The typical owner-occupied home in Seldovia is worth about $197,200, 44% below the Alaska median of $352,900 and 41% below the national median of $332,700. Owners pay a median $1,409 a year in property taxes, about 0.71% of their home's value, lower than the Alaska rate of 1.11%. The median household earns $89,583 a year, so the median home costs 2.2 times the median income (3.8 times for Alaska). 85% of occupied homes here are lived in by their owners, and 24% of those owners still have a mortgage.
Seldovia at a glance
| Seldovia | Alaska | U.S. | |
|---|---|---|---|
| Median home value | $197,200 | $352,900 | $332,700 |
| Median property tax paid per year | $1,409 | $3,901 | $3,119 |
| Property tax as a share of value | 0.71% | 1.11% | 0.94% |
| Median household income | $89,583 | $92,788 | $80,734 |
| Homes lived in by their owners | 85% | 67% | 65% |
| Owner homes with a mortgage | 24% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $1,452 | $2,229 | $1,963 |
| Those costs as a share of the owners' income | 18.5% | 21.6% | 21.0% |
| Median rent | $583 | $1,419 | $1,413 |
| Rent as a share of renters' income | 26.7% | 27.7% | 30.6% |
| Median year homes were built | 1979 | 1986 | 1980 |
| Vacant homes | 41.1% | 17.6% | 10.1% |
| Population | 202 | 735,706 | 334,922,499 |
What a typical home costs per month in Seldovia
At this week's average 30-year rate of 7.11%, buying the median Seldovia home of $197,200 with 20% down costs about $1,260 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,589, 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 $54,004 for the 20%-down payment. That payment is 17% of the median Seldovia household income of $89,583; at that income and 20% down, the 28% guideline points to a home of about $327,000.
The median rent here is $583 a month, so owning the median home costs about $677 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $39,440 |
|---|---|
| Loan amount | $157,760 |
| Principal and interest | $1,061 |
| Property taxes (0.71% a year) | $117 |
| Homeowners insurance (our estimate, 0.5% a year) | $82 |
| PMI | $0 |
| Total per month | $1,260 |
Change the numbers in the calculator
| Down payment | $6,902 |
|---|---|
| Loan amount | $193,628 |
| Principal and interest | $1,303 |
| Property taxes (0.71% a year) | $117 |
| Homeowners insurance (our estimate, 0.5% a year) | $82 |
| FHA mortgage insurance | $87 |
| Total per month | $1,589 |
Change the numbers in the calculator
Questions about home buying in Seldovia
What is the median home value in Seldovia?
About $197,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Seldovia?
Homeowners pay a median $1,409 a year, which is about 0.71% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Seldovia?
For the median home with 20% down at 7.11%, the payment is about $1,260 a month. Keeping that under 28% of gross income takes about $54,004 a year.
More about Seldovia
- Mortgage Refinance in Seldovia
- Debt Relief in Seldovia
- Home Equity Loans in Seldovia
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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