Chena Ridge, AK Housing Market & Real Estate

Buyer's market+12.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Chena Ridge, AK is $419,900, up 12.0% year-over-year. Homes sell in an average of 222 days with 6 active listings. The market is currently a buyer's market.

$419,900median sale price

Is Chena Ridge a buyer's or seller's market?

Buyer's market6.0 months of supply222 avg. days on market

Chena Ridge, AK is currently a buyer's market, based on 6.0 months of supply and homes selling in about 222 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

222

Average pace

Active listings

6

6.0 months supply

Sale-to-list

Below asking

Chena Ridge, AK market data

Current housing market statistics for Chena Ridge, AK
MetricValue
Median sale price$419,900
Median list price$725,000
Year-over-year price change+12.0%
Average days on market222 days
Active inventory6 listings
Months of supply6.0 months
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Chena Ridge housing market is currently classified as a buyer's market with a median sale price of $419,900. Prices have risen 12.0% compared to last year, with homes spending an average of 222 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Chena Ridge

There are currently 6 homes listed for sale in Chena Ridge, Alaska. The median listing price is $725K.

Active listings

6

Homes on market

Median list price

$725K

Avg. days on market

222

Days until sale

New this week

1

Newly listed

Price drops:16.7%of listings

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Frequently asked questions

What is the average home price in Chena Ridge?

The median home sale price in Chena Ridge is $419,900, up 12.0% from last year.

How long do homes stay on market in Chena Ridge?

Homes typically spend 222 days on market before going under contract.

Is Chena Ridge a buyer's or seller's market?

With 6.0 months of supply, Chena Ridge is currently a buyer's market.

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