Alaska Real Estate Market Update – November 2025
November brought a noticeable shift in the Alaska real estate market, especially across Anchorage and the Mat-Su Valley. Prices leveled out in some areas, inventory loosened just enough to give buyers breathing room, and VA and Alaska military families continued to drive strong demand as PCS season crept closer.
Here’s a clear snapshot of what changed — and what it means if you’re planning a move soon.
ANCHORAGE MARKET SNAPSHOT
Anchorage held steady this month with balanced pricing and a modest increase in inventory. Homes in the most popular neighborhoods are still moving quickly, but buyers finally have more options than they did this summer.
What we’re seeing:
Slight bump in available inventory
Stable pricing across most zones
Strong activity from VA buyers, especially near JBER
Well-priced homes are still selling within 2–3 weeks
Takeaway:
Anchorage continues to favor sellers — but buyers using VA loans are in a better position than they were earlier in 2025. Rate drops and more inventory are giving them more negotiating power.
MAT-SU / PALMER–WASILLA SNAPSHOT
Mat-Su remains one of the fastest-growing areas in Alaska. Prices softened slightly this month, and new listings increased just enough to relieve pressure.
What we’re seeing:
Slight dip in median sales price
More active listings across Palmer & Wasilla
Homes under $400K are still the hottest segment
Military relocations and VA loan demand remain high
Takeaway:
Mat-Su is becoming more balanced. Buyers — especially VA buyers — are finding more options, while sellers still benefit from strong demand.
WHAT THIS MEANS FOR BUYERS
Whether you’re local or relocating with the military, November brought a friendlier buying landscape:
More inventory = fewer bidding wars
VA buyers have more leverage with sellers
First-time buyers may see better entry points in Palmer/Wasilla
If you’re PCSing to Alaska or considering using your VA loan, this is a solid window to start your search before competition ramps up this spring.
WHAT THIS MEANS FOR SELLERS
Yes, demand is still strong — but pricing accurately matters more than ever. November showed:
Buyers are pickier as inventory rises
Staged, move-in ready homes outperform
Overpriced homes sat significantly longer
Anchorage sellers still have the edge. Mat-Su sellers can win big with smart pricing and good presentation.
BOTTOM-LINE SUMMARY
November showed a calmer, healthier Alaska market — one that gives both buyers and sellers opportunities depending on timing and strategy. VA and military families remain a major driver of demand, especially around JBER and the Mat-Su Valley.
If you’re thinking about buying or selling — or relocating to Alaska using a VA loan — reach out anytime. I’m here to help you navigate this market with clarity and confidence.

