Home Insurance in Wasilla, Alaska
With a median home value of $358,400, Wasilla is close to the Matanuska-Susitna Borough median.
The typical home in Wasilla was built around 1993. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 5% of homes were built before 1960, about 2 points above Matanuska-Susitna Borough's 3%.
The housing stock in Wasilla is 52% single-family homes, 22% apartments in buildings with 5+ units and 2% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
In Wasilla, about 73% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Wasilla has an owner-occupancy rate of 48% and a vacancy rate of 6%; unoccupied homes typically need a different coverage form.
82% of homes in Wasilla are primarily heated with natural gas.
What's the biggest home insurance risk near Wasilla? FEMA's National Risk Index points to earthquake (Relatively High) in Matanuska-Susitna Borough and Matanuska-Susitna Borough had 215 active NFIP flood policies as of September 2026. See the full Matanuska-Susitna Borough home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
In Alaska, the statewide average premium for a standard HO-3 homeowners policy is $1,216 per year (NAIC, 2023 data).
Key figures
| Median home value | $358,400 |
|---|---|
| Median year built | 1993 |
| Owner-occupied share | 48% |
| Share of owner-occupied homes with a mortgage | 73% |
| Top county hazard | Earthquake (Relatively High) |
| Active NFIP policies in Matanuska-Susitna Borough | 215 |
| Home insurance premium | $1,216 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)