Living in Wasilla, AK
Wasilla, located in the Matanuska-Susitna Valley in Alaska, offers a unique blend of suburban and rural living. The city is surrounded by breathtaking mountain views and provides ample outdoor recreational opportunities. Its rich cultural history combined with modern amenities makes Wasilla a great place to live and raise a family.
Current Market Conditions in Wasilla, AK
The Wasilla real estate market has shown a steady increase in property values over recent years, driven by a growing population seeking affordable housing options. The vibrant local economy, bolstered by the presence of several businesses and service sectors, has made Wasilla an attractive destination for homebuyers. The competitive market means homes sell quickly, often above listing prices, with many buyers willing to negotiate terms to secure a property.
Recent trends indicate a rise in interest for larger plots of land and homes offering more space, as remote work capabilities have allowed many to seek out properties away from crowded urban centers. In 2023, the number of homes sold has increased, contributing to a decrease in available inventory.
Home Value Estimator For Wasilla, AK
There are currently 22,581 real estate properties
in Wasilla, AK,
with a median automated valuation model (AVM) price
of $395,996.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wasilla, AK, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Wasilla, AK,
is $417,170.00, with the most expensive house
in Wasilla, AK, topping out
at $14,174,610.00 and the cheapest home
in Wasilla, AK,
clocking in at $15,277.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wasilla, AK!
Rent Prices
In Wasilla, AK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wasilla, AK, is on
a rollercoaster ride. The
average rent price in Wasilla, AK,
is $1,623.00. Indeed, when looking to rent in
Wasilla, AK, you can expect to pay as little
as $720.00 or as much
as $4,370.00,
with the average rent median estimated to
be $1,640.00. The good news is that finding
an affordable and desirable property to rent in Wasilla, AK
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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