My Favorite Real Estate Market Update
Eagle River, AK
Single-Family Homes
Office 907-746-HOME | https://www.MyFavoriteRealty.com
Eagle River, AK
Tue May 26 2026
This week the median list price for Eagle River, AK is $649,000 with the market action index hovering around 51. This is an increase over last month's market action index of 49. Inventory has increased to 38.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
Real-Time Market Profile
| Median List Price | $649,000 | |
| Median Price of New Listings | $590,000 | |
| Per Square Foot | $278 | |
| Average Days on Market | 46 | |
| Median Days on Market | 11 | |
| Price Decreased | 26% | |
| Price Increased | 5% | |
| Relisted | 5% | |
| Inventory | 38 | |
| Median Rent | ||
| Market Action | 51 | |
| Strong Seller's Market | ||
Despite this week’s down tic, price trends have been moving up in the last few weeks. We’ll watch the Market Action Index for leading indicators of 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 |
|---|---|---|---|---|---|---|---|---|
| $979,950 | 3,747 | 1 - 2.5 acres | 4 | 3.5 | 11 | 0 | 2 | 28 |
| $689,000 | 2,624 | 0.25 - 0.5 acre | 4 | 3 | 19 | 6 | 1 | 0 |
| $594,500 | 2,114 | 0.25 - 0.5 acre | 4 | 2.5 | 43 | 6 | 1 | 0 |
| $475,000 | 1,862 | 6,500 - 8,000 sqft | 4 | 2 | 43 | 3 | 2 | 14 |