99623 — Matanuska-Susitna Borough, Alaska Market Snapshot

Housing market data for zip code 99623 in Matanuska-Susitna Borough, Alaska. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

143 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$399,000

3.6% YoYClosed sales

Days to Sell

31

Median, listing to close

Homes Sold

143

Closed in 2026

Inventory

160

Sale-to-List

99.2%

New Listings

264

Price/SqFt

$257

Pending Sales

205

Conforming Loan Available

Most homebuyers in 99623 can comfortably use conventional financing. The median home price of $399,000 is well below the 2026 conforming loan limit of $1,249,125, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

99623's market is balanced with homes taking an average of 31 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

Homes are selling very close to asking price in 99623 (99.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 99623 can comfortably use conventional financing. The median home price of $399,000 is well below the 2026 conforming loan limit of $1,249,125, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 99623 are set at the county level.

2026 Loan Limits — Matanuska-Susitna Borough

Property Units Conforming Limit FHA Limit
1 Unit$1,249,125$541,287
2 Units$1,599,375$693,050
3 Units$1,933,200$837,700
4 Units$2,402,625$1,041,125

Affordability Snapshot — Zip 99623

To purchase the median home at $399,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,207.

Monthly Payment

$3,207

Income Required

$137,443

Principal & Interest

$2,459/mo

Down Payment (5%)

$19,950

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 99623.

%
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Estimated Monthly Payment

$2,619

Principal & Interest$2,070
Property Tax$399
Insurance$150
Loan Amount$319,200
Total Interest$426,119
Income Required$112,257/yr

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