Big Lake, AK

Buyer's market+161.3% YoY

Housing market overview · Updated weekly

$457,347median sale price

Homes sold

4

Last 12 weeks

Days on market

115

Average pace

Active listings

27

6.8 months supply

Sale-to-list

96.7%

Below asking

The Big Lake housing market is currently classified as a buyer's market with a median sale price of $457,347. Prices have risen 161.3% compared to last year, with homes spending an average of 115 days on market, indicating 6.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Big Lake?

The median home sale price in Big Lake is $457,347, up 161.3% from last year.

How long do homes stay on market in Big Lake?

Homes typically spend 115 days on market before going under contract.

Is Big Lake a buyer's or seller's market?

With 6.8 months of supply, Big Lake is currently a buyer's market.

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