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Featured local agent — Farmers Loop, AK
Sarah Mitchell
Compass Real Estate · Farmers Loop, AK
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Farmers Loop, AK Housing Market & Real Estate
Housing market overview · Updated monthly ·
$197,500median sale price
How is the Farmers Loop, AK housing market right now?
The median home sale price in Farmers Loop, AK is $197,500, down 51.2% year-over-year. Homes sell in an average of 35 days with 9 active listings. The market is currently a seller'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 Farmers Loop a buyer's or seller's market?
Farmers Loop, AK is currently a seller's market, based on 1.1 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
35
Average pace
Active listings
9
1.1 months supply
Sale-to-list
100.0%
Above asking
What does the Farmers Loop housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $197,500 |
| Median list price | $290,000 |
| Year-over-year price change | -51.2% |
| Average days on market | 35 days |
| Active inventory | 9 listings |
| Months of supply | 1.1 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $189/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 13 |
| Listings with a price cut | 44.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Farmers Loop by property type?
How the Farmers Loop, 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 | $197,500 | $189/sq ft | 8 | 35 days |
Source: Redfin · Updated monthly
The Farmers Loop housing market is currently classified as a seller's market with a median sale price of $197,500. Prices have fallen 51.2% compared to last year, with homes spending an average of 35 days on market, indicating 1.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Farmers Loop
There are currently 9 homes listed for sale in Farmers Loop, Alaska. The median listing price is $290K.
Active listings
9
Homes on market
Median list price
$290K
Avg. days on market
35
Days until sale
New this week
13
Newly listed
Who lives in Farmers Loop?
Population
4,887
Median income
$103,635/yr
Median age
36.5 years
Owner-occupied
80.6%
College grads
27.3%
Avg commute
34.3 min
Source: U.S. Census Bureau ACS
What is it like to live in Farmers Loop?
Farmers Loop is a community of approximately 5K residents with a median age of 36.5 years.The median household income is $103,635, which reflects a relatively affluent area with strong earning potential. 27.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Farmers Loop offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Farmers Loop, AK?
Want a head-to-head view? Compare Farmers Loop side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Farmers Loop?
The median home sale price in Farmers Loop is $197,500, down 51.2% from last year.
How long do homes stay on market in Farmers Loop?
Homes typically spend 35 days on market before going under contract.
What is the median income in Farmers Loop?
The median household income is $103,635 per year.
Is Farmers Loop a buyer's or seller's market?
With 1.1 months of supply, Farmers Loop is currently a seller's market.
How much does a single-family home cost in Farmers Loop?
The median single-family home price in Farmers Loop, AK is $197,500 (about $189 per square foot).
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