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 — November 2025 Market Report

📊 Market Highlights Avg. Days on Market: 102 Average Sold Price: $539,645 Active Listings: 307 Sold Listings: 157

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.

🌲 Palmer & Wasilla — November 2025 Market Report

📊 Market Highlights Avg. Days on Market: 102 Average Sold Price: $462,252 Active Listings: 264 Sold Listings: 98

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.

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Monthly Market update: October 2025