My Favorite Real Estate Market Update

Big Lake, AK

Single-Family Homes

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Big Lake, AK

Wed Jul 02 2025
This week the median list price for Big Lake, AK is $465,000 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has held steady at or around 26. Click here to stay informed with the Big Lake market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Big Lake, AK

Wed Jul 02 2025
This week the median list price for Big Lake, AK is $465,000 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has held steady at or around 26. Click here to stay informed with the Big Lake market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Big Lake market.
Median List Price $465,000
Median Price of New Listings $465,000
Per Square Foot $305
Average Days on Market 99
Median Days on Market 42
Price Decreased 23%
Price Increased 4%
Relisted 0%
Inventory 26
Median Rent
Market Action 35
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$695,000 1,784 1 - 2.5 acres 3 2 29 0 1 21
$512,499 1,810 0.5 - 1 acre 3 2.5 12 1 0 66
$425,000 1,562 1 - 2.5 acres 3 2 24 1 1 42
$222,000 729 0.5 - 1 acre 2 1 14 1 0 126