South Lakes, AK Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in South Lakes, AK is $340,000, down 34.5% year-over-year. Homes sell in an average of 84 days with 4 active listings. The market is currently a seller's market.
$340,000median sale price
Is South Lakes a buyer's or seller's market?
South Lakes, AK is currently a seller's market, based on 0.6 months of supply and homes selling in about 84 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
84
Average pace
Active listings
4
0.6 months supply
Sale-to-list
99.0%
Below asking
South Lakes, AK market data
| Metric | Value |
|---|---|
| Median sale price | $340,000 |
| Median list price | $419,500 |
| Year-over-year price change | -34.5% |
| Average days on market | 84 days |
| Active inventory | 4 listings |
| Months of supply | 0.6 months |
| Sale-to-list price ratio | 99.0% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The South Lakes housing market is currently classified as a seller's market with a median sale price of $340,000. Prices have fallen 34.5% compared to last year, with homes spending an average of 84 days on market, indicating 0.6 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 South Lakes
There are currently 4 homes listed for sale in South Lakes, Alaska. The median listing price is $420K.
Active listings
4
Homes on market
Median list price
$420K
Avg. days on market
84
Days until sale
New this week
2
Newly listed
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Frequently asked questions
What is the average home price in South Lakes?
The median home sale price in South Lakes is $340,000, down 34.5% from last year.
How long do homes stay on market in South Lakes?
Homes typically spend 84 days on market before going under contract.
Is South Lakes a buyer's or seller's market?
With 0.6 months of supply, South Lakes is currently a seller's market.
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