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Farm Loop

Farm Loop

$440,046 Average Value
$245 Average Price per Sq Ft
13 Homes For Sale

Farm Loop is a rural community with an easy commute to Anchorage

You'll be udder-ly satisfied living in Farm Loop, a Palmer community encompassing miles of pastoral farmland against the majestic Chugach Mountains. "It's a great place to buy land and new construction, and you can still commute easily to Anchorage, which most residents do for work," says Realtor Richelle Killian with Keller Williams Realty Alaska Group. Offering beautiful new construction, excellent schools and proximity to so many indoor and outdoor amenities, Farm Loop is a perfect place to call home.

Open ranches and cheap acreage are the main draw to the secluded neighborhood of Farm Loop.
Open ranches and cheap acreage are the main draw to the secluded neighborhood of Farm Loop.
Farming and the ranch lifestyle is how Farm Loop has gotten its name.
Farming and the ranch lifestyle is how Farm Loop has gotten its name.
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New construction and large lots are a draw in Farm Loop

The area has long been a bedroom community for Anchorage but has recently become a go-to for new construction without the hefty city price tag. You'll find new modern craftsman-style construction and contemporary new builds with geometric flair. There are also established ranches and split levels available in the area, typically tucked away in forest nooks. Most homes here sit on 1 to 4 acres, giving you plenty of privacy and room to spread out. You'll also find larger lots ranging from 5 to 10 acres, perfect for starting a small farm or building facilities for storage or projects. Prices here range from $350,000 for an established home and between $550,000 to $850,000 for new construction. On average, the more land your home sits on, the higher the cost may be.

A wood-clad home combines a traditional mountain cabin and craftsman architecture in Farm Loop.
A wood-clad home combines a traditional mountain cabin and craftsman architecture in Farm Loop.
Farm Loop’s ranch-style homes offer space, privacy, and mountain views.
Farm Loop’s ranch-style homes offer space, privacy, and mountain views.
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The Matanuska-Susitna Borough School District serves the area

Students may attend public schools in the Matanuska-Susitna Borough School District. "The community has a fantastic school system, with very highly rated academic programs," Killian adds. Swanson Elementary School, which earns a B-plus grade from Niche, has an active music program and an after-school ukelele club. At Palmer Junior Middle School, which scores a B-minus, students are supported with an after-school study club and unique activities, like Laser Craft Club and Marksmanship Club. Palmer High School receives a B-plus and a 7 out of 10 for college readiness on GreatSchools. Students can personalize their education through several academic pathways, including IT, Culinary Arts and Horticulture.

Palmer High offers classes in fine arts, mathematics, world languages, and much more.
Palmer High offers classes in fine arts, mathematics, world languages, and much more.
Palmer Middle School sits at the edge of Farm Loop, framed by mountain views.
Palmer Middle School sits at the edge of Farm Loop, framed by mountain views.
Finger Lake Elementary (FLE) is a little gem tucked away in the woods off Bogard Road.
Finger Lake Elementary (FLE) is a little gem tucked away in the woods off Bogard Road.
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Outdoor amenities include lakes, a state park and the Matanuska River

There are ample ways to get outdoors and enjoy nature here, with dozens of lakes where you can camp out during the summer and proximity to the hunting, fishing and hiking available at Chugach State Park. Walby Lake is a popular summertime swimming destination with a public access point where you can picnic, sunbathe, fish or launch a kayak. During the winter, you can also ice skate or ice fish at your leisure. Living here also puts you super close to the mighty Matanuska. This whitewater river is a go-to for rafting, floating and flyfishing. You'll want to remain aware of your surroundings while spending time here, as the forests around the river are home to moose and bears. When you want to get closer to the area's wildlife, visit The Musk Ox Farm, a local animal sanctuary that's home to dozens of rescued musk oxen.

