Petersburg Borough, AK
Land Market Insights and Pricing in Petersburg Borough, Alaska
On average, land listings in Petersburg Borough, AK have a lot size of 50 acres and are priced around $522,000. The median price per acre in Petersburg Borough, AK is $4,218.
Market Trends
Properties for Sale
44
Total Acreage for Sale
200 ac
Median Lot Size
27.4 ac
Average Lot Size
50.1 ac
Median List Price
$114,000
Average List Price
$522,000
Median Price Per Acre
$4,218 / ac
Total Price Reductions
1 property
Median Days on Market
582 days
Land for Sale in Petersburg Borough,
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About Petersburg Borough, AK
Founded more than a century ago by Norwegian fishermen, Petersburg Borough bills itself Alaska's "Little Norway." The county's namesake, Peter Buschmann, was a Norwegian immigrant who arrived here in the 1890s and set about building a cannery, sawmill and dock at the north end of Mitkof Island. The cannery has been in continuous operation since that time and today Petersburg is one of Alaska's most vibrant fishing communities. The current cannery operator, Petersburg Fisheries, employs over 500 people and processes seafood products like Alaskan King crab, Dungeness crab, halibut, herring and salmon for shipment to markets throughout the world. The total value of farms, hunting land and other rural land and acreage for sale in Alaska's Petersburg Borough recently on Land.com was approximately $5 million. This represents almost 1,000 acres of farms, hunting land and other rural land and acreage for sale in Petersburg Borough. Petersburg Borough ranks seventh in Alaska for the combined amount of land currently advertised for sale. Of all farms, hunting land and other rural land and acreage for sale in Petersburg Borough, Petersburg featured the most land for sale.
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