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Buying a home in Kasigluk, Alaska

The typical owner-occupied home in Kasigluk is worth about $63,500, 82% below the Alaska median of $352,900 and 81% below the national median of $332,700. The median household earns $60,833 a year, so the median home costs 1.0 times the median income (3.8 times for Alaska). 84% of occupied homes here are lived in by their owners, and 15% of those owners still have a mortgage.

Kasigluk at a glance

Kasigluk Alaska U.S.
Median home value $63,500 $352,900 $332,700
Median property tax paid per year – $3,901 $3,119
Median household income $60,833 $92,788 $80,734
Homes lived in by their owners 84% 67% 65%
Owner homes with a mortgage 15% 60% 61%
Median monthly costs, owners with a mortgage $392 $2,229 $1,963
Those costs as a share of the owners' income 9.0% 21.6% 21.0%
Median rent $719 $1,419 $1,413
Rent as a share of renters' income 12.3% 27.7% 30.6%
Median year homes were built 1986 1986 1980
Vacant homes 9.0% 17.6% 10.1%
Population 698 735,706 334,922,499

What a typical home costs per month in Kasigluk

At this week's average 30-year rate of 7.11%, buying the median Kasigluk home of $63,500 with 20% down costs about $426 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $532, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $18,274 for the 20%-down payment. That payment is 8% of the median Kasigluk household income of $60,833; at that income and 20% down, the 28% guideline points to a home of about $211,000.

The median rent here is $719 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$12,700
Loan amount$50,800
Principal and interest$342
Property taxes (1.10% a year)$58
Homeowners insurance (our estimate, 0.5% a year)$26
PMI$0
Total per month$426

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3.5% down, 30-year FHA loan
Down payment$2,222
Loan amount$62,350
Principal and interest$419
Property taxes (1.10% a year)$58
Homeowners insurance (our estimate, 0.5% a year)$26
FHA mortgage insurance$28
Total per month$532

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Questions about home buying in Kasigluk

What is the median home value in Kasigluk?

About $63,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

What income do you need to buy a home in Kasigluk?

For the median home with 20% down at 7.11%, the payment is about $426 a month. Keeping that under 28% of gross income takes about $18,274 a year.

More about Kasigluk

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data