Housing in North Lakes, AK

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$445,900

Median List Price

$447,250

Price Per Sq Ft

$209

Days on Market

Active Inventory

Months of Supply

1.4

Seller's market

Price Trends

Source: Redfin

Sale Price ↑ 20.5%List Price ↓ 0.5%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

25.0%

Off Market in 2 Weeks

25.0%

Sale-to-List Ratio

99.6%

Buyer's market

Sold Above Asking

25.0%

Under Contract in 2 Wks

25.0%

Market Activity

Source: Redfin

Homes Sold

New Listings

Pending Sales

Homes Sold ↓ 20.0%New Listings ↓ 57.9%Pending ↓ 63.6%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$209

Median List $/SF

$277

Sale $/SF ↓ 11.8%List $/SF ↑ 12.1%Mar 24 → Jan 26

North Lakes vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. North Lakes is highlighted.

Median Home Value

79th%ilemost expensive$338,900show rank

Median Rent

81st%ilemost expensive rent$1,459show rank

Median Price Per Sq Ft

64th%ilemost expensive $/sqft$209show rank

Rent Burden

39th%ilehighest rent burden17.0%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$338,900

Median Rent

$1,459

Total Housing Units

3,901

Vacancy Rate

8.4%

Owner Occupied

79.3%

Renter Occupied

20.6%

Median Property Tax

$3,769

per year

Monthly Cost (w/ Mortgage)

$1,783

Housing Types

Single Family

81.9%

Multi-Family

11.4%

Mobile Home

6.7%

The current median sale price in North Lakes, AK is $445,900 according to Redfin data. Homes spend a median of 97 days on the market. 25.0% of homes sold above asking price. The market has 1.4 months of supply. The median price per square foot is $209. The median rent is $1,459 per month (Census ACS). About 79.3% of housing units are owner-occupied. The median year homes were built is 1996. There are 3,901 total housing units.