Wasilla's real estate market is experiencing a price correction, with values down 5.5% from last year. Home prices have decreased 26.9% in the past month. With 2.3 months of supply, Wasilla's inventory levels remain relatively tight. Homes are now taking an average of 94 days to sell, significantly longer than the 15 days typical for this market. Approximately 45.5% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Wasilla market with the affordability index at 190.1. Looking ahead, the Wasilla market is expected to maintain its current trajectory with relatively stable conditions.