Commercial Real Estate Market in Ketchikan, AK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
35 active listings and 673 off-market properties in Ketchikan, AK. Commercial property asks $292/SF to buy and $26.32/SF/Yr to lease.
Market Trends
Ketchikan, AK spans 2,131.5 square miles in Ketchikan Gateway County, Alaska. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Ketchikan, AK runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Ketchikan, AK runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Ketchikan, AK runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Ketchikan, AK runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Ketchikan, AK has 14,632 residents in 7,293 households. Density runs 7 people per square mile. Median household income here is $87,962 and median gross rent $1,372 a month.
14,632
Population
7,293
Households
2
Avg Household Size
40
Median Age
27%
College-Educated
95%
High-School Grad
2131.5 sq mi
ZIP Area
7
Density / Sq Mi
$87,962
Median Household Income
$48,865
Median Earnings
$1,372
Median Rent
$374,205
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Ketchikan?
Commercial property in Ketchikan, AK asks an average of $292 per square foot.
How much does it cost to lease commercial space in Ketchikan?
Asking lease rates in Ketchikan, AK average $26.32 per square foot per year.
Where does Realmo's Ketchikan market data come from?
Realmo compiles Ketchikan, AK figures from 32 active sale listings, 3 active lease listings, 673 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 32 active for-sale and 3 active for-lease listings in Ketchikan, AK. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
