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South Lakes, AK real estate

Compare top South Lakes real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for July 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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South Lakes real estate Market Report.

Information and statistics on the latest trends in the South Lakes real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$479K
+41% from Q1 '26
Median list price
$610K
+26% from Q1 '26
Active listings
22
+29% from Q1 '26
Homes sold
8
-20% from Q1 '26
New pendings
10
-17% from Q1 '26
New listings
19
+58% from Q1 '26

Quarterly Pricing Trends for South Lakes

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for South Lakes Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $375K Median sale price in Jul 2021 - Sep 2021: $343K Median sale price in Oct 2021 - Dec 2021: $385K Median sale price in Jan 2022 - Mar 2022: $359K Median sale price in Apr 2022 - Jun 2022: $420K Median sale price in Jul 2022 - Sep 2022: $486K Median sale price in Oct 2022 - Dec 2022: $385K Median sale price in Jan 2023 - Mar 2023: $410K Median sale price in Apr 2023 - Jun 2023: $420K Median sale price in Jul 2023 - Sep 2023: $395K Median sale price in Oct 2023 - Dec 2023: $468K Median sale price in Jan 2024 - Mar 2024: $468K Median sale price in Apr 2024 - Jun 2024: $399K Median sale price in Jul 2024 - Sep 2024: $458K Median sale price in Oct 2024 - Dec 2024: $415K Median sale price in Jan 2025 - Mar 2025: $440K Median sale price in Apr 2025 - Jun 2025: $456K Median sale price in Jul 2025 - Sep 2025: $409K Median sale price in Oct 2025 - Dec 2025: $465K Median sale price in Jan 2026 - Mar 2026: $340K Median list price in Apr 2021 - Jun 2021: $375K Median list price in Jul 2021 - Sep 2021: $359K Median list price in Oct 2021 - Dec 2021: $378K Median list price in Jan 2022 - Mar 2022: $445K Median list price in Apr 2022 - Jun 2022: $457K Median list price in Jul 2022 - Sep 2022: $400K Median list price in Oct 2022 - Dec 2022: $502K Median list price in Jan 2023 - Mar 2023: $410K Median list price in Apr 2023 - Jun 2023: $432K Median list price in Jul 2023 - Sep 2023: $415K Median list price in Oct 2023 - Dec 2023: $424K Median list price in Jan 2024 - Mar 2024: $443K Median list price in Apr 2024 - Jun 2024: $455K Median list price in Jul 2024 - Sep 2024: $420K Median list price in Oct 2024 - Dec 2024: $375K Median list price in Jan 2025 - Mar 2025: $565K Median list price in Apr 2025 - Jun 2025: $409K Median list price in Jul 2025 - Sep 2025: $447K Median list price in Oct 2025 - Dec 2025: $375K Median list price in Jan 2026 - Mar 2026: $484K Apr 2021 - Jun 2021 Median sale price $375K Median list price $375K Jul 2021 - Sep 2021 Median sale price $343K Median list price $359K Oct 2021 - Dec 2021 Median sale price $385K Median list price $378K Jan 2022 - Mar 2022 Median sale price $359K Median list price $445K Apr 2022 - Jun 2022 Median sale price $420K Median list price $457K Jul 2022 - Sep 2022 Median sale price $486K Median list price $400K Oct 2022 - Dec 2022 Median sale price $385K Median list price $502K Jan 2023 - Mar 2023 Median sale price $410K Median list price $410K Apr 2023 - Jun 2023 Median sale price $420K Median list price $432K Jul 2023 - Sep 2023 Median sale price $395K Median list price $415K Oct 2023 - Dec 2023 Median sale price $468K Median list price $424K Jan 2024 - Mar 2024 Median sale price $468K Median list price $443K Apr 2024 - Jun 2024 Median sale price $399K Median list price $455K Jul 2024 - Sep 2024 Median sale price $458K Median list price $420K Oct 2024 - Dec 2024 Median sale price $415K Median list price $375K Jan 2025 - Mar 2025 Median sale price $440K Median list price $565K Apr 2025 - Jun 2025 Median sale price $456K Median list price $409K Jul 2025 - Sep 2025 Median sale price $409K Median list price $447K Oct 2025 - Dec 2025 Median sale price $465K Median list price $375K Jan 2026 - Mar 2026 Median sale price $340K Median list price $484K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
22
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Home values in South Lakes have been relatively steady in this rolling three-month view, with a typical home value around $479,000 and essentially flat year over year. List prices have moved higher, with the median list price up more than a third from a year ago, indicating sellers are testing stronger price points.

Inventory has opened up compared with last year while sales have slowed. Active listings are down about a third year over year, but months of supply has surged to roughly 4.8 months from under 2 months a year ago. At the same time, homes sold and pending sales are both down sharply from last year.

