Tait Zimmerman's Market Report
Chugiak, AK
Single-Family Homes
Advantage Alaska Real Estate | 907-519-0043
Chugiak, AK
Sat Jun 14 2025
This week the median list price for Chugiak, AK is $562,999 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has held steady at or around 19.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.
Real-Time Market Profile
| Median List Price | $562,999 | |
| Median Price of New Listings | $530,000 | |
| Per Square Foot | $249 | |
| Average Days on Market | 115 | |
| Median Days on Market | 42 | |
| Price Decreased | 47% | |
| Price Increased | 0% | |
| Relisted | 5% | |
| Inventory | 19 | |
| Median Rent | ||
| Market Action | 43 | |
| Slight Seller's Advantage | ||
Though this week saw relatively little price change from last week, the market seems to be show some signs of strength. 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 |
|---|---|---|---|---|---|---|---|---|
| $725,000 | 3,095 | 1 - 2.5 acres | 4 | 2.5 | 22 | 0 | 0 | 35 |
| $659,900 | 2,272 | 1 - 2.5 acres | 4 | 3 | 28 | 0 | 0 | 70 |
| $530,000 | 1,260 | 0.5 - 1 acre | 3 | 2 | 44 | 1 | 0 | 21 |
| $199,400 | 1,834 | 0.5 - 1 acre | 3 | 2 | 41 | 0 | 0 | 80 |