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Western Kentuckians find community and holiday spirit in the wake of tornadoes

Kodiak real estate market reaches unprecedented highs

It’s a seller’s market in Kodiak real estate, as shown by sale prices and property tax assessments.  Grant Shields has been selling homes in Kodiak since 1996, and he says the market has always gone up.  “But it was a reasonable appreciation,” he said.  In 2016, the average home sale was $300,000, according to data from the Alaska Housing Finance Corporation. Average prices had hovered around $300,000 since 2010.  Today, they’re as high as they’ve ever been in the last 10 years. The average sale price in 2020 was $351,000, though data from the year’s fourth quarter isn’t available yet. And that’s steady from 2019, when the average sale price was $349,000. 

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