AK

Alaska Housing Market

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

$416K

Median Price

24

Days on Market

3.1

Months Supply

+8.0%

YoY Change

Balanced Market

Market Type

Buyer's Markets (7) Seller's Markets (17) Cheapest Cities Fastest Selling Rising Markets (10) Price Drops (6)

Market Dashboard

Market Summary

Buyer's Markets

7

cities with 6+ months supply

Balanced Markets

20

cities with 3-6 months supply

Seller's Markets

17

cities with <3 months supply

Top 10 Most Affordable Cities in Alaska

Ranked by lowest median home price.

City Median Price DOM
1. South Van Horn $45K 557d
2. Petersville $75K 1d
3. Knik River $105K 50d
4. Skwentna $125K 20d
5. Trapper Creek $136K 46d
6. Susitna $160K 17d
7. Eielson AFB $180K 99d
8. Moose Creek $199K 23d
9. Harding-Birch Lakes $207K 17d
10. Chase $235K 46d

🏰 Top 10 Most Expensive Cities in Alaska

Ranked by highest median home price.

City Median Price DOM
1. Sutton-Alpine $878K 25d
2. Gateway $586K 24d
3. Farm Loop $560K 9d
4. Butte $558K 15d
5. Salcha $536K 94d
6. Juneau $530K 17d
7. Saxman $505K 28d
8. Steele Creek $487K 51d
9. Buffalo Soapstone $485K 13d
10. Fishhook $475K 17d

Top Buyer's Markets in Alaska

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

City Months Supply Median Price DOM
1. Knik River 16.1 mo $105K 50d
2. Buffalo Soapstone 9.6 mo $485K 13d
3. Talkeetna 7.6 mo $377K 26d
4. Willow 7.1 mo $272K 19d
5. Susitna North 6.6 mo $297K 37d
6. Sutton-Alpine 6.4 mo $878K 25d
7. Chase 6.1 mo $235K 46d

Top Seller's Markets in Alaska

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

City Months Supply Median Price DOM
1. Two Rivers 0.8 mo $325K 51d
2. Glacier View 1.6 mo $460K 0d
3. Lazy Mountain 1.6 mo $407K 28d
4. Moose Creek 1.6 mo $199K 23d
5. Salcha 1.6 mo $536K 94d
6. Anchorage 1.8 mo $450K 10d
7. Palmer 1.8 mo $404K 17d
8. Juneau 2.1 mo $530K 17d
9. Badger 2.5 mo $360K 58d
10. Meadow Lakes 2.5 mo $439K 26d

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. Petersville 1d $75K
2. Chickaloon 9d $370K
3. Farm Loop 9d $560K
4. Anchorage 10d $450K
5. Tanaina 12d $439K
6. Buffalo Soapstone 13d $485K
7. Butte 15d $558K
8. Knik-Fairview 15d $407K
9. Fishhook 17d $475K
10. Harding-Birch Lakes 17d $207K

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. Ester +58.9% $265K
2. Houston +52.4% $385K
3. Salcha +27.4% $536K
4. Butte +26.9% $558K
5. Steele Creek +25.7% $487K
6. North Pole +25.3% $400K
7. Farmers Loop +24.9% $415K
8. Gateway +22.2% $586K
9. South Lakes +18.7% $475K
10. Chena Ridge +18.7% $450K

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. Big Lake -10.6% $340K
2. Goldstream -7.1% $250K
3. Ketchikan -3.2% $382K
4. Wasilla -3.1% $470K
5. Badger -1.7% $360K
6. Knik-Fairview -0.0% $407K

All 49 Cities in Alaska

Alaska Real Estate Market Overview

The Alaska housing market currently shows balanced market conditions, with a median sale price of $416K and 3.1 months of inventory supply. Homes in Alaska typically sell in 24 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 balanced market based on months of supply data. The market is relatively balanced, offering fair conditions for both buyers and sellers. 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 $416K as of September 2026. Prices range significantly across the state, with Sutton-Alpine among the most expensive areas and South Van Horn 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 Petersville with a median of 1 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. Balanced conditions offer a fair environment for well-prepared buyers. 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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