Tait Zimmerman's Market Report

Eagle River, AK

Single-Family Homes

Advantage Alaska Real Estate | 907-519-0043



Eagle River, AK

Thu Mar 28 2024
This week the median list price for Eagle River, AK is $649,000 with the market action index hovering around 63. This is an increase over last month's market action index of 58. Inventory has held steady at or around 21. Click here to stay informed with the Eagle River market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Eagle River, AK

Thu Mar 28 2024
This week the median list price for Eagle River, AK is $649,000 with the market action index hovering around 63. This is an increase over last month's market action index of 58. Inventory has held steady at or around 21. Click here to stay informed with the Eagle River market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Eagle River market.
Median List Price $649,000
Median Price of New Listings $579,000
Per Square Foot $244
Average Days on Market 60
Median Days on Market 35
Price Decreased 33%
Price Increased 14%
Relisted 19%
Inventory 21
Median Rent
Market Action 63
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$875,000 3,228 1 - 2.5 acres 4 3 9 2 0 21
$699,000 2,954 8,000 - 10,000 sqft 4 3.5 18 1 0 28
$579,000 2,075 8,000 - 10,000 sqft 3 2.5 2 1 1 56
$401,500 2,168 0.5 - 1 acre 3 2 44 3 0 45