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Featured local agent — Chena Ridge, AK
Sarah Mitchell
Compass Real Estate · Chena Ridge, AK
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Chena Ridge, AK Housing Market & Real Estate
Housing market overview · Updated monthly ·
$319,900median sale price
How is the Chena Ridge, AK housing market right now?
The median home sale price in Chena Ridge, AK is $319,900, down 48.4% year-over-year. Homes sell in an average of 53 days with 11 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Chena Ridge a buyer's or seller's market?
Chena Ridge, AK is currently a buyer's market, based on 5.5 months of supply and homes selling in about 53 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
53
Average pace
Active listings
11
5.5 months supply
Sale-to-list
—
Below asking
What does the Chena Ridge housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $319,900 |
| Median list price | $449,900 |
| Year-over-year price change | -48.4% |
| Average days on market | 53 days |
| Active inventory | 11 listings |
| Months of supply | 5.5 months |
| Median price per sq ft | $256/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 11 |
| Listings with a price cut | 36.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Chena Ridge by property type?
How the Chena Ridge, AK market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $319,900 | $256/sq ft | 2 | 53 days |
Source: Redfin · Updated monthly
The Chena Ridge housing market is currently classified as a buyer's market with a median sale price of $319,900. Prices have fallen 48.4% compared to last year, with homes spending an average of 53 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Chena Ridge
There are currently 11 homes listed for sale in Chena Ridge, Alaska. The median listing price is $450K.
Active listings
11
Homes on market
Median list price
$450K
Avg. days on market
53
Days until sale
New this week
11
Newly listed
Who lives in Chena Ridge?
Population
5,927
Median income
$140,722/yr
Median age
38.5 years
Owner-occupied
73.2%
College grads
47.4%
Avg commute
21.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Chena Ridge?
Chena Ridge is a community of approximately 6K residents with a median age of 38.5 years.The median household income is $140,722, which reflects a relatively affluent area with strong earning potential. 47.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 73.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Chena Ridge offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Chena Ridge, AK?
Want a head-to-head view? Compare Chena Ridge side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Chena Ridge?
The median home sale price in Chena Ridge is $319,900, down 48.4% from last year.
How long do homes stay on market in Chena Ridge?
Homes typically spend 53 days on market before going under contract.
What is the median income in Chena Ridge?
The median household income is $140,722 per year.
Is Chena Ridge a buyer's or seller's market?
With 5.5 months of supply, Chena Ridge is currently a buyer's market.
How much does a single-family home cost in Chena Ridge?
The median single-family home price in Chena Ridge, AK is $319,900 (about $256 per square foot).
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