All Home Types
South Lakes, AK Housing Market
What is the housing market like in South Lakes today?
In December 2024, South Lakes home prices were down 21.2% compared to last year, selling for a median price of $404K.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$403,500
-21.2% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
South Lakes, AK
$403,500
-21.2%
United States
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South Lakes Migration & Relocation Trends
In Oct '24 - Dec '24, 44% of South Lakes homebuyers searched to move out of South Lakes, while 56% looked to stay within the metropolitan area.
- Across the nation, 0.08% of homebuyers searched to move into South Lakes from outside metros.
- Seattle homebuyers searched to move into South Lakes more than any other metro followed by Los Angeles and San Francisco.
Where are people moving to South Lakes from?
- 56% of South Lakes homebuyers searched to stay within the South Lakes metropolitan area.
- Phoenix was the most popular destination among South Lakes homebuyers followed by Hilo and Las Vegas.
Where are people from South Lakes moving to?
Number of People Moving to South Lakes
least
most
People are moving to South Lakes from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Oct '24 - Dec '24 | ||
| 1 | 201 | ||
| 2 | 28 | ||
| 3 | 27 | ||
| 4 | 21 | ||
| 5 | 13 | ||
| 6 | 8 | ||
| 7 | 6 | ||
| 8 | 5 | ||
| 9 | 5 | ||
| 10 | 5 | ||
People are leaving South Lakes for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Oct '24 - Dec '24 | ||
| 1 | 44 | ||
| 2 | 29 | ||
| 3 | 24 | ||
| 4 | 7 | ||
| 5 | 6 | ||
| 6 | 4 | ||
| 7 | 4 | ||
| 8 | 4 | ||
| 9 | 4 | ||
| 10 | 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.
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in South Lakes.
Provided by First Street Foundation
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