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 61 acres and are priced around $676,000. The median price per acre in Petersburg Borough, AK is $4,382.
Market Trends
Properties for Sale
50
Total Acreage for Sale
183 ac
Median Lot Size
37 ac
Average Lot Size
61.3 ac
Median List Price
$150,000
Average List Price
$676,000
Median Price Per Acre
$4,382 / ac
Total Price Reductions
Median Days on Market
448 days
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 combined value of farmsand rural real estate for sale in Alaska's Petersburg Borough recently on Land.com was around $7 million. This represents approximately 1,000 acres of farms and rural land for sale in Petersburg Borough. Petersburg Borough ranks eighth out of zero counties in the state for the combined amount of land currently advertised for sale. Petersburg featured the most land for sale.

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Alaska Regions - Market Value Insights

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Disclaimer: The metrics displayed on this page are calculated based on listings advertised on the Land Network for properties over 10 acres, excluding commercial properties. The data reflects the characteristics and trends of these specific types of listings. If you have any questions or need more detailed information, please contact Customer Support.