North Lakes, AK
Housing market overview · Updated weekly
$439,920median sale price
Homes sold
2
Last 12 weeks
Days on market
184
Average pace
Active listings
11
5.5 months supply
Sale-to-list
99.9%
Below asking
The North Lakes housing market is currently classified as a buyer's market with a median sale price of $439,920. Prices have risen 34.9% compared to last year, with homes spending an average of 184 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.
Market trends
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Frequently asked questions
What is the average home price in North Lakes?
The median home sale price in North Lakes is $439,920, up 34.9% from last year.
How long do homes stay on market in North Lakes?
Homes typically spend 184 days on market before going under contract.
Is North Lakes a buyer's or seller's market?
With 5.5 months of supply, North Lakes is currently a buyer's market.
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