Alaska started 2025 with a total of 1,051 single-family homes on the market, with a median home price of $429,900 and an average price per square foot of $261.59. By the end of the year, inventory had increased to 1,100 homes on the market (+5%), with a median home price of $449,000 (+4%), and an average price per square foot of $281 (+7%).
At the start of 2025, the median days on market (DOM) was 112 days – by the end of the year, median DOM had increased to 119 days.
Alaska started the year with 28.07% of homes taking a price cut. (For reference, 35% is the national average for price reductions in a "normal" year.) By the end of the year, about 29.27% of homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Alaska started 2025 as a buyer's market, with an MAI score of 30; by the end of the year, the MAI had increased to 32 – a seller's market.Market Update for June 12, 2026
