Sitka Borough, AK
Land Market Insights and Pricing in Sitka Borough, Alaska
On average, land listings in Sitka Borough, AK have a lot size of 12 acres and are priced around $3,500,000. The median price per acre in Sitka Borough, AK is $302,506.
Market Trends
Properties for Sale
8
Total Acreage for Sale
11 ac
Median Lot Size
11 ac
Average Lot Size
11.6 ac
Median List Price
$3,500,000
Average List Price
$3,500,000
Median Price Per Acre
$302,506 / ac
Total Price Reductions
—
Median Days on Market
314 days
Average Days on Market
350 days
Land for Sale in Sitka Borough,
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About Sitka Borough, AK
Sitka, Alaska, offers a staggering 2,870.3 square miles of land area within its 4,811.4 total square miles, making it the largest U.S. city by area. This rugged archipelago landscape, dominated by Baranof and Chichagof Islands, features steep, glaciated mountains rising from the sea, creating a complex coastline of fjords and inlets. The Tongass National Forest blankets the region, encompassing protected wilderness areas like South Baranof and West Chichagof-Yakobi. Mount Edgecumbe, a 3,200-foot stratovolcano, punctuates the skyline. With limited flat, developable land concentrated near settlements like Sitka city, the borough's economy relies heavily on natural resources, outdoor recreation, and education. Property taxes are notably low at 0.47%, while the median worker earnings of $47,541 exceed the national average, despite a higher unemployment rate of 7.1%.
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