Knik-Fairview, AK Housing Market & Real Estate

Leaning buyer's-5.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Knik-Fairview, AK is $407,250, down 5.3% year-over-year. Homes sell in an average of 65 days with 65 active listings. The market is currently a leaning buyer's.

$407,250median sale price

Is Knik-Fairview a buyer's or seller's market?

Leaning buyer's4.1 months of supply65 avg. days on market

Knik-Fairview, AK is currently a leaning buyer's, based on 4.1 months of supply and homes selling in about 65 days. How we determine this →

Homes sold

16

Last 12 weeks

Days on market

65

Average pace

Active listings

65

4.1 months supply

Sale-to-list

99.6%

Below asking

Knik-Fairview, AK market data

Current housing market statistics for Knik-Fairview, AK
MetricValue
Median sale price$407,250
Median list price$415,000
Year-over-year price change-5.3%
Average days on market65 days
Active inventory65 listings
Months of supply4.1 months
Sale-to-list price ratio99.6%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The Knik-Fairview housing market is currently classified as a leaning buyer's with a median sale price of $407,250. Prices have fallen 5.3% compared to last year, with homes spending an average of 65 days on market, indicating 4.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Knik-Fairview

There are currently 65 homes listed for sale in Knik-Fairview, Alaska. The median listing price is $415K.

Active listings

65

Homes on market

Median list price

$415K

Avg. days on market

65

Days until sale

New this week

31

Newly listed

Price drops:24.6%of listings
Sale-to-list:99.6%

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Frequently asked questions

What is the average home price in Knik-Fairview?

The median home sale price in Knik-Fairview is $407,250, down 5.3% from last year.

How long do homes stay on market in Knik-Fairview?

Homes typically spend 65 days on market before going under contract.

Is Knik-Fairview a buyer's or seller's market?

With 4.1 months of supply, Knik-Fairview is currently a leaning buyer's.

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