Anchorage - AK housing market

The typical Anchorage home is worth $425,596 as of August 2026, up 0.5% from the prior month, up 1.3% over three months, and up 6.2% from a year ago. Over the past two years values have ranged from $388,639 to $425,596.

Homes are going pending in about 8 days, slower than the 5 days seen three months earlier. There are roughly 1,399 homes for sale, 4% more than a year ago. 29.0% of listings have taken a price cut (up from 17.3% three months ago).

Typical rent is $1,860 a month, up 4.5% year over year, which puts the price-to-rent ratio at 19.1.

At this week's 7.40% mortgage rate with 20% down ($85,119), the typical Anchorage home costs about $2,889 a month including tax and insurance, which needs a household income of roughly $123,800 to stay under a 28% payment-to-income ratio.

The typical home value ($425,596) 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 6.2% over the past year. In Anchorage - AK, that means a home worth $400,750 last year is now worth roughly $425,596.

The median sale price, what homes actually close for, is $429,852. Homes are selling at 100.3% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Anchorage - AK sit on the market for roughly 8 days before going pending. Shorter = seller's market; longer = buyer's market.

About 29.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 627 new listings hit the market each month in Anchorage - AK. There are currently 1,399 homes for sale, up 4.2% from a year ago.

The typical monthly rent in Anchorage - AK is $1,860, up 4.5% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 19.1x, toss-up (#58 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $2,357 a month in principal and interest, $497 more than renting before taxes, insurance and upkeep. The two break even at a 5.15% rate.

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.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →