Sitka, AK

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Sitka short-term rental market based on reliable data.

Listings

55 / 152

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$39,397

Middle-Earners Revenue

Occupancy

61%

Middle-Earners Occupancy

Home Value

$472,854

Median Home Sale Price

Top Earners

$60,607

Top-Earners Revenue

Sitka

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Sitka.

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C

Challenging to Investors

Sitka Regulations

Strict primary-residence requirement and mandatory Conditional Use Permit with Planning Commission hearings, plus non-transferable, use-it-or-lose-it permits create high compliance and exit risk, limiting investor viability.

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About Sitka

Sitka (Tlingit: Sheetʼká; Russian: Ситка) is a unified city-borough in the southeast portion of the U.S. state of Alaska. It was under Russian rule from 1799 to 1867. The city is situated on the west side of Baranof Island and the south half of Chichagof Island in the Alexander Archipelago of the Pacific Ocean (part of the Alaska Panhandle). As of the 2020 census, Sitka had a population of 8,458, making it the fifth-most populated city in the state. With a consolidated land area of 2,870.3 square miles (7,434 square kilometers) and total area (including water) of 4,811.4 square miles (12,461 km2), Sitka is the largest city by total area in the U.S.

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