Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$408,655+6.3% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 21% have cut their price
Income needed to buy, per year$88,588About 0.9× the local median income ($98,022): affordable for a typical household
Days on market69 daysAbout the same pace as a year ago
Next 12 months+3.6%Zillow expects prices to rise slightly
The typical home in Matanuska Susitna Borough, AK is worth $408,655, up 6.3% from a year ago. That is well above what local incomes have historically supported: fair value is about $368,677, so the area is 10.8% overvalued. It is a balanced market: homes take about 69 days to sell, listings are up 10% from a year ago, 21% of listings have had a price cut. Zillow expects prices to rise about 3.6% over the next year. A household needs about $88,588 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $98,022. Typical rent is $1,866 a month, or $2,590 for a house. In the latest IRS figures, 996 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$408,655
Change in 1 year
+6.3%
Overvalued %
+10.8%
Show 7 more
Fair home value
$368,677
Change in 5 years
+23.9%
Zillow forecast, next 12 months
+3.6%
Home value to income
4.2×
Monthly mortgage payment (20% down)
$2,215
Income needed to afford it
$88,588
Property tax rate
1.06%
Rent and investing
Typical rent
$1,866
Typical rent for houses
$2,590
Price-to-rent ratio
18.3×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,293
Gross rental yield
5.48%
Cap rate (estimate)
3.56%
Market activity
Listings vs a year ago
+10.4%
Days on market
69
Listings with a price cut
21.2%
Show 3 more
Homes for sale
574
Pending sales per 100 listings
44
Asking price per sq ft
$269
People and jobs
Median household income
$98,022
Population change (1 year)
+1.2%
Unemployment rate
5.8%
Show 4 more
Population
118,666
Income adjusted for cost of living
$93,000
Net moves in (IRS)
+996
Cost of living (US = 100)
105.4
Schools, risk and environment
School rating (1 to 10)
6.8
FEMA hazard risk score (0 to 100)
93.3
Unhealthy air days a year
2
Show 4 more
Flood risk score
51.3
Wildfire risk score
94.7
Walkability (1 to 20)
5.5
Road, rail and air noise
54 dB
Questions people ask
Is Matanuska Susitna Borough, AK overvalued?
Home prices in Matanuska Susitna Borough, AK are well above what local incomes have historically supported: fair value is about $368,677, so the area is 10.8% overvalued.
Is Matanuska Susitna Borough, AK a buyer's or seller's market?
Matanuska Susitna Borough, AK is a balanced market: homes take about 69 days to sell, listings are up 10% from a year ago, 21% of listings have had a price cut.
Are home prices going down in Matanuska Susitna Borough, AK?
Home values in Matanuska Susitna Borough, AK are up 6.3% over the last year. Zillow's forecast for the next 12 months is +3.6%.
How much do you need to earn to buy a home in Matanuska Susitna Borough, AK?
A household needs about $88,588 a year to afford the typical home in Matanuska Susitna Borough, AK at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $98,022.