Tait Zimmerman's Market Report

Eagle River, AK 99577

Single-Family Homes

Advantage Alaska Real Estate | 907-519-0043


Eagle River, AK 99577

Fri Jun 27 2025
This week the median list price for Eagle River, AK 99577 is $649,450 with the market action index hovering around 54. This is less than last month's market action index of 58. Inventory has held steady at or around 46. 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

Market Narrative

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Eagle River, AK 99577

Fri Jun 27 2025
This week the median list price for Eagle River, AK 99577 is $649,450 with the market action index hovering around 54. This is less than last month's market action index of 58. Inventory has held steady at or around 46. 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

Market Narrative

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the Eagle River market.
Median List Price $649,450
Median Price of New Listings $574,500
Per Square Foot $251
Average Days on Market 49
Median Days on Market 28
Price Decreased 41%
Price Increased 2%
Relisted 7%
Inventory 46
Median Rent
Market Action 54
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$925,000 3,391 1 - 2.5 acres 4 3 19 1 4 70
$718,000 3,083 0.25 - 0.5 acre 4 3 29 3 0 28
$597,000 2,210 8,000 - 10,000 sqft 4 3 33 1 1 14
$485,000 2,146 0.25 - 0.5 acre 3 2.5 43 5 4 7