AK · Metro #139

Anchorage - AK housing market

The Anchorage metro has a typical home value of $422,103, up 5.7% from a year ago. Homes are moving fast at 5 days on market - a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$422,103
+5.7% vs. year ago
Median sale price
$414,585
+5.1% YoY
Median list price
$455,150
Sale-to-list ratio
99.4%
Selling below ask
Days on market
5d
Listings w/ price cut
17.3%
New listings / mo
522
+4.4% YoY
Homes for sale
945
-1.6% YoY
Typical rent
$1,770/mo
+3.5% YoY
Context

How to read this data

The typical home value ($422,103) is the Zillow Home Value Index for the Anchorage - AK metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 5.7% over the past year. In Anchorage - AK, that means a home worth $399,341 last year is now worth roughly $422,103.

The median sale price , what homes actually close for , is $414,585. Homes are selling at 99.4% of list price, meaning buyers have room to negotiate.

Homes listed in Anchorage - AK sit on the market for roughly 5 days before going pending. Shorter = seller's market; longer = buyer's market.

About 17.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 522 new listings hit the market each month in Anchorage - AK. There are currently 945 homes for sale, down 1.6% from a year ago.

The typical monthly rent in Anchorage - AK is $1,770, up 3.5% year over year. For investors, the price-to-rent ratio here is roughly 20x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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