Trends in the Chugiak Alaska real estate market reflect significant increases in sales price from 2012 to 2013. The May, 2013, average sales price was $368,636. Five-year price increases also reflect this upward trend; since 2008, the median price of houses for sale in Chugiak AK has jumped by 53.4 percent.
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Home value trends in Chugiak Alaska real estate reflect higher average home values than many neighboring areas. At $375,200, the average home value in Chugiak has increased by 6.2 percent from 2012 to 2013 and continues to climb.
The Chugiak Alaska real estate market encompasses about 8,300 residents. The town does have its own hub of restaurants, services and shops, but most Chugiak residents work in Anchorage -- about 20 miles to the southwest -- or in the Matanuska-Susitna Valley, which is home to Palmer and Wasilla.
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In fact, part of Chugiak's attraction lies in its proximity to Alaska's largest city, as well as the scenic beauty and recreational activities that are just a short drive north or south on the Glenn Highway. Many houses for sale in Chugiak take full advantage of the region's mountain views and unspoiled landscapes. Plus, the town is just a short drive from Chugach State Park, which offers almost 500,000 acres of wildlife habitat, home to brown and black bears, lynx, fox, bald eagles and moose. The appeal of Chugiak Alaska real estate is clear: A multitude of outdoor recreation and urban amenities all within driving distance make Chugiak an attractive place to call home.
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Listing information last updated on October 1st, 2023 at 1:49pm AKDT.
