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Housing in Big Lake · A seller's market

A typical Big Lake home is worth roughly $299,000

Homes typically sell in 30 days, below asking.

Typical home value
$299K
AK $353K
Estimate
Median sale price
$379K
May 2026 · Redfin
Days on market
30
Slower than AK (22)
Sale-to-list
94.7%
Homes sell below asking
Homes sold
10
in May · 37 for sale
2-bedroom rent
$1,250
a month, utilities in · HUD
Median tax bill
$3,174
AK $3,901

What kind of housing town is Big Lake?

Read from the numbers below. The page puts what stands out first.

★ What stands out · The homes

82% of Big Lake households own their home

Half of Big Lake’s homes were built before 1993.

Owners and renters
Own 82%Rent 18%

Alaska: 67% own.

1993
typical home built · AK 1986
$3,174
median property tax bill · AK $3,901
1.06%
of a home’s value, a year in tax · AK 1.11%
41%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Affordability

A typical home costs 3.7 years of income

About the same as across Alaska. Try your own numbers below.

You could afford about
$308,000
Typical Big Lake home $299K

That covers a typical Big Lake home, with $10K to spare.

The typical home, each month
$1,830
Loan $1,480Tax $260Insurance $90

A two-bedroom rents for about $1,250 a month here, $580 less than owning.

How Big Lake ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Big Lake’s typical property tax (1.06% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Market temperature

A seller's market

Supply is tight — about 3.7 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

BalancedA seller's marketBuyer’sSeller’s

Under ~4 months of supply favors sellers; over ~6 favors buyers.

3.7
months of supply · AK 2.2
30
days to sell · AK 22
94.7%
of asking price, at sale
0%
sold above asking
55.6%
under contract within 2 weeks
26
new listings in May

Redfin Data Center, all residential sales, May 2026.

Renting

A two-bedroom rents for about $1,250

Renters already here pay a median of $1,235.

Fair Market Rent a month, utilities included

Studio$920
1 bedroom$950
2 bedrooms$1,250
3 bedrooms$1,760
4 bedrooms$2,110
18%
of households rent · AK 33%
218
renter households
59%
of renters spend 30%+ of income on rent · AK 45%
18%
of the median income, for a two-bedroom
$1,235
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Matanuska-Susitna Borough, AK HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Big Lake vs. its neighbors

Big Lake is the 3rd least expensive of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Big Lake$299K*—$1,250—$81,406
Knik-Fairview$340K*+4.8%†$1,470—$96,437
Point MacKenzie—+5.3%†$1,560——
Willow$259K−1.3%$1,310—$89,000
Houston$295K*—$1,2703$73,015
Meadow Lakes$323K*+5%†$1,480—$81,699

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

On the market in Big Lake

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Big Lake buyers, sellers and renters are saying.

Town Square →
Weigh in
The data says Big Lake is a seller's market. Is that what you’re seeing?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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