What is the median home value in Mill Bay, AK?

Name: Home values in Mill Bay, AK, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Mill Bay, AK is $463,200 (±$41,451), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

Figures last updated on November 12, 2026.

Median home value: $463,200 (±$41,451)
Owner-occupied homes: 1,230 (±213)
Most common range: $300,000 to $499,999

Home values in Mill Bay

Owner-occupied homes by value, 2020–2024
Value	Mill Bay	Kodiak Island Borough	Alaska	United States
Less than $50,000	5.3% (±6.3 points)	7.4%	5.7%	5.3%
$50,000 to $99,999	2.5% (±3.8 points)	3.3%	3.7%	6.1%
$100,000 to $149,999	0.0% (±2.0 points)	0.8%	3.9%	6.8%
$150,000 to $199,999	2.5% (±3.3 points)	4.4%	5.6%	9.0%
$200,000 to $299,999	6.3% (±7.7 points)	13.0%	18.9%	17.8%
$300,000 to $499,999	43.8% (±13.8 points)	42.7%	41.1%	26.9%
$500,000 to $999,999	25.1% (±13.8 points)	21.7%	19.1%	20.9%
$1,000,000 or more	14.5% (±8.9 points)	6.7%	1.9%	7.1%

The most common range is $300,000 to $499,999, 43.8% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Mill Bay against Kodiak Island Borough, its state and the nation

Estimate (90% margin of error)
	Mill Bay	Kodiak Island Borough	Alaska	United States
Median home value	$463,200 (±$41,451)	$412,300 (±$30,749)	$352,900 (±$3,735)	$332,700
Owner-occupied homes	1,230 (±213)	2,834 (±230)	180,833 (±2,019)	84,210,142

In Mill Bay, the median home value is not measurably different from Kodiak Island Borough ($412,300).

It is also higher than in Alaska ($352,900).

It is higher than the national figure ($332,700).

In Kodiak Island Borough, Mill Bay ranks 1 of 5 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 2 of 162.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Median home value in places near Mill Bay

Nearest places with a published estimate, compared with Mill Bay
Place	Distance	Median home value	Compared with this place
Mill Bay	—	$463,200 (±$41,451)	—
Kodiak	2.6 mi	$347,100 (±$43,020)	Lower
Port Lions	18 mi	$161,500 (±$26,013)	Lower
Larsen Bay	64 mi	$117,500 (±$57,260)	Lower
Akhiok	91 mi	$54,400 (±$31,824)	Lower
Seldovia	115 mi	$197,200 (±$67,138)	Lower
Homer	130 mi	$388,400 (±$20,629)	Lower
Kachemak	133 mi	$450,000 (±$38,529)	Not measurably different
Diamond Ridge	134 mi	$344,400 (±$38,993)	Lower

Nearby places with a measurably lower figure: Kodiak, AK ($347,100), Port Lions, AK ($161,500), Larsen Bay, AK ($117,500).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Kodiak Island Borough, place by place

Rank	Place	Median home value
1	Mill Bay	$463,200 (±$41,451)
2	Kodiak	$347,100 (±$43,020)
3	Port Lions	$161,500 (±$26,013)
4	Larsen Bay	$117,500 (±$57,260)
5	Akhiok	$54,400 (±$31,824)

Mill Bay is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Mill Bay

What is the average home value in Mill Bay, AK?

The Census Bureau publishes the median: $463,200 (±$41,451) for owner-occupied homes in Mill Bay (2020–2024 American Community Survey).

Is this what homes in Mill Bay sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Mill Bay CDP, Alaska (place:49200, in state:02).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.