Walby Lake has public access for boat launches, or an afternoon of fishing.
Walby Lake has public access for boat launches, or an afternoon of fishing.
The Musk Ox Farm is a major attraction for tourists and school groups outside the Farm Loop neighborhood.
The Musk Ox Farm is a major attraction for tourists and school groups outside the Farm Loop neighborhood.
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Shopping and dining in downtown Palmer or in Wasilla

The community is primarily a residential area, but it's close to so many amenities that you won't feel like you're missing out. The Glenn Highway will lead you into downtown Palmer, where you'll find dining, retail and daily necessities like groceries on Evergreen Avenue. Grab a coffee at Elwood's Drive-Thru, have a dinner date at farm-to-table restaurant Feather and Flour or catch the summer music series at Palmer Alehouse. You can also take the Palmer-Wasilla Highway west into Wasilla to access the area's retail hub, home to big box stores and department stores. Every August, take the Glenn Highway to the Alaska State Fair, where you can camp out or enjoy carnival food, rides, games and attractions for a perfect summer day.

The Palmer Ale House is one of Farm Loop's best spots for delicious sandwiches.
The Palmer Ale House is one of Farm Loop's best spots for delicious sandwiches.
Locals visit Red Turkey in downtown Palmer for hearty soups and fresh Mediterranean dishes.
Locals visit Red Turkey in downtown Palmer for hearty soups and fresh Mediterranean dishes.
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The Glenn Highway connects Farm Loop to Anchorage and major employers

The Glenn Highway, which is part of state Route 1, runs along the neighborhood's eastern edge and 45 miles south to Anchorage. You can take the highway to commute to major employers like Joint Base Elmendorf-Richardson, University of Alaska-Anchorage or Mat-Su Regional Medical Center. Anchorage is also where you'll find Anchorage International Airport. In the community, Wolf Lake Airport is a private airport where you can store small aircraft and fly to different areas of the state, which is necessary for those who need to get into the Alaskan bush.

The Glenn Highway bridge connects Farm Loop to nearby Palmer and other cities in Alaska.
The Glenn Highway bridge connects Farm Loop to nearby Palmer and other cities in Alaska.
Glenn Highway winds through the Chugach Mountains northeast of Anchorage, Alaska.
Glenn Highway winds through the Chugach Mountains northeast of Anchorage, Alaska.
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Micaela Green
Written By
Micaela Green
Eli Tye
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Eli Tye
Lucas Dyke
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Lucas Dyke

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

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Farm Loop Demographics and Home Trends

Housing Trends

Median List Price
$559,999
Median Sale Price
$545,000
Median Single Family Sale Price
$540,000
Median Change From 1st List Price
1%
Last 12 months Home Sales
34
Median Home Sale Price YoY Change
5%
Average Price Per Sq Ft
$245

Neighborhood Facts

Number of Homes
492
Number of Homes for Sale
13
Median Year Built
2013
Months of Supply
4.60
Average Single Family Home Size Sq Ft
2,189
Above the national average
1,929
Median Lot Size Sq Ft
40,510

Open Houses

  • Saturday, Nov 1
    11am - 1pm

    6230 N Crupperdock Dr, Palmer, AK 99645

    $510,000

    • 4 Beds
    • 2.5 Baths
    • 1,917 Sq Ft
    • 6230 N Crupperdock Dr
    • New 14 days ago

    Enjoy the best of Alaska living in this stunning two-story single-family home, located just 10 minutes from downtown Palmer. Set on nearly a full acre, this spacious property offers freedom, privacy, and breathtaking partial mountain views -- with no HOA restrictions.Inside, you'll find 4 comfortable bedrooms plus a dedicated office space, perfect for remote work or creative pursuits.The home

    Helen Bridier Keller Williams Realty Alaska Group of Eagle River

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Distribution of Home Values

Source: Public Records

Homes for Sale

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
2,987
Median Age
39
Population Density
1 person/acre
Population under 18
27.9%
On par with the national average
23.8%
Population over 65
14.7%
On par with the national average
19.1%

Finances

Median Household Income
$102,064
Significantly above the national average
$71,702
Average Household Income
$125,625

Education and Workforce

High School Graduates
95.2%
Above the national average
89.1%
College Graduates
35%
Advanced Degrees
13.2%
% Population in Labor Force
70.4%
Above the national average
65.1%

Area Factors

Somewhat Bikeable

Bike Score®

25 / 100

Car-Dependent

Walk Score®

0 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Farm Loop