New Listing
6
$35,000
14215 W Masonic Ct
Wasilla, AK 99623
Land40,511 sqft lot
Blake Elder · RMG Real Estate Valley Office
View photos & details
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Wasilla, AK Housing Market
Strong seller's market+7.4% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Wasilla, AK is worth $425,040, rose 7.4% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $426,000, -14.8% year over year (through May 2026). With 1.9 months of supply and homes going under contract in about 13 days, Wasilla is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $425,040 home is about $2,269/mo in principal and interest.
Key numbers for Wasilla, AK
Typical home value
$425,040
+7.4% in 12 months
Zillow, August 2026
Typical asking rent
$1,870/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$426,000
-14.8% year over year
Redfin, through May 2026
Days on market
13
Fast-moving
Redfin, through May 2026
Active listings
32
1.9 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
$70,756
Home costs 6.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
102.1%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and 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 Wasilla a buyer's or seller's market?
Strong seller's market1.9 months of supply13 days on market102.1% of asking
Wasilla, AK is a strong seller's market, based on 1.9 months of supply and homes selling in about 13 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Wasilla housing market data show?
Every row below is Redfin's final published month for Wasilla, AK. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $426,000 |
| Median list price | $602,500 |
| Year-over-year price change | -14.8% |
| Median price per sq ft | $266/sq ft |
| Median days on market | 13 days |
| Active inventory | 32 listings |
| Months of supply | 1.9 months |
| Sale-to-list price ratio | 102.1% |
| Homes sold (that month) | 17 |
| New listings (that month) | 20 |
| Listings with a price cut | 21.9% |
| Market condition | Strong seller's 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 Wasilla is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Wasilla 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 Wasilla home prices moved?
Over the last three years the median sale price in Wasilla, AK rose 6.5%, from $400,000 to $426,000. The live Zillow value series has rose 7.4% in the last 12 months, which is the more current read now that Redfin's series has stopped. 21.9% of Wasilla 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 1.9 months while the sale-to-list ratio slips below its current 102.1%. 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 Wasilla?
Priced off the typical home value of $425,040 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% | $85,008 | $340,032 | $2,269/mo |
| 5% | $21,252 | $403,788 | $2,695/mo |
Zillow, August 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 $2,269, that implies roughly $97,247 a year before you add taxes and insurance. The median household in Wasilla earns $70,756, about $26,491 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.0x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Wasilla in the next 12 months?
Tell us your timeline. We send the Wasilla 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 Wasilla?
Typical asking rent in Wasilla, AK is $1,870/mo, against a typical home value of $425,040. That is a price-to-rent ratio of 18.9x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,269 a month — $399 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Wasilla?
Active listings in Wasilla, AK went from 31 in May 2025 to 32 in May 2026, a +3.2% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 27 | 15 |
| July 2025 | 33 | 16 |
| August 2025 | 34 | 8 |
| September 2025 | 34 | 14 |
| October 2025 | 25 | 7 |
| November 2025 | 25 | 11 |
| December 2025 | 18 | 6 |
| January 2026 | 23 | 11 |
| February 2026 | 24 | 13 |
| March 2026 | 23 | 15 |
| April 2026 | 30 | 25 |
| May 2026 | 32 | 20 |
Redfin, through May 2026
How does Wasilla compare to Alaska and the U.S.?
Wasilla homes sell for $426,000 — 0% below the Alaska median of $427,100. Against the national median of $410,700, Wasilla runs 4% higher. Year-over-year, Wasilla moved -14.8% against Alaska's +4.2% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Wasilla, AK | $426,000 | -14.8% | 13 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 Wasilla
What buyers should watch
- Months of supply, currently 1.9. 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 21.9%. 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 $425 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 $425,040 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 Wasilla listing goes under contract in 13 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 102.1% of asking. Price at the number you want and let competition do the rest.
- In the last published month Wasilla added 20 new listings against 17 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +7.4% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Wasilla varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Wasilla
There are currently 32 homes listed for sale in Wasilla, Alaska. The median listing price is $603K. Featured listings range from $35,000 to $800,000.
