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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 November 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

Jul 1, 2026 - Sep 30, 2026

Median sale price
$475K
-10% from Q2 '26
Median list price
$455K
-23% from Q2 '26
Active listings
36
+50% from Q2 '26
Homes sold
17
+55% from Q2 '26
New pendings
19
+90% from Q2 '26
New listings
23
+9.5% from Q2 '26

Quarterly Pricing Trends for South Lakes

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

Quarterly Pricing Trends for South Lakes Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 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 sale price in Apr 2026 - Jun 2026: $530K Median sale price in Jul 2026 - Sep 2026: $475K 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: $474K Median list price in Apr 2026 - Jun 2026: $589K Median list price in Jul 2026 - Sep 2026: $455K 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 $474K Apr 2026 - Jun 2026 Median sale price $530K Median list price $589K Jul 2026 - Sep 2026 Median sale price $475K Median list price $455K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
19
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 (Jul 2026 - Sep 2026).

Home values in South Lakes have climbed notably on a rolling three‑month basis, with the typical home value up more than 16 percent compared with a year ago. At the same time, list prices are only slightly higher year over year, hinting that sellers are not fully pricing in the stronger closed-sale gains.

Inventory and sales activity show a mixed picture in this three‑month view. Active listings are down about 9 percent from last year, while homes sold have fallen nearly 14 percent. New listings are also lower year over year, which keeps options limited for buyers.

Conditions still lean toward sellers, with months of supply around 2.8 and down more than 23 percent from a year ago, signaling relatively tight availability. Homes are taking longer to sell than last year, with median days on market up to 33, yet almost a third still go off market within two weeks. Negotiations are slightly cooler, as only about 29 percent of homes sell above list and the average sale-to-list ratio sits just under 99 percent. In this nuanced environment, both buyers and sellers in South Lakes can benefit from Agent Pronto’s help in finding an agent who understands these trends and can guide their next move.



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 →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“John made purchasing our house seamless. He was on top of everything start to finish and we couldn’t be more thankful to have crossed paths with him. 10/10 recommend John if you are buying or selling your home in the Anchorage area. Look forward to working with him again”

Brandon Norman ·

Photo of John Bowen
Herrington and Company
“Sean was great to work with. Professional, responded promptly to emails, texts and calls. He provided me with information to make an informed decision on how to list my house.”

Robin Cope · Anchorage, AK

Photo of Sean Williams
eXp Realty The Palmer Group
“We cannot say enough wonderful things about Valeria Carter and the incredible experience she gave our family during such an important season of our lives. Buying a home is a huge decision under normal circumstances, but doing it as part of our final military move and preparing for retirement made it even more emotional and overwhelming. From the very beginning, Valeria went above and beyond to make the entire process as smooth and stress-free as possible. We were living in different states throughout the home-buying process, and she never once made us feel like we were on our own. She was our eyes and ears when we couldn't be there, taking the time to walk through homes, answer every question, provide honest advice, and keep us informed every step of the way. What stood out most was how genuinely invested she was in helping us find the right home—not just making a sale. She listened to what our family needed, understood the importance of this being our final military move, and treated our home search with the same care and excitement that we felt. Valeria was incredibly patient, responsive, knowledgeable, and compassionate. She made a complicated process feel manageable, even from states away. We truly felt like we had someone in our corner who cared about our family and wanted the best for us. We are beyond grateful that Valeria was the person who helped us find our home and begin this new chapter after years of military life. We would recommend her to absolutely anyone looking to buy or sell a home. If you're looking for a realtor who will go above and beyond, communicate every step of the way, and genuinely care about your family, Valeria Carter is the one! Thank you, Valeria, for helping make our final military move and retirement transition so incredibly special. We will always be grateful for everything you did for our family!”