Even with that shift, properties that do sell are moving quickly and often for top dollar. The median days on market has dropped to about 10 days in this rolling period, and nearly half of homes go off the market within two weeks. Roughly 63% of recent sales closed above list price, with the average sale-to-list ratio just over 101%, reflecting lingering seller leverage even as the market gauge still labels South Lakes a seller’s market. Whether you are a buyer navigating higher list prices or a seller trying to price correctly in a changing environment, Agent Pronto can connect you with a local agent who understands these dynamics.



Learn more about what South Lakes has to offer.

South Lakes offers residents a welcoming, close-knit community, abundant outdoor recreation, convenient local amenities, and a balanced lifestyle that supports daily life and lasting growth.

South Lakes offers a daily rhythm shaped by water, trails, and easy access to nearby urban amenities. Mornings often start with lake views and a quick commute toward Wasilla, Palmer, or Anchorage, while afternoons might mean paddling on quiet coves or walking local paths with mountain backdrops.

Families appreciate proximity to schools in the Matanuska-Susitna Borough School District, along with nearby playgrounds and sports fields. Everyday errands are simple, with grocery stores, coffee spots, and services a short drive away in Wasilla. On free days, residents head to Matanuska-Susitna Borough parks for hiking, fishing, and winter recreation, or explore regional attractions like the Iditarod Headquarters for a closer look at local history and culture.

Life in South Lakes balances privacy with community. Waterfront homes, newer subdivisions, and wooded lots offer different lifestyles, from low maintenance living to space for toys and gear. Seasonal changes shape daily routines, with long summer evenings on the deck and snowy winters that favor skiing and snowmachining.

Because each pocket of South Lakes has its own character, local insight matters. Agent Pronto connects you with an experienced area agent who understands the lakes, neighborhoods, and market trends, helping both buyers and sellers move forward with confidence.

Find your South Lakes real estate agent today →


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“Kathy Bradley is knowledgeable, professional, proactive, experienced, pleasant, patient and kind. We love working with her!”

Jane Gilman · Saint Peters, MO

Photo of Kathy Bradley
Keller Williams Realty West
“Miss Vanda was very attentive to my needs and wants she followed through and kept me aware of all moves and activities pertaining to the cell her open house was great a lot of people came through loved working with her.”

Wade Acker · Houston, TX

Photo of Vanda Crossley
eXp Realty
“From the first time we talked she made me feel like we knew eachother for a long time. One thing that stood out was she wasnt there to sell me any house, she was there to help me find the right one which we did. Never once tried to push me into somthing i didnt want and instead always answer all my questions and take me on plenty of house tours. Will be using her down the road again if i ever need, and will tell people i know about her.”

Josh Homister · Moose Jaw, SK

Photo of Julie Davidson
Royal Lepage Next Level
“Chris was very understanding and respectful for our wants in our new home. He listened to our requests and was able to show us many homes that he felt were on our dream list. He succeeded and we got the home of our dreams. Chris is US Veteran and as a USMC Vereran my wife and I were treated with nothing but professionalism and attentive. Him and his team were very informant and easy to work with. They answered every text and calls of specific questions and or concerns. I would deeply recommend The Beal Group to all families looking for a great Realtor, especially a US Military Family.”

Gerardo Q · La Vernia, TX

Photo of Christopher Beal
Exp Realty, LLC
“It was a pleasure working with John on my first home buying experience! He was excellent at communicating and being available whenever I had any questions. With John's knowledge and expertise, I was able to find my dream home!”

Michelle Pimentel · Santa Rosa, CA

Photo of John Kenny
Century 21 Baldini Realty
“When arriving to Wyoming in 2022, I worked with Trenille to purchase my house. My son and I immediately liked Trenille. She made purchasing the house a very good experience for us. Trenille is utmost professional but affable at the same time. Trenille possesses knowledge of the area and spent two days showing me properties in Laramie and Cheyenne. She's excellent with communication and negotiation and i closed on a house within a month. Fast forward to now, when I retired and newly married, there was no doubt who was going to be my listing agent. I made the call to trenille, told her what was going on and fleshed out a time frame when she would market it. Proper compares and valuations were provided in short order by Trenille. Trenille and her team staged my house. My house was under contract within 3 hours after listing and closed within 27 days at full asking. Trenille handled all details far beyond what someone would normally expect. She's a great lady. Glad I know her!”

Rob Senesi · Cheyenne, WY

Photo of Trenille Young
Century 21 Bell Real Estate
“Sheri and Armand worked with my family tirelessly to truly find us our dream house. My husband and I had a very specific list of expectations and this incredible team hit every single item. They went to multiple open houses, did hours of research, answered every silly question I had. You could not find a better team to find you the house of your dreams.”

