Market Snapshot - Anchorage, Eagle River, Mat-Su Valley

Local Real Estate Market Update: Anchorage, Eagle River, and Wasilla

As we move further into 2025, the real estate markets in Anchorage, Eagle River, and Wasilla continue to show promising signs of growth and opportunity for both buyers and sellers. Whether you’re looking to invest, buy your first home, or sell your property, understanding the current trends in these areas can help you make informed decisions.

Anchorage: Steady Growth and Strong Demand

Anchorage remains the largest and most dynamic real estate market in the region. Over the past few months, we’ve seen steady demand for single-family homes, particularly in neighborhoods close to downtown and popular amenities. Inventory levels have stabilized compared to last year, providing buyers with more options without the intense competition seen previously. Sellers can still expect favorable prices, especially for well-maintained homes in desirable locations.

Eagle River: A Growing Community with Attractive Options

Eagle River continues to attract families and professionals seeking a balance between suburban tranquility and city convenience. The market here is characterized by steady price increases and a healthy number of listings. New developments and community improvements are enhancing the area’s appeal, making it a great time for buyers to explore opportunities. Sellers benefit from a market that appreciates quality homes and values community-oriented living.

Mat- Su Valley: Affordable and Expanding

Mat-Su Valley’s real estate market is gaining momentum as more people look for affordable housing options within commuting distance of Anchorage. The area offers a variety of properties, from starter homes to larger family residences & new construction often at more accessible price points. This affordability, combined with ongoing infrastructure improvements, is driving increased interest. Buyers can find good value here, while sellers are seeing competitive offers.  While there remains to be a lot of good options in this area the gap between pricing is closing between here and Anchorage. What consumers will find is larger lots and quick access to many of the recreational activates, like hunting or fishing, that the Mat-Su Valley offers.  

Looking Ahead

The outlook for Anchorage, Eagle River, and Wasilla remains optimistic. Economic factors and local developments suggest continued stability and gradual appreciation in home values. Whether you’re buying or selling, partnering with a knowledgeable local expert can help you navigate the market with confidence. This is a broad market snapshot. When you're ready to buy or sell, we’ll provide a customized analysis focused on your specific neighborhood—or the one you’re dreaming of—tailored to your unique needs and goals.

If you have questions about the current market or want personalized advice, feel free to reach out. We are the Les Bailey & Associates team, and we are here to help you achieve your real estate goals in Alaska.

Visit our website at https://realestateinak.com for the latest listings and resources.

Here’s to a successful year in real estate!