New Listing
19
$40,000
17562 W Bluebill Ave
Wasilla, AK 99623
Land40,075 sqft lot
Paul Oehlerts · Real Broker Wasilla
View photos & details
New Listing
10
$90,000
21020 Matsnu Rd
Wasilla, AK 99654
1 bd1 ba480 sqft$188/ft²
House2.45 acres
Richard Davids · Sun Properties, LLC
View photos & details
New Listing
42
$300,000
5650 W Crestview Ave
Wasilla, AK 99623
3 bd2 ba1,280 sqft$234/ft²
House20,038 sqft lot
Kibe Lucas · The Kibe Lucas Team Keller Williams Realty Alaska Group
View photos & details
New Listing
31
$325,000
6630 W Beverly Lake Rd
Wasilla, AK 99623
2 bd1 ba720 sqft$451/ft²
House40,946 sqft lot
Teresa Jervis · Better Homes and Gardens Real Estate Dream Makers
View photos & details
New Listing
47
$398,000
6990 W Windsor Dr
Wasilla, AK 99623
3 bd2 ba1,880 sqft$212/ft²
House22,651 sqft lot
Kristan Cole · The Kristan Cole Team Branch Office Keller Williams Realty - Alaska Group
View photos & details
New Listing
26
$475,000
4170 S Discovery Bay Dr
Wasilla, AK 99654
3 bd2 ba1,888 sqft$252/ft²
House1.10 acres
Amanda Charles · Keller Williams Realty Alaska Group of Wasilla
View photos & details
New Build
$536,485
8492 E Eagle View Cir
Wasilla, AK 99654
3 bd2 ba1,690 sqft$317/ft²
House1.23 acres
Tyson Kroon · Real Broker Wasilla
View photos & details
New Build
$634,170
5365 N Jellystone Cir
Wasilla, AK 99654
4 bd3 ba2,100 sqft$302/ft²
House2.19 acres
Tyson Kroon · Real Broker Wasilla
View photos & details
New Listing
53
$665,000
8016 W Mustafa Cir
Wasilla, AK 99623
6 bd3 ba4,443 sqft$150/ft²
House40,075 sqft lot
Elena Novitsky-Mabeus · Berkshire Hathaway HomeServices Alaska Realty
View photos & details
New Listing
58
$787,000
5068 S Snowshoe Pkwy
Wasilla, AK 99654
3 bd4 ba3,221 sqft$244/ft²
House1.86 acres
Sally Goodrich · Realty ONE Group Aurora
View photos & details
New Listing
4
$800,000
8066 W Business Park Dr
Wasilla, AK 99623
Land2.79 acres
Hondo Vizzerra · Signature Real Estate Alaska
View photos & details
Looking to buy in Wasilla?
Get connected with a local real estate expert — free, no obligation.
Active listings
32
Homes on market
Median list price
$603K
Avg. days on market
13
Days until sale
New this week
20
Newly listed
Price drops:21.9%of listings
Sale-to-list:102.1%
How much do homes cost in Wasilla by property type?
How the Wasilla, 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 | $452,500 | $276/sq ft | 12 | 13 days |
| Condo / co-op | $205,000 | $185/sq ft | 3 | 38 days |
Who lives in Wasilla?
American Community Survey estimates for Wasilla. U.S. Census ACS, 2023
Population
9,435
Households
4,078
Median income
$70,756/yr
Median age
35.3 years
Owner-occupied
52.1%
Median home value
$325,000
Median gross rent
$1,104/mo
Mean commute
30.1 min
52.1% of occupied homes in Wasilla 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. The Census self-reported median home value is $325,000 against Zillow's $425,040 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,104/mo, below Zillow's $1,870/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Wasilla?
26 schools tracked · 12,226 students
The largest public schools serving Wasilla, 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.
Mat-Su Central School
Grades K-12 · 2,558 students
Wasilla High School
Grades 9-12 · 859 students
Mat-Su Career & Tech Ed High School
Grades 9-12 · 723 students
Teeland Middle School
Grades PK-8 · 657 students
Twindly Bridge Charter School
Grades K-12 · 592 students
Wasilla Middle School
Grades 6-8 · 568 students
Joe Redington Senior Jr/Sr High School
Grades 6-12 · 516 students
John Shaw Elementary
Grades PK-5 · 483 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 Wasilla, AK?
Ordered by distance from Wasilla, not by size. Compare Wasilla side by side with any of them.
Which ZIP codes are in Wasilla?
These are the ZIP codes we see on active Wasilla listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Wasilla housing market FAQ
Is Wasilla a buyer's or seller's market?
Wasilla, AK is currently a strong seller's market. That read comes from 1.9 months of supply, homes going under contract in about 13 days, and sellers getting 102.1% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Wasilla?
The typical home in Wasilla, AK is worth $425,040 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $426,000, about $266 per square foot.
Is Wasilla cheaper than the rest of Alaska?
Wasilla's median sale price of $426,000 is 0% lower than the Alaska statewide median of $427,100, and 4% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Wasilla?
Homes in Wasilla, AK spent a median of 13 days on market before going under contract, versus 22 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Wasilla?
At the current 30-year fixed rate of 7.03%, 20% down on a $425,040 home is about $2,269 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $97,247 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $70,756.
Are home prices rising in Wasilla?
The typical home value in Wasilla, AK rose 7.4% over the last 12 months, from $395,914 to $425,040 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Wasilla?
Wasilla 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 Wasilla?
That depends on your timeline, not on a headline. What the data says today: Wasilla, AK is a strong seller's market with 1.9 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 18.9x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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