Is Wasilla, AK 99623 a buyer’s or seller’s market?
Wasilla is a seller’s market. With about 2.9 months of supply and 28% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 70% of U.S. ZIP codes, and #16 of 31 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Wasilla housing market right now
In the three months ending August 31, 2026, 28% of homes in Wasilla, AK 99623 sold above their list price, the typical home went under contract in 18 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 213 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (23 days then) and the median sale price fell 5% to $404,825. Overall, Wasilla is more competitive than a year ago, so tougher for buyers.
Within Matanuska-Susitna Borough, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 70%. On our competition score, Wasilla ranks #16 of 31 AK ZIP codes with enough sales (score 66 out of 100).
Nearby, buyers who want less competition could look at Cantwell 99729 (0% sold over asking) or Skwentna 99667 (0% sold over asking), while Sutton 99674 (100% sold over asking) and Houston 99694 (36% sold over asking) are even more competitive.
Run the numbers for 99623
Nearby markets
Big Lake 99652Seller’s market $312 /sq ftCantwell 99729 $344 /sq ftHouston 99694Seller’s market $276 /sq ftPalmer 99645Seller’s market $268 /sq ft Browse all markets →Towns like Wasilla nearby
Find towns like Wasilla in other states →Where Wasilla is
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Questions about Wasilla real estate
Is Wasilla a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Wasilla, AK 99623 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Wasilla?
The typical home went under contract in 18 days in the latest three months.
Do homes in Wasilla sell over asking?
28% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Wasilla?
About 1.06% of a home’s value a year in Matanuska-Susitna Borough, or roughly $4,240 on a $400,000 home.
What is the median home price in Wasilla?
The median sale price was $404,825 in the three months ending August 31, 2026, about $267 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology