Is Kodiak, AK 99615 a buyer’s or seller’s market?
Kodiak is a balanced market. With about 5.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 22% of U.S. ZIP codes, and #29 of 32 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
The Kodiak housing market right now
In the three months ending August 31, 2026, 0% of homes in Kodiak, AK 99615 sold above their list price, the typical home went under contract in 34 days and there were 5.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 5%, homes sold about as fast and the median sale price fell 34% to $304,868. Overall, Kodiak is less competitive than a year ago, which gives buyers more room.
Run the numbers for 99615
Nearby markets
Larsen Bay 99624 $83 /sq ftOuzinkie 99644 — /sq ftPort Lions 99550 — /sq ft Browse all markets →Where Kodiak is
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Questions about Kodiak real estate
Is Kodiak a buyer’s or seller’s market?
A balanced market: there were 5.4 months of supply in Kodiak, AK 99615 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Kodiak?
The typical home went under contract in 34 days in the latest three months.
Do homes in Kodiak sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.
What are property taxes in Kodiak?
About 0.87% of a home’s value a year in Kodiak Island Borough, or roughly $3,480 on a $400,000 home.
What is the median home price in Kodiak?
The median sale price was $304,868 in the three months ending August 31, 2026, about $273 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology