
A typical Craig home is worth roughly $290,000
No new homes were permitted in 2025.
What kind of housing town is Craig?
Read from the numbers below. The page puts what stands out first.
A typical home costs 4.3 years of income
About the same as across Alaska. Try your own numbers below.
That’s $5K short of a typical Craig home.
A two-bedroom rents for about $1,180 a month here, $440 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Craig’s typical property tax (0.41% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,180
Renters already here pay a median of $1,137.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Prince of Wales-Hyder Census Area, AK): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Craig in 2025. The last year with any was 2024 (2 new homes).
Between the 2010 and 2020 censuses, Craig's population fell by 165 even though 50 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Alaska: 1.8 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 2 | 2 | 0 | $719,000 |
| 2023 | 2 | 2 | 0 | $764,000 |
| 2022 | 6 | 6 | 0 | $2 million |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 9 | 3 | 6 | $1.9 million |
| 2018 | 3 | 1 | 2 | $630,000 |
| 2017 | 15 | 3 | 12 | $2.9 million |
| 2016 | 8 | 3 | 5 | $1.6 million |
| 2015 | 2 | 0 | 2 | $355,000 |
| 2014 | 4 | 2 | 2 | $854,000 |
| 2013 | 3 | 3 | 0 | $744,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 2 | 2 | 0 | $441,000 |
| 2010 | 4 | 2 | 2 | $707,000 |
| 2009 | 6 | 2 | 4 | $1.1 million |
| 2008 | 3 | 3 | 0 | $659,000 |
| 2007 | 11 | 1 | 10 | $1.3 million |
| 2006 | 5 | 3 | 2 | $777,000 |
| 2005 | 3 | 3 | 0 | $511,000 |
| 2004 | 7 | 7 | 0 | $1.1 million |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 2 | 2 | 0 | $130,000 |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 1 | 1 | 0 | $129,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
70% of Craig households own their home
Half of Craig’s homes were built before 1983.
Alaska: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Neighbors talk housing
What Craig buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.