot, or $324,783 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $81,196. Smaller lots sell for more per square foot and large tracts for less.

Where is land most expensive in Alaska?

The highest county medians for residential land are Sitka City and Borough ($19.70 per sq ft), Juneau City and Borough ($19.30 per sq ft), Anchorage Municipality ($14.90 per sq ft), Ketchikan Gateway Borough ($11.90 per sq ft).

Where is land cheapest in Alaska?

The lowest county medians are Kusilvak Census Area ($0.78 per sq ft), Yukon-Koyukuk Census Area ($0.95 per sq ft), Dillingham Census Area ($0.98 per sq ft), Nome Census Area ($1.37 per sq ft); farmland and remote acreage are cheaper still.

What is the typical home value in Alaska?

The typical (median) home in Alaska is worth about $394,000, with entry-level homes around $278,000 and upper-end homes around $509,000, as of October 2026.

How much is rent in Alaska?

A 2-bedroom rents for about $1,540 a month in Alaska, a 1-bedroom about $1,200 and a 3-bedroom about $2,130 (gross rent including utilities, HUD Fair Market Rent basis).

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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