Skagway Municipality, Alaska Housing Market
In Skagway Municipality, Alaska, the median home value is $435,400, with a median monthly rent of $1,280. This places Skagway Municipality at #212 nationally out of 3134 counties by median home value, and #3 within Alaska.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,026
- Establishments: 103
- BLS QCEW, 2025
Housing Supply
- Single-family: 6
- Multi-family: 4
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 522 (avg $68,308)
- Outflow: 472 (avg $69,583)
- IRS Statistics of Income
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| Metric | Skagway Municipality | Alaska Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $435,400 | $283,493 | $227,706 |
| Median Gross Rent | $1,280 | $1,248 | $968 |
| Owner Occupancy Rate | 70.9% | 64.7% | 73.3% |
| Price/Rent Ratio | 28.3 | 19.0 | 18.7 |
Market Analysis
The median home value in Skagway Municipality is 53.6% above the Alaska state average and 91.2% above the U.S. national average. The median rent of $1,280/month is 2.6% above the state average.
With a price-to-rent ratio of 28.3, Skagway Municipality is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Skagway Municipality has an owner-occupancy rate of 70.9%, compared to 64.7% in Alaska and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Cherokee County | Georgia | $435,100 | $1,799 |
| Aleutians West Census Area | Alaska | $434,700 | $1,982 |
| Cape May County | New Jersey | $434,600 | $1,360 |
| Fayette County | Georgia | $436,400 | $1,898 |
| Montgomery County | Pennsylvania | $436,700 | $1,683 |
Other Counties in Alaska
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Aleutians West Census Area | $434,700 | $1,982 | 33.5% |
| Juneau City and Borough | $449,300 | $1,444 | 63.6% |
| Sitka City and Borough | $450,300 | $1,341 | 61.7% |
| Kodiak Island Borough | $412,300 | $1,765 | 61.1% |
| Anchorage Municipality | $395,900 | $1,489 | 63.9% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).