Is Sitka, AK 99835 a buyer’s or seller’s market?
Sitka is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Sitka housing market right now
In the three months ending August 31, 2026, 0% of homes in Sitka, AK 99835 sold above their list price, the typical home went under contract in 12 days and there were 4.3 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 12 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold about as fast and the median sale price fell 44% to $394,329. Overall, Sitka is about as competitive as it was a year ago.
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Where Sitka is
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Questions about Sitka real estate
Is Sitka a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Sitka, AK 99835 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 Sitka?
The typical home went under contract in 12 days in the latest three months.
Do homes in Sitka sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Sitka?
About 0.46% of a home’s value a year in Sitka City and Borough, or roughly $1,840 on a $400,000 home.
What is the median home price in Sitka?
The median sale price was $394,329 in the three months ending August 31, 2026, about $343 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