99901, Ketchikan, AK

Ketchikan, AK is located in the 99901 zip code. According to the 2016 American Community Survey, the median home value in this zip code is $128,000. The median home equity value is also $128,000. This means that approximately 68% of homes in this zip code have a higher value than their original purchase price. Additionally, the average home price has increased by 8% since 2013.

The reason for this increase is likely due to a number of factors including an improving economy and low interest rates. Additionally, Ketchikan has seen an influx of new residents over the past few years which has helped to drive up prices. While there are some areas of the city that are more expensive than others, overall prices have been increasing steadily throughout the city.

While it’s important to keep in mind that prices can change quickly in Ketchikan – especially given its small size – it seems clear that home values here are on track to continue rising for some time to come. If you’re thinking about buying or selling a home in this area, it might be worth considering doing so sooner rather than later as prices could go up even more before they settle down again.