South Lakes, AK
Housing market overview · Updated weekly
$340,000median sale price
Homes sold
7
Last 12 weeks
Days on market
84
Average pace
Active listings
4
0.6 months supply
Sale-to-list
99.0%
Below asking
The South Lakes housing market is currently classified as a seller's market with a median sale price of $340,000. Prices have fallen 34.5% compared to last year, with homes spending an average of 84 days on market, indicating 0.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in South Lakes?
The median home sale price in South Lakes is $340,000, down 34.5% from last year.
How long do homes stay on market in South Lakes?
Homes typically spend 84 days on market before going under contract.
Is South Lakes a buyer's or seller's market?
With 0.6 months of supply, South Lakes is currently a seller's market.
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