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Buffalo Soapstone Home for Sale

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    $250,000

    $90K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,872 Sq Ft

    11701 E Norman Ave, Palmer, AK 99645

    Access trails right from your backyard, property backs to section line easement! Built in 2005, this 3 bed, 2 bath home offers 1,872 SF with great potential. Some updates completed while others remain. Sold AS-IS. No oven included. Enstar meter installed however natural gas has not been run into the house. Great fixer opportunity

    Amy Peltier Hometown Realty

    11701 E Norman Ave, Palmer, AK 99645

Why Live in Buffalo Soapstone

Buffalo Soapstone in Palmer, Alaska, is a rural neighborhood characterized by its scenic surroundings and spacious lots, with homes typically situated on 1 to 5 acres. The area features a mix of ranch-style houses and log cabins, many with large decks and windows to take in the mountain views. Homes range from those built in the 1980s to new constructions as recent as 2024, with custom designs ensuring a unique look for each property. The neighborhood boasts a crime rate lower than the national average, making it a safer area for residents. Outdoor enthusiasts will appreciate the proximity to the Talkeetna Mountains and the Palmer-Moose Creek Trail, a 6-mile path ideal for hiking, biking, and cross-country skiing. The Matanuska River offers opportunities for fishing, kayaking, and white-water rafting, while Hatcher Pass provides additional recreational activities and a historic gold mine. For daily needs, residents travel about 6.5 miles to Palmer, where they can find dining options like Vagabond Blues and Palmer Alehouse, as well as grocery stores such as Carrs and Fred Meyer. The neighborhood is car-dependent, with Glenn Highway providing access to Palmer, Wasilla, and Anchorage, which is approximately 49 miles away. Educational options include the highly rated Sherrod Elementary School, with Palmer Middle and High Schools offering various programs, including the International Baccalaureate.

Buffalo Soapstone Home Prices vs. Nearby Palmer, AK Neighborhoods

Buffalo Soapstone Lazy Mountain Knik River Farm Loop
Median Home Price
$472,500
$497,500
$348,000
$559,000
Median Sale Price
$471,000
+21% YoY
$500,000
+7% YoY
$370,000
+15% YoY
$507,500
-8% YoY
Median Single Family Price
$468,000
$500,000
$340,000
$547,000
Total Active Listings
1
6
1
15
Market Conditions
2 Months of Supply
Seller's Market
5 Months of Supply
Balanced Market
1 Months of Supply
Seller's Market
4 Months of Supply
Seller's Market

Frequently Asked Questions

Is Buffalo Soapstone a good place to live?
Buffalo Soapstone is a good place to live. Buffalo Soapstone is considered somewhat bikeable. Buffalo Soapstone is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. It has a median age of 41. The average household income is $115,771 which is above the national average. College graduates make up 32.7% of residents. A majority of residents in Buffalo Soapstone are home owners, with 15% of residents renting and 85% of residents owning their home. A local real estate agent serving Buffalo Soapstone can help you decide if this neighborhood is the right one for you. Learn more on our Buffalo Soapstone neighborhood guide.
Is Buffalo Soapstone, AK a safe neighborhood?
Buffalo Soapstone, AK is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Buffalo Soapstone?
The median home price in Buffalo Soapstone is $472,500. If you put a 20% down payment of $94,500 and had a 30-year fixed mortgage with an interest rate of 6.43%, your estimated principal and interest payment would be $2,370 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $102K a year to afford the median home price in Buffalo Soapstone. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Buffalo Soapstone is $116K.
What are the best public schools in Buffalo Soapstone?
The best public schools that serve Buffalo Soapstone are:
What are the most popular zip codes in Buffalo Soapstone, Palmer, AK?
The most popular zip codes in Buffalo Soapstone, Palmer, AK include 99645, 99654, 99674, 99623 and 99688.
What are the most popular neighborhoods near Buffalo Soapstone, Palmer, AK?
The most popular neighborhoods near Buffalo Soapstone, Palmer, AK are Fishhook, Farm Loop, Lazy Mountain, Gateway and South Lakes.
Are home prices dropping in Buffalo Soapstone?
Yes, home prices in Buffalo Soapstone are down 12% in the last 12 months.
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