My Favorite Real Estate Market Update

North Pole, AK

Single-Family Homes

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North Pole, AK

Thu Sep 24 2020
This week the median list price for North Pole, AK is $224,900 with the market action index hovering around 40. This is an increase over last month's market action index of 36. Inventory has held steady at or around 58. Click here to stay informed with the North Pole market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

North Pole, AK

Thu Sep 24 2020
This week the median list price for North Pole, AK is $224,900 with the market action index hovering around 40. This is an increase over last month's market action index of 36. Inventory has held steady at or around 58. Click here to stay informed with the North Pole market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the North Pole market.
Median List Price $224,900
Per Square Foot $134
Days on Market 36
Price Decreased 14%
Price Increased 0%
Relisted 17%
Inventory 58
Median Rent
Most Expensive $557,500
Least Expensive $25,000
Market Action 40
Slight Seller's Advantage

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

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
$382,450 2,389 1 - 2.5 acres 4 3 34 10 6 48
$262,500 2,056 1 - 2.5 acres 3 2 37 11 6 9
$200,000 1,476 1 - 2.5 acres 3 2 43 14 5 14
$75,000 849 1 - 2.5 acres 2 1 36 12 4 70