$84,000
D001 W Armstrong Rd
Big Lake, AK
Land11.88 acres
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Big Lake, AK Housing Market
Balanced market+16.8% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The last median sale price Redfin published was $379,450, +16.8% year over year (through May 2026). With 3.7 months of supply and homes going under contract in about 30 days, Big Lake is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $379,450 home is about $2,026/mo in principal and interest.
Key numbers for Big Lake, AK
Median sale price
$379,450
+16.8% year over year
Redfin, through May 2026
Days on market
30
Average pace
Redfin, through May 2026
Active listings
37
3.7 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$76,292
Home costs 5.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
94.7%
Selling below asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Big Lake a buyer's or seller's market?
Balanced market3.7 months of supply30 days on market94.7% of asking
Big Lake, AK is a balanced market, based on 3.7 months of supply and homes selling in about 30 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Big Lake housing market data show?
Every row below is Redfin's final published month for Big Lake, AK. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $379,450 |
| Median list price | $416,750 |
| Year-over-year price change | +16.8% |
| Median price per sq ft | $243/sq ft |
| Median days on market | 30 days |
| Active inventory | 37 listings |
| Months of supply | 3.7 months |
| Sale-to-list price ratio | 94.7% |
| Homes sold (that month) | 10 |
| New listings (that month) | 26 |
| Listings with a price cut | 13.5% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Big Lake is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Big Lake is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Big Lake home prices moved?
Over the last three years the median sale price in Big Lake, AK rose 51.8%, from $250,000 to $379,450. 13.5% of Big Lake listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 3.7 months while the sale-to-list ratio slips below its current 94.7%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Big Lake?
Priced off the median sale price of $379,450 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $75,890 | $303,560 | $2,026/mo |
| 5% | $18,973 | $360,478 | $2,406/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,026, that implies roughly $86,816 a year before you add taxes and insurance. The median household in Big Lake earns $76,292, about $10,524 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 5.0x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Big Lake in the next 12 months?
Tell us your timeline. We send the Big Lake market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Big Lake?
Zillow does not publish a rent index (ZORI) for Big Lake, AK, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Big Lake?
Active listings in Big Lake, AK went from 35 in May 2025 to 37 in May 2026, a +5.7% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 38 | 17 |
| July 2025 | 37 | 13 |
| August 2025 | 38 | 13 |
| September 2025 | 47 | 17 |
| October 2025 | 38 | 7 |
| November 2025 | 30 | 6 |
| December 2025 | 28 | 4 |
| January 2026 | 26 | 5 |
| February 2026 | 26 | 11 |
| March 2026 | 30 | 21 |
| April 2026 | 32 | 14 |
| May 2026 | 37 | 26 |
Redfin, through May 2026
How does Big Lake compare to Alaska and the U.S.?
Big Lake homes sell for $379,450 — 11% below the Alaska median of $427,100. Against the national median of $410,700, Big Lake runs 8% lower. Year-over-year, Big Lake moved +16.8% against Alaska's +4.2% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Big Lake, AK | $379,450 | +16.8% | 30 days |
| Alaska statewide | $427,100 | +4.2% | 22 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Big Lake
What buyers should watch
- Months of supply, currently 3.7. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 13.5%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $380 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $379,450 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Big Lake listing goes under contract in 30 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 94.7% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Big Lake added 26 new listings against 10 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Big Lake varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Big Lake
There are currently 37 homes listed for sale in Big Lake, Alaska. The median listing price is $417K. Featured listings range from $84,000 to $795,000.
$157,000
3994 S Arrowhead St
Big Lake, AK
Land4.92 acres
View photos & details
$175,000
Tr D-2 Kenaka Bena Loop
Big Lake, AK
Land10.00 acres
View photos & details
$199,000
17219 W Kendall Cir
Big Lake, AK
Land3.39 acres
View photos & details
$240,000
25275 W Susitna Pkwy
Big Lake, AK
Land25.25 acres
View photos & details
$300,000
Tr A S Big Lake Rd
Big Lake, AK
Land18.91 acres
View photos & details
$350,000
5900 S Irving Pl
Big Lake, AK
2 bd2 ba960 sqft$365/ft²
House2.50 acres
View photos & details
$365,000
13505 W Maplewood Dr
Big Lake, AK
3 bd2 ba1,200 sqft$304/ft²
House40,075 sqft lot
View photos & details
$375,000
13473 W Maplewood Dr
Big Lake, AK
3 bd2 ba1,353 sqft$277/ft²
House40,075 sqft lot
View photos & details
$449,000
4054 S Old Yacht Club Rd Unit 6
Big Lake, AK
2 bd2 ba1,350 sqft$333/ft²
Condo
View photos & details
$450,000
17201 W Lighthouse Dr
Big Lake, AK
4 bd2 ba2,214 sqft$203/ft²
House39,640 sqft lot
View photos & details
$795,000
8466 S Big Lake Rd
Big Lake, AK
3 bd3 ba2,200 sqft$361/ft²
House10,454 sqft lot
View photos & details
Looking to buy in Big Lake?
Get connected with a local real estate expert — free, no obligation.
Active listings
37
Homes on market
Median list price
$417K
Avg. days on market
30
Days until sale
New this week
26
Newly listed
Price drops:13.5%of listings
Sale-to-list:94.7%
How much do homes cost in Big Lake by property type?
How the Big Lake, AK market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $379,450 | $243/sq ft | 10 | 30 days |
| Condo / co-op | $420,000 | $311/sq ft | 1 | 1 days |
Who lives in Big Lake?
American Community Survey estimates for Big Lake. U.S. Census ACS, 2023
Population
3,291
Households
1,335
Median income
$76,292/yr
Median age
36.9 years
Owner-occupied
77.8%
Median home value
$286,600
Median gross rent
$1,165/mo
Mean commute
39.6 min
77.8% of occupied homes in Big Lake are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which public schools serve Big Lake?
2 schools tracked · 692 students
The largest public schools serving Big Lake, AK by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Houston High School
Grades 9-12 · 372 students
Big Lake Elementary
Grades PK-5 · 320 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Big Lake, AK?
Ordered by distance from Big Lake, not by size. Compare Big Lake side by side with any of them.
Big Lake housing market FAQ
Is Big Lake a buyer's or seller's market?
Big Lake, AK is currently a balanced market. That read comes from 3.7 months of supply, homes going under contract in about 30 days, and sellers getting 94.7% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Big Lake?
The median sale price in the last month Redfin published was $379,450, about $243 per square foot.
Is Big Lake cheaper than the rest of Alaska?
Big Lake's median sale price of $379,450 is 11% lower than the Alaska statewide median of $427,100, and 8% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Big Lake?
Homes in Big Lake, AK spent a median of 30 days on market before going under contract, versus 22 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Big Lake?
At the current 30-year fixed rate of 7.03%, 20% down on a $379,450 home is about $2,026 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $86,816 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $76,292.
Are home prices rising in Big Lake?
Redfin's last published year-over-year change for Big Lake, AK was +16.8%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Big Lake?
Big Lake ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Big Lake?
That depends on your timeline, not on a headline. What the data says today: Big Lake, AK is a balanced market with 3.7 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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