Northwest Arctic Borough Land Prices: $2,376 Per Acre (2025 Analysis)
In Alaska, land prices can vary significantly from one county to another. On average, an acre of land in Alaska costs $66,617. However, if you're looking for the most affordable option, Northwest Arctic Borough stands out as the cheapest at $2,376 per acre.
In contrast, North Slope Borough is the most expensive with an average price of $263,275 per acre. This report will guide you through the land market in Northwest Arctic Borough, including current listings, market demand, and appreciation trends.
Current Cheap Land Listings in Northwest Arctic Borough (Updated Mar 2025)
As of Mar 05, 2025, there are 3 active listings in Northwest Arctic Borough with the cheapest price per acre.
Here are some of the listings with the lowest price per acre:
| Address | Price | Lot Size | Price Per Acre | Link |
|---|---|---|---|---|
| Lot 1 US Survey #8848 | $140,000 | 160.0 acres | $875 | View Listing |
| NHN L2 US 10911 | $184,000 | 159.0 acres | $1,157 | View Listing |
| 861 5th St | $130,000 | 0.4 acres | $362,837 | View Listing |
Additionally, here are the listings with the absolute lowest price:
| Address | Price | Lot Size | Price Per Acre | Link |
|---|---|---|---|---|
| 861 5th St | $130,000 | 0.4 acres | $362,837 | View Listing |
| Lot 1 US Survey #8848 | $140,000 | 160.0 acres | $875 | View Listing |
| NHN L2 US 10911 | $184,000 | 159.0 acres | $1,157 | View Listing |
Market Demand Analysis for Northwest Arctic Borough
- Active Listings: 3
- Pending Sales: 0
- Sold (Last 12 months): 3
- Total Listings: 6
- Turnover Ratio: 100.0%
The turnover ratio (number of sold listings / number of active listings) in Northwest Arctic Borough is 100%, which is higher the state average of 67%. This indicates that land in Northwest Arctic Borough is more in demand compared to other parts of the state.
Relative to the number of parcels, land in Northwest Arctic Borough is less in demand than the state average of 0.19%. Here's a table showing the number of parcels, sold listings, and ratio for Northwest Arctic Borough and the top 3 counties:
| County | Parcels | Sold Listings | Sold/Parcel Ratio |
|---|---|---|---|
| Northwest Arctic Borough | 24,293 | 3 | 0.01% |
| Kenai Peninsula Borough | 65,820 | 591 | 0.90% |
| Southeast Fairbanks Census Area | 6,096 | 50 | 0.82% |
| Haines Borough | 4,628 | 25 | 0.54% |
Land Parcel Analysis
Relative to the number of parcels, land in Northwest Arctic Borough is less in demand than the state average of 0.19%. Here's how Northwest Arctic Borough's land market activity compares to the state average:
- Total Land Parcels in Northwest Arctic Borough: 24,293
- Percentage of Parcels Sold (Last 12 months): 0.01%
- State Average Percentage Sold: 0.19%
How Quickly Does Land Sell in Northwest Arctic Borough?
- Land in Northwest Arctic Borough sells faster than the state average.
- Median Days on Market in Northwest Arctic Borough: 163 days
- State Average: 194 days
This means that when land is listed for sale in Northwest Arctic Borough, it typically takes 163 days to find a buyer.
Best Land Brokers and Realtors in Northwest Arctic Borough
If you're looking for professional assistance in purchasing land, here are some of the top brokers and realtors in Northwest Arctic Borough who have sold the most land in Alaska over the last 12 months.
| Broker | Phone | Transactions | Total Volume | Avg DOM |
|---|---|---|---|---|
| Keller Williams Realty Alaska Group Of Wasilla | 907-864-6500 | 103 | $9,192,998 | 174 days |
| Elite Real Estate Group | 907-376-7653 | 39 | $7,136,600 | 219 days |
| Re/Max Dynamic Properties | 907-865-4700 | 36 | $6,834,418 | 126 days |
| Redoubt Keller Williams Realty Alaska Group | 907-262-8855 | 106 | $6,313,974 | 203 days |
| Berkshire Hathaway Homeservices Alaska Realty | 907-646-3600 | 24 | $4,175,000 | 350 days |
| Century 21 Realty Solutions Freedom Branch | 907-262-1770 | 61 | $4,149,555 | 137 days |
| Jack White Real Estate Soldotna | 907-420-0655 | 59 | $4,083,000 | 102 days |
| Jack White Real Estate Mat Su | 907-376-2414 | 62 | $3,716,700 | 338 days |
| Bay Realty | 907-235-6183 | 32 | $3,325,900 | 404 days |
| Real Broker Alaska | 855-450-0442 | 44 | $3,303,200 | 113 days |
Source
Data from this article comes from the LandScraper Platform.
The LandScraper Platform simplifies and automates the boring parts of land market research to help you find better markets, make better decisions - all while saving time and saving money.
