AK

Alaska Housing Market

2026 Market Report & Data · Data through May 2026 · Source: Redfin

$427K

Median Price

22

Days on Market

2.2

Months Supply

+4.9%

YoY Change

Seller's Market

Market Type

Buyer's Markets (4) Seller's Markets (27) Cheapest Cities Fastest Selling Rising Markets (10) Price Drops (6)

Market Dashboard

Market Summary

Buyer's Markets

4

cities with 6+ months supply

Balanced Markets

11

cities with 3-6 months supply

Seller's Markets

27

cities with <3 months supply

Top 10 Most Affordable Cities in Alaska

Ranked by lowest median home price.

City Median Price DOM
1. Two Rivers $42K 23d
2. South Van Horn $45K 557d
3. Skwentna $119K 80d
4. Ester $140K 47d
5. Saxman $154K 118d
6. Susitna $160K 17d
7. Lake Louise $161K 84d
8. Eielson AFB $180K 99d
9. Farmers Loop $198K 35d
10. Fox $210K 106d

🏰 Top 10 Most Expensive Cities in Alaska

Ranked by highest median home price.

City Median Price DOM
1. Point MacKenzie $1000K 167d
2. Juneau $678K 29d
3. North Lakes $578K 15d
4. Farm Loop $547K 32d
5. Lazy Mountain $545K 8d
6. Fishhook $525K 24d
7. Gateway $510K 34d
8. Butte $490K 23d
9. Glacier View $488K 146d
10. Lakes $475K 15d

Top Buyer's Markets in Alaska

4 cities have more than 6 months of inventory — buyers can negotiate.

City Months Supply Median Price DOM
1. Juneau 30.0 mo $678K 29d
2. Talkeetna 14.0 mo $270K 64d
3. Ketchikan 10.5 mo $267K 8d
4. Willow 6.5 mo $349K 31d

Top Seller's Markets in Alaska

27 cities have less than 3 months of inventory — sellers have the advantage.

City Months Supply Median Price DOM
1. Palmer 0.9 mo $415K 11d
2. Tanaina 0.9 mo $435K 10d
3. Glacier View 1.0 mo $488K 146d
4. Harding-Birch Lakes 1.0 mo $400K 7d
5. Moose Creek 1.0 mo $359K 56d
6. Point MacKenzie 1.0 mo $1000K 167d
7. Susitna 1.0 mo $160K 17d
8. Two Rivers 1.0 mo $42K 23d
9. Farm Loop 1.1 mo $547K 32d
10. Farmers Loop 1.1 mo $198K 35d

Top 10 Fastest Selling Cities in Alaska

Cities where homes sell fastest, ranked by lowest median days on market.

City Days on Market Median Price
1. Knik River 2d $260K
2. Buffalo Soapstone 5d $235K
3. Harding-Birch Lakes 7d $400K
4. Ketchikan 8d $267K
5. Lazy Mountain 8d $545K
6. Anchorage 9d $456K
7. Tanaina 10d $435K
8. Palmer 11d $415K
9. South Lakes 11d $475K
10. Wasilla 13d $426K

Top Rising Markets in Alaska

Cities with the largest year-over-year price gains. Appreciation can signal momentum, but also affordability pressure.

City YoY Change Median Price
1. North Lakes +40.8% $578K
2. Steele Creek +30.8% $435K
3. Lakes +17.9% $475K
4. College +15.7% $387K
5. Palmer +10.8% $415K
6. Tanaina +7.5% $435K
7. Anchorage +7.2% $456K
8. Badger +2.6% $390K
9. Knik-Fairview +2.0% $455K
10. Big Lake +1.2% $379K

Cities with Price Drops in Alaska

Cities with year-over-year price declines. These can be buying opportunities — or signals of softening demand.

City YoY Change Median Price
1. Farmers Loop -35.6% $198K
2. Fishhook -18.6% $525K
3. North Pole -16.0% $315K
4. Meadow Lakes -12.2% $373K
5. Wasilla -12.0% $426K
6. Gateway -7.0% $510K

All 52 Cities in Alaska

Alaska Real Estate Market Overview

The Alaska housing market currently shows seller's market conditions, with a median sale price of $427K and 2.2 months of inventory supply. Homes in Alaska typically sell in 22 days.

Key Market Insights for Alaska

Finding an Agent in Alaska

Whether you're buying or selling in Alaska, working with a local real estate agent who understands these market dynamics can help you achieve the best outcome. Our network of verified agents across Alaska provides expert guidance tailored to your specific city and neighborhood.

Frequently Asked Questions About Alaska Real Estate

Is Alaska a buyer's or seller's market in 2026?

Alaska is currently classified as a seller's market based on months of supply data. Low inventory gives sellers an advantage with faster sales and less price negotiation. Market conditions vary by city, so check local data for your specific area.

What is the median home price in Alaska?

The median home price in Alaska is approximately $427K as of May 2026. Prices range significantly across the state, with Point MacKenzie among the most expensive areas and Two Rivers offering more affordable options. Work with a local real estate agent for the most current pricing in your target neighborhoods.

How long does it take to sell a house in Alaska?

Selling timelines in Alaska vary by city and market conditions. The fastest-selling markets include Knik River with a median of 2 days on market. Factors like pricing strategy, home condition, location, and seasonality all affect how quickly a home sells. A skilled listing agent can help price and market your home for a faster sale.

Should I buy a house in Alaska right now?

Whether to buy in Alaska depends on your personal finances, timeline, and target market. The competitive market means acting quickly and being prepared with financing. Consider factors like mortgage rates, your job stability, how long you plan to stay, and local price trends. Consult with a local real estate agent who can advise on specific neighborhoods.

How do I find a real estate agent in Alaska?

Start by researching agents with proven experience in your target Alaska market. Look for agents with strong local transaction history, positive client reviews, and expertise in your price range. Interview at least 2-3 agents before choosing. Ask about their recent sales, marketing strategy, and communication style. Our directory features verified agents across Alaska to help you find the right match.

Find a Alaska Real Estate Agent

Connect with a local expert who knows your market.

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