House Prices

House Prices & Home Values Pedro Bay, AK 2026


Average Data

average house price$675,000
average size per house1800 ft²
average price per ft²375 $ / ft²

04/20/2026 - The value range (VR) for house prices in Pedro Bay, AK is $375/ sqft to $375/ sqft. An average home with 1800 sqft costs approximately $675,000 to $675,000. Pedro Bay, AK includes 1 ZIP codes and it is located in Lake and Peninsula county. The lowest prices are found in ZIP 99647, while the highest are in ZIP 99647. The average price per sqare feet is $375. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Pedro Bay

99647340 $ / ft²




Historical development of home values in Pedro Bay

Year Estimated value (USD) Change vs. 2025
2010 $313,482 -53.6%
2011 $301,360 -55.4%
2012 $300,548 -55.5%
2013 $311,782 -53.8%
2014 $327,285 -51.5%
2015 $344,083 -49.0%
2016 $362,039 -46.4%
2017 $381,580 -43.5%
2018 $402,676 -40.3%
2019 $421,347 -37.6%
2020 $443,129 -34.4%
2021 $504,011 -25.3%
2022 $587,564 -13.0%
2023 $619,614 -8.2%
2024 $655,459 -2.9%
2025 $675,000 0.0%

Graph: estimated home values in Pedro Bay over time (USD)



Example: 100% financing house in Pedro Bay

Loan amount: $675,000

Interest rate: 6.00%

Fixed monthly payment: $4,046.97

Breakdown in the 1st month:
Interest portion: $3,375.00  –  Principal portion: $671.97

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $40,274.51 $8,289.08 $666,710.92
2 $39,763.26 $8,800.33 $657,910.59
3 $39,220.48 $9,343.12 $648,567.47
4 $38,644.21 $9,919.38 $638,648.09
5 $38,032.41 $10,531.19 $628,116.91
6 $37,382.87 $11,180.73 $616,936.18
7 $36,693.26 $11,870.33 $605,065.85
8 $35,961.13 $12,602.46 $592,463.39
9 $35,183.84 $13,379.76 $579,083.63
10 $34,358.60 $14,204.99 $564,878.64
11 $33,482.47 $15,081.12 $549,797.52
12 $32,552.30 $16,011.29 $533,786.23
13 $31,564.76 $16,998.84 $516,787.39
14 $30,516.31 $18,047.29 $498,740.10
15 $29,403.19 $19,160.40 $479,579.70
16 $28,221.42 $20,342.18 $459,237.52
17 $26,966.76 $21,596.84 $437,640.69
18 $25,634.71 $22,928.88 $414,711.81
19 $24,220.51 $24,343.09 $390,368.72
20 $22,719.08 $25,844.51 $364,524.21
21 $21,125.05 $27,438.55 $337,085.66
22 $19,432.70 $29,130.90 $307,954.76
23 $17,635.97 $30,927.63 $277,027.14
24 $15,728.42 $32,835.17 $244,191.96
25 $13,703.22 $34,860.38 $209,331.59
26 $11,553.10 $37,010.49 $172,321.10
27 $9,270.38 $39,293.21 $133,027.89
28 $6,846.86 $41,716.73 $91,311.15
29 $4,273.86 $44,289.73 $47,021.42
30 $1,542.17 $47,021.42 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Pedro Bay, AK


1500 sqft3900 sqft
Ø selling price$680,625$1,447,876
Ø fast selling$618,750$1,303,088
Ø high price sale$742,501$1,592,663

In 2026, houses in Pedro Bay, AK will be offered at an average price of $375 per square foot. A 1,500 sqft home priced at $680,625 is 20.82% more expensive per square foot than a 3,900 sqft home priced at $1,447,876. Home prices in Pedro Bay, AK vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $1,002,376. Sellers who can wait longer may achieve a higher price of up to $1,225,125.


Pedro Bay, Alaska: Remote Beauty on Lake Iliamna

Overview

Pedro Bay, AK is a small Dena'ina Athabascan community on the eastern shore of Lake Iliamna in the Bristol Bay region.
The village offers sweeping tundra and lake vistas, abundant wildlife, and a quiet, subsistence-focused way of life. With no road connections, Pedro Bay is accessible primarily by small aircraft and seasonal watercraft, preserving its remote character.

History and Culture

The area has been inhabited for thousands of years, and today the Pedro Bay Corporation and local tribal organizations steward lands and cultural resources. Visitors can learn about Dena'ina traditions, including fishing, berry picking, and respectful land practices that sustain the community. Historic portage routes near Iliamna Lake reflect long-standing trade and travel patterns across Southwest Alaska.

Nature and Recreation

Outdoor enthusiasts come for trophy sportfishing, especially salmon and trout runs that make Bristol Bay world-renowned. Hiking across gentle ridgelines, kayaking the clear waters of Lake Iliamna, and wildlife viewing offer quiet, low-impact adventures. The subarctic maritime climate brings cool summers, snowy winters, and rapidly changing weather, so layered gear and local guidance are essential.

Travel Tips and Services

Lodging and services are limited, so plan ahead for flights, guided outings, and supplies, and always respect private lands and the community?s pace of life.



FAQ – Home Values in Pedro Bay

What is the median home value in Pedro Bay in 2026?

In 2026, the typical home value in Pedro Bay is about $675,000 for an average home size of 1800 square feet. This corresponds to an average price of roughly $375 per square foot.

What is the average cost per square foot in Pedro Bay?

In 2026, homes in Pedro Bay sell for an average of around $375 per square foot, with a typical range between $375 and $375 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Pedro Bay is about 1800 square feet, with an estimated 2026 value around $675,000.



Locations close to Pedro Bay, AK

Perryville, AK163 $ / ft²
Pilot Point, AK170 $ / ft²
Pilot Station, AK110 $ / ft²
Palmer, AK142 $ / ft²
Ouzinkie, AK165 $ / ft²
Old Harbor, AK174 $ / ft²
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