Saunders Family · Marlborough, MA

Photo of Sheri Barrette
Media Realty, LLC
“If you’re looking for a realtor who truly goes above and beyond, I can’t recommend Jenny Chaney enough. I was in a very difficult situation and had a very short window to sell my house. What felt overwhelming to me, Jenny handled with confidence, professionalism, and urgency. From day one, she was responsive, knowledgeable, and always kept me informed throughout the entire process. She worked tirelessly to make sure everything stayed on track, and thanks to her dedication, we were able to get my house sold within the tight timeline I had. Not only is Jenny an excellent realtor, but she genuinely cares about her clients and treats you like more than just another transaction. She fought for the best outcome and made a stressful experience so much easier. I am incredibly grateful for everything she did and wouldn’t hesitate to recommend Jenny Chaney to anyone looking to buy or sell a home. Thank you for making what seemed impossible become a reality!”

Jacob Krutsch · Holt, MI

Photo of Jenny Chaney
Century 21 Affiliated
“Valeria was an excellent choice to buy my first house and to sell it now. Working with her during my buying process was great, and now she again did an excellent job supporting and guiding us through the sale of our house. Valeria has knowledge of the current market and the best price you can offer to sell your house, based on current property values. She has been a great pleasure to work with, and having her on my side during these two important events in my life made a huge difference. Thanks, Valeria!”

Yeannie Vargas · Waterbury, CT

Photo of Valeria Amarante
Century 21 Scala group
“I recommend Michele most highly! She is a caring, professional and very knowledgeable person. Michele is an awesome realtor.”

Mary Shepherd · Bismarck, ND

Photo of Michele  Hernandez
Century 21 Morrison Realty
“Angela extremely good @ real estate Broker , I wish I knew Angela when I moved to Lansing a couple years ago . Just over all a good business lady!!”

Ken Mentor · Lansing, MI

Photo of The Angela Averill Team
Century 21 Affiliated
“Nathan provided one of the best experiences you could have with selling a home. He's very easy to talk to, answered the phone almost anytime I called, and has very new and effective ways of marketing. Will definitely be working with him again!”

Adam Leamons · Hot Springs, AR

Photo of Nathan Cain
Pinnacle Realty Advisors
“Patrick Johnson, Thank you for all your help on this complicated sale of our family home your knowledge patience and constance weekly updates made this transaction go a lot easier than it was. on behalf of my family members we want to thank you sincerly of all that you did. Myron Humphreys & family.”

Myron Humphreys · Marysville, WA

Photo of Patrick Johnson
Century 21 North Homes Realty
“Farrah listened carefully to what we needed for our family situation. She set up property showings as soon as we asked for them. We felt that she communicated well with other agents and gave us practical advice. Farrah is the agent that we would recommend to anyone we know, and we will ask her to represent us next time.”

Juanita · Regina, SK

Photo of Farrah Falconer
eXp Realty
“Carli landed in my life at a very hard transition point and was an absolute gift to work with. She took the home-selling process off my hands and got the entire thing completed quickly and easily, while just being so patient and kind throughout. I couldn't have done any of this without her and would absolutely recommend her to anyone.”

Ashley R · Kalispell, MT

Photo of Carli Yarde
NorthScapes Realty
“Incredibly professional and knowledgeable. She truly helped find a place that fit us well. Gave honest professional advice and helped us look at each property with a critical eye. So happy we found her! Would absolutely go through her again for all of our real estate needs.”

Sarah Cremeans · Albany, OH

Photo of Loree Rupe
e-Merge Real Estate
“Very happy with sale of my property outcome. Very professional on sale presentation and management of sale challenges. Will recommend Matias and agency on sale or purchase of properties.”

Alfredo H · Yuma, AZ

Photo of Matias & Carol Rosales
Realty ONE Group Gateway
“Sailloft Realty has managed our short term rental for many years. When it came time to sell, they were the natural choice. Suzanne Gualtney was incredibly helpful with the whole process. The sale went quickly without a hitch, even though we were many miles away. Many thanks to her and all the staff at Sailloft Realty.”

Cynthia · Oriental, NC

Photo of Suzanne & Larry Gwaltney
Century 21 Sail / Loft Realty
“Kyle did a great job getting our house on the market and selling quickly. He made the whole process painless.”

Melissa McEachern · Milwaukee, WI

Photo of Kyle Ristow
Forward Realty Partners
“Ryan Haagenson was with us every step of the way, and we felt comfortable with his level of expertise and professionalism. He is extremely responsive and great negotiator.”

Alec · Clear Lake, MN

Photo of Ryan Haagenson
RE/MAX Results

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around South Lakes. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.