Chena Ridge, AK
Housing market overview · Updated weekly
$419,900median sale price
Homes sold
1
Last 12 weeks
Days on market
222
Average pace
Active listings
6
6.0 months supply
Sale-to-list
—
Below asking
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
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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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