Photo: Malcolm Manners · CC BY 2.0138 homes sold in Gateway in the last year, at a typical $495K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Gateway homes are listed.
Every place Gateway homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Gateway.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 96% of Gateway’s sales, at a typical $501K
138 homes sold in the year to May 2026.
typical sale · 133 sold in 12 months
- Per square foot
- $275AK $248
- Days to sell
- 45
- Sold over asking
- 28%
- Listings with a price cut
- 17%
Multi-family (2–4 units): 1 sold, typical $450K
Condos: 4 sold, typical $336K
Too few sales in 12 months for reliable figures.
More homes sell than most years, at 1.5 times the 2016 price
138 sales in the last year, against 141 in 2022 and a low of 82 in 2017. The typical sale went from $339K in 2016 to $495K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $500K buys in Gateway
Check a listing against what Gateway homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Gateway are more common than before the pandemic, but a third fewer homes come up for sale
We read every month of Gateway’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 138 sales.
If you’re buying in Gateway
- Shop in July. It brings about 16 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
- Bid near asking. Buyers paid 100.1% of the list price on average; 28% paid over.
- You’ll usually have time. Only 38% of homes go under contract within two weeks; the typical one takes 44 days.
Spring brings the homes; summer brings the bidding wars
April has the most new listings (about 18 a month), but June is the most competitive: 32% of June sales close over asking. July offers nearly as much choice with fewer homes bid up (23%). November has the least competition (14%) but only about 6 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Alaska as a whole
| Gateway now | 2017–19 | 2021 peak | AK now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 28% | 18% | 33% | 24% |
| Gone within two weeksShare of homes under contract within 14 days | 38% | 2% | 51% | 37% |
| Listings with a price cutShare of homes for sale that cut their price | 17% | — | 22% | 26% |
| Price paid vs. askingAverage sale price ÷ list price | 100.1% | 99.2% | 100.1% | 99.1% |
| Days to sellMedian days from listing to contract | 44 | 120 | 35 | 33 |
32 homes for sale on a typical day
That’s 1.5 times the 2021 low (21), 37% fewer than in 2017–19 and well under 2018’s 57.
1 in 6 listings has cut its price
17% in the last year, against — in 2017–19 and 26% across Alaska.
Houses and condos, year by year
A house typically sold for $501K in the last year (133 sales), a condo for $336K (4).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Gateway ranks 6th of 19 busy Alaska markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Gateway is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Gateway home costs about $3,048 a month
Price: Gateway’s typical sale, last 12 months. Property tax at Gateway’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Gateway is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 6.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $495K home, about $5,580 a year.
Taxes vs. neighborsSchools
The schools grade for Gateway, from test results, graduation and how much students grow.
Schools in GatewayCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
South Lakes, Palmer, North Lakes, Farm Loop, Butte and Wasilla sell for less a square foot
The busier markets within 25 miles of Gateway, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| North Lakes | 142 | $452K | $253 | 29% | 29 |
| Gateway | 138 | $495K | $271 | 28% | 44 |
| Wasilla | 129 | $483K | $242 | 25% | 33 |
| Palmer | 83 | $387K | $257 | 27% | 27 |
| South Lakes | 61 | $435K | $245 | 30% | 43 |
| Farm Loop | 47 | $524K | $239 | 34% | 36 |
| Butte | 40 | $485K | $252 | 20% | 36 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Gateway, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Gateway. People who follow the town see it, and so do people comparing Gateway with their own town. No commission, no listing fee.
Questions about buying a home in Gateway
What do homes sell for in Gateway, AK?
138 homes sold in the year to May 2026 at a typical $495K, $271 a square foot.
Is Gateway a buyer’s or seller’s market?
A seller’s market: 38 homes were for sale in May 2026 and 16 sold, about 2.4 months of supply. Buyers paid 100.1% of asking on average, and 17% of listings cut their price.
When is the best time to buy in Gateway?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Gateway?
About 1.1% of a home’s value a year. On a $495K home that’s near $5,580.
Where can I see homes for sale in Gateway?
Zillow, Redfin, Realtor.com and Homes.com all carry Gateway’s MLS listings; the search links above open each one filtered to Gateway.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).