Alaska Mortgage Rates & Home Prices (2026)
Median price: $338,000 · Avg. rate: 6.95%
Alaska Market Overview
$338,000
Median Home Price
6.95%
Avg. 30-Yr Rate
1.04%
Property Tax Rate
64.2%
Homeownership Rate
Alaska's housing market is shaped by its remote geography and harsh climate. The Alaska Housing Finance Corporation (AHFC) offers competitive rates and down payment assistance. Many rural areas qualify for USDA loans with zero down payment.
Estimated Monthly Payment
Median home in Alaska (20% down, 30-yr fixed)
$2,224/mo
Principal & Interest$1,790
Property Taxes$293
Home Insurance (est.)$141
Total Monthly (PITI)$2,224
Based on a $338,000 home with 20% down ($270,400 loan) at 6.95%. Does not include PMI, HOA, or other fees.
First-Time Buyer Programs in Alaska
- AHFC First Home Program
- AHFC Tax-Exempt Mortgage Program
- AHFC Veterans Mortgage Program
Contact your state's Housing Finance Agency for current program availability and requirements.
Rate Comparison: AK Rates
30-Year Fixed6.95%
15-Year Fixed6.20%
5/1 ARM (est.)6.20%
FHA 30-Year6.80%
VA 30-Year6.70%
Rates are estimates based on state averages and may vary by lender and borrower qualifications.
Frequently Asked Questions
Key Stats: AK
FHA Loan Limit$472,030
Median Income$77,640
Cost Index1.18x