How we estimate your home value
Alaska is a non-disclosure state. Closed sale prices are not published in public records the way they are in many other states, so a useful estimate does not start with a public sold-price database. It starts with comparable sales from the MLS: recent closings that are similar in location, living area, and features.
A comparable sale is a starting point, not a final number. Condition and updates matter. Two homes on the same road can sit at different places in the range if one has been cared for and the other needs work. Land matters as well, especially in the Mat-Su Valley and around Palmer and Wasilla, where lot size, access, well and septic, and how much of the acreage is usable can change the picture. Garage space is a practical everyday feature in Alaska, not a nicety, and outbuildings — shops, barns, cabins, or storage — are often part of what a buyer is comparing.
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Asking prices on homes for sale now can show you the current market, but they are not sale prices. The filters above report a typical (median) figure and a low-to-high range when there are enough recent closings to work with. Your home could land near the low or high end of that range depending on condition, updates, land, and other factors. The figures on this page are an estimate, not an appraisal or a guarantee of value.
What a CMA is, and how it differs from an appraisal
A comparative market analysis, or CMA, is a market report written for a specific property. It looks at recent nearby sales, current listings, and the details of the home — including land, garages, and outbuildings — to describe how that property might fit the market. It is a planning tool, not a formal appraisal.
An appraisal is a separate, regulated opinion of value, usually ordered by a lender and completed by a licensed appraiser, with its own standards and purpose. A CMA does not replace an appraisal, and nothing on this page is an appraisal, a quote, or a promise of what a home will sell for. If you want a report written for your address, you can request a free CMA below. You will hear back from us.
For a closer look at each community, see our guides to the Mat-Su Valley, Palmer, Wasilla, Anchorage, Eagle River, Girdwood, and the Kenai Peninsula. Homes around Big Lake, Houston, Willow, and Talkeetna are part of the Mat-Su Valley as well.
Notes & sources
The figures above are a best-guess estimate, not an appraisal or a guarantee of value. Alaska is a non-disclosure state, so closed sale prices are not published in public records. Sold figures, when shown, come from a closed-sales export of our MLS. When there are fewer than three recent sales for the filters you chose, the range uses asking prices on homes for sale now, which are not sale prices.
For-sale counts, asking prices, and example listings come from the public search on propertiesofalaska.com. Some filters are applied to sold sales only, with a note on the result card: square footage (living area is often missing from the public feed), cabin (not a public listing type), and riverfront vs lakefront (the public feed has a general Waterfront feature, not a river-vs-lake frontage field).
Based on Alaska MLS sold data, Nov 2025–Nov 2026. Information deemed reliable but not guaranteed.
The tool starts from a reference home: house, 0.5 acre, 3 bedrooms, 2 baths, 1,750 sq ft, 1-car garage, not waterfront, built circa 2000. Change what you know. Year built and condition are not inputs.
Square footage and acreage use the middle of each band: under 500 sq ft is treated as 375, 4,000+ as 4,250, and the acreage bands as 0.5, 3 and 7 acres. Bedroom and bathroom counts are exact, not minimums.
Hero photo: Northern lights over the Knik River, Palmer, Alaska. Photo: iStock.com/EdwardSnow.
