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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Wasilla, AK Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Wasilla, AK Housing Market Trends

With a population of 9,711, 4,066 total housing units (homes and apartments), and a median house value of $350,713, Wasilla real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Wasilla, accounting for 52.53% of the city's housing units. Other types of housing that are prevalent in Wasilla include duplexes, homes converted to apartments or other small apartment buildings ( 25.62%), large apartment complexes or high rise apartments ( 15.95%), and a few row houses and other attached homes ( 4.83%).

The most prevalent building size and type in Wasilla are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.22% owning and 46.78% renting.

There is a lot of housing in Wasilla built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Wasilla built between 2000 and later ( 35.96%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.93%). There's also some housing in Wasilla built before 1939 ( 1.22%).

Wasilla Home Appreciation Rates

Wasilla's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Wasilla during the period has been just 4.76%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Wasilla's appreciation rate, at 5.58%, has been at or slightly above the national average. In the latest quarter, Wasilla's appreciation rate has been -0.52%, which annualizes to a rate of -2.06%.

Relative to Alaska, our data show that Wasilla's latest annual appreciation rate is lower than 80% of the other cities and towns in Alaska.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Wasilla differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Wasilla - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Wasilla real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$350,713

Wasilla, AK Home Prices
> $1,256,000
$941,001 - $1,256,000
$628,001 - $941,000
$502,001 - $628,000
$377,001 - $502,000
$251,001 - $377,000
$126,001 - $251,000
$63,001 - $126,000
$0 - $63,000
0.0%
0.0%
0.8%
0.8%
11.8%
11.8%
13.6%
13.6%
23.1%
23.1%
38.4%
38.4%
9.7%
9.7%
0.5%
0.5%
2.1%
2.1%
0% 100.0%
% of Homes
Average

for Alaska

High

for nation

Number of Homes And Apartments:

4,066

Wasilla Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,391 / per month

Homeownership Rate

Owners
Renters
53.2%
53.2%
46.8%
46.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.6%
6.6%
93.4%
93.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
36.0%
36.0%
58.9%
58.9%
3.9%
3.9%
1.2%
1.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
52.5%
52.5%
4.8%
4.8%
25.6%
25.6%
15.9%
15.9%
1.1%
1.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.3%
3.3%
12.7%
12.7%
26.6%
26.6%
38.0%
38.0%
16.6%
16.6%
2.8%
2.8%
0% 100.0%
% of Homes

Popular Communities Near Wasilla, AK

Zip Codes in Wasilla, AK