Maranda Hernandez ·

Photo of Locals Realty Group
Real Brokers llc
“Our home sale transaction with Dane was great. He responded promptly and thoroughly to all questions and always laid out options and gave a recommendation but did not pressure us. I would highly recommend him for buying and selling, as I know he knows the local market very well and is tapped in with so many agents in Anchorage that he can facilitate off-market sales too.”

zuser20140605101430193 ·

Photo of Dane Black
Real Broker
“We had an amazing experience working with Dave and Travis from start to finish. They were professional, responsive, and genuinely cared about helping us find our perfect home. They took the time to listen to what we wanted and delivered exactly that - our dream home! They patiently answered all our questions, explained every step clearly and made the entire experience smooth and stress-free. Even after we closed, they continued to check in and offer help, which truly went above and beyond our expectations. If you are looking for someone who’s knowledgeable, trustworthy, and dedicated, I can’t recommend Dave and Travis enough. They made buying our home a wonderful experience!”

mcopsey60 ·

Photo of Dave Johnson
Elite Real Estate Group
“My agent was Zach Mathieu. I was absolutely thrilled with his promptness in communicating with me by text, Raul or on the phone. From the time of my offer to my closing, it was about 4.5 weeks. It was a low key, no stress transaction, all because of Zach. Zach is incredibly knowledgeable about the whole process, including the right people for the inspection process and all of the current rules and regulations. I would not hesitate to recommend Zach Mathieu to anyone wanting a fabulous realtor to meet and exceed any home buying or selling need of theirs. Zach has now become my entire family's realtor. Give him a call for your real estate needs.”

tblakes78 ·

Photo of Luke & Liz Steele
Keller Williams Alaska Group
“Kat was amazing! She was very helpful every step of the way and answered all of my many questions. I really felt like she was on our team. I really felt I was making the right decision with my house because of her. Highly recommend.”

carleymoberg94 ·

Photo of Katerina Sicotte
Alaska Real Estate Associates, LLC
“I can't say enough good things about my experience! As an out-of-state seller, I was nervous about managing everything remotely, but Amy made the process incredibly smooth and stress-free. They were communicative, professional, and went above and beyond to help me sell a truly special piece of property. Their knowledge of the local market and attention to detail ensured everything was handled with care and precision. I'm so grateful for their help and highly recommend them to anyone--local or out of state--looking to buy or sell.”

Ashley wilson Dustin Daniels ·

Photo of Amy Bacon
Keller Williams Alaska Group
“Brandy is an amazing person to work with. She is so knowledgeable and I felt like she knows what she is doing. I can't say enough about how she gets to know what you are looking for. I 100% recommend her to all my friends and family! No one I would ever recommend more.”

user99696158 ·

Photo of Brandy Pennington
Brandy Pennington Anchorage Real Estate
“Rod was an amazing person to work with on selling our home. After trying to sell our home that needed repairs for 8 months, Rod came on board and took care of everything while we were out of state and sold our house within 2 months. It was an absolutely painless process with Rod as our realtor, and we are so appreciative of him. I would recommend him to absolutely anyone interested in buying or selling in Anchorage, AK.”

walter132435 ·

Photo of Rod Burris
Real Broker Alaska, LLC
“This is a long overdue review. I worked with Drew on both the buy and sell side and his professionalism was top notch. Being an agent myself, I came into the process with very high expectations. Drew made everything a breeze and delivered beyond my expectations. He took the time to listen and executed our game plan flawlessly. Purchasing and selling a property 100% remotely was a tall order, but Drew delivered. I'm extremely happy with both transactions and would highly recommend Drew to anyone!”

Sam Yoo ·

Photo of Drew Jones
Alaska Statewide Realty Co
“Christopher was a very accomodating & knowledgeable realtor. He is kind, very friendly and professional. He was available to answer any questions we had, quick to schedule any viewing we wanted. He truly ‘knows his stuff’ Thankyou Chris for helping us with finding and securing our wonderful made-for-us home.”

zuser20151113195045054 ·

Photo of Dustin Renner
Keller Williams Alaska Group
“I highly recommend Shannon Parberry . Her professionalism, expertise, responsiveness, and experience truly helped guide the selling process of our estate house and land every step of the way. Her excellent communication and deep knowledge facilitated a successful result for our family . She and her team went above and beyond to assist with all the situations that arose while preparing for , marketing, and negotiating the sale of our properties. I would certainly work with her again if I ever had real estate business in the area.”

Laura S ·

Photo of Shannon Parberry
Jack White Real Estate

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.