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Featured local agent — Trapper Creek, AK
Sarah Mitchell
Compass Real Estate · Trapper Creek, AK
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Trapper Creek, AK Housing Market
The last median sale price Redfin published was $278,750 (through May 2026). With 3.0 months of supply and homes going under contract in about 92 days, Trapper Creek is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $278,750 home is about $1,488/mo in principal and interest.
Key numbers for Trapper Creek, AK
Median sale price
$278,750
Last published period
Redfin, through May 2026
Days on market
92
Slow-moving
Redfin, through May 2026
Active listings
6
3.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$70,048
Home costs 4.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
99.0%
Selling below asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Trapper Creek a buyer's or seller's market?
Trapper Creek, AK is a balanced market, based on 3.0 months of supply and homes selling in about 92 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Trapper Creek housing market data show?
Every row below is Redfin's final published month for Trapper Creek, AK. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $278,750 |
| Median list price | $149,000 |
| Median price per sq ft | $153/sq ft |
| Median days on market | 92 days |
| Active inventory | 6 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 99.0% |
| Homes sold (that month) | 2 |
| New listings (that month) | 1 |
| Listings with a price cut | 16.7% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Trapper Creek is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Trapper Creek is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Trapper Creek home prices moved?
Over the last three years the median sale price in Trapper Creek, AK rose 216.8%, from $88,000 to $278,750. 16.7% of Trapper Creek listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 3.0 months while the sale-to-list ratio slips below its current 99.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Trapper Creek?
Priced off the median sale price of $278,750 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $55,750 | $223,000 | $1,488/mo |
| 5% | $13,938 | $264,813 | $1,767/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,488, that implies roughly $63,777 a year before you add taxes and insurance. The median household in Trapper Creek earns $70,048, about $6,271 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.0x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Trapper Creek in the next 12 months?
Tell us your timeline. We send the Trapper Creek market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Trapper Creek?
Zillow does not publish a rent index (ZORI) for Trapper Creek, AK, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Trapper Creek?
Active listings in Trapper Creek, AK went from 10 in July 2024 to 6 in May 2026, a -40.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| August 2024 | 9 | not published |
| September 2024 | 8 | 2 |
| October 2024 | 7 | not published |
| November 2024 | 6 | 1 |
| January 2025 | 4 | 2 |
| February 2025 | 4 | 1 |
| April 2025 | 5 | 1 |
| June 2025 | 8 | 2 |
| October 2025 | 12 | 1 |
| November 2025 | 9 | not published |
| March 2026 | 8 | 1 |
| May 2026 | 6 | 1 |
Redfin, through May 2026
How does Trapper Creek compare to Alaska and the U.S.?
Trapper Creek homes sell for $278,750 — 35% below the Alaska median of $427,100. Against the national median of $410,700, Trapper Creek runs 32% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Trapper Creek, AK | $278,750 | not published | 92 days |
| Alaska statewide | $427,100 | +4.2% | 22 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Trapper Creek
What buyers should watch
- Months of supply, currently 3.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 16.7%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $279 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $278,750 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Trapper Creek listing goes under contract in 92 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 99.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Trapper Creek added 1 new listings against 2 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside Trapper Creek varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Trapper Creek
There are currently 6 homes listed for sale in Trapper Creek, Alaska. The median listing price is $149K.
Active listings
6
Homes on market
Median list price
$149K
Avg. days on market
92
Days until sale
New this week
1
Newly listed
How much do homes cost in Trapper Creek by property type?
How the Trapper Creek, AK market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $278,750 | $153/sq ft | 2 | 92 days |
Who lives in Trapper Creek?
American Community Survey estimates for Trapper Creek. U.S. Census ACS, 2023
Population
514
Households
267
Median income
$70,048/yr
Median age
61.8 years
Owner-occupied
92.9%
Median home value
$194,600
Mean commute
74.7 min
92.9% of occupied homes in Trapper Creek are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which public schools serve Trapper Creek?
1 schools tracked · 24 students
The largest public schools serving Trapper Creek, AK by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Trapper Creek Elementary
Grades PK-5 · 24 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Trapper Creek, AK?
Ordered by distance from Trapper Creek, not by size. Compare Trapper Creek side by side with any of them.
Trapper Creek housing market FAQ
Is Trapper Creek a buyer's or seller's market?
Trapper Creek, AK is currently a balanced market. That read comes from 3.0 months of supply, homes going under contract in about 92 days, and sellers getting 99.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Trapper Creek?
The median sale price in the last month Redfin published was $278,750, about $153 per square foot.
Is Trapper Creek cheaper than the rest of Alaska?
Trapper Creek's median sale price of $278,750 is 35% lower than the Alaska statewide median of $427,100, and 32% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Trapper Creek?
Homes in Trapper Creek, AK spent a median of 92 days on market before going under contract, versus 22 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Trapper Creek?
At the current 30-year fixed rate of 7.03%, 20% down on a $278,750 home is about $1,488 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $63,777 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $70,048.
Are home prices rising in Trapper Creek?
We do not hold a complete 12-month value series for Trapper Creek, AK yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Trapper Creek?
Trapper Creek ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Trapper Creek?
That depends on your timeline, not on a headline. What the data says today: Trapper Creek, AK is a balanced market with 3.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $278,750, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.