Sitka, AK
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Sitka short-term rental market based on reliable data.
Listings
34 / 153
Reliable / Active
Cap Rate
8%
Middle-Earners Gross Yield
Revenue
$36,509
Middle-Earners Revenue
Occupancy
60%
Middle-Earners Occupancy
Home Value
$488,451
Median Home Sale Price
Top Earners
$59,059
Top-Earners Revenue
Sitka
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Sitka.
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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.
Local STR Agent
STR specialist · Sitka, AK
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.