Farm Loop, AK Housing Market

Homes for sale

The Farm Loop housing market is somewhat competitive. The median sale price of a home in Farm Loop was $550K last month, up 7.8% since last year. The median sale price per square foot in Farm Loop is $219, up 3.8% since last year.

Trends
Demand
Migration
Schools
Climate

Farm Loop Housing Market Trends

What is the housing market like in Farm Loop today?

In October 2024, Farm Loop home prices were up 7.8% compared to last year, selling for a median price of $550K.

$550K

Sale Price

+7.8%
since last year

$219

Sale $/Sq. Ft.

+3.8%
since last year

Under List Price

0.7%

Days on Market

29.5

Down Payment

—

Total Homes Sold

To compare other locations to the Farm Loop and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Farm Loop add value to a home.

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How hot is the Farm Loop housing market?

Farm Loop is somewhat competitive. Homes sell in 29.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 30 days.
Hot homes
can sell for around list price and go pending in around 12 days.

Compare With Nearby Cities

Anchorage

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 15 days.
Hot homes
can sell for about 1% above list price and go pending in around 5 days.

Wasilla

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 18 days.
Hot homes
can sell for about 1% above list price and go pending in around 6 days.

See more nearby cities and neighborhoods

Farm Loop Migration & Relocation Trends

In Aug '24 - Oct '24, 43% of Farm Loop homebuyers searched to move out of Farm Loop, while 57% looked to stay within the metropolitan area.

Where are people moving to Farm Loop from?

Across the nation, 0.08% of homebuyers searched to move into Farm Loop from outside metros.
Seattle homebuyers searched to move into Farm Loop more than any other metro followed by Los Angeles and Denver.

Where are people from Farm Loop moving to?

57% of Farm Loop homebuyers searched to stay within the Farm Loop metropolitan area.
Phoenix was the most popular destination among Farm Loop homebuyers followed by Hilo and Tucson.

Number of People Moving to Farm Loop

least

most

People are moving to Farm Loop from

Inbound		Net inflow
Metros		Aug '24 - Oct '24
1	Seattle, WA	179
2	Los Angeles, CA	38
3	Denver, CO	25
4	San Francisco, CA	21
5	New York, NY	20
6	Washington, DC	17
7	Salt Lake City, UT	14
8	Sacramento, CA	10
9	Honolulu, HI	9
10	Atlanta, GA	8

People are leaving Farm Loop for

Outbound		Net outflow
Metros		Aug '24 - Oct '24
1	Phoenix, AZ	51
2	Hilo, HI	19
3	Tucson, AZ	14
4	Las Vegas, NV	13
5	Orlando, FL	10
6	Portland, OR	9
7	Boise, ID	8
8	Spokane, WA	7
9	Greenville, SC	6
10	Pittsburgh, PA	4

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

Schools in Farm Loop

Learn about schools in the Farm Loop area

Elementary
Middle
High

GreatSchools Rating

5/10 Sherrod Elementary School Public • K-5	367 Students	1 reviews
NR Swanson Elementary School Public • PreK-2	344 Students	1 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Farm Loop housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Farm Loop.

Provided by First Street Foundation

More real estate resources for Farm Loop

New Listings in Farm Loop

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