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Featured local agent — Anchorage, AK
Sarah Mitchell
Compass Real Estate · Anchorage, AK
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Anchorage, AK Housing Market & Real Estate
Housing market overview · Updated monthly ·
$455,500median sale price
How is the Anchorage, AK housing market right now?
The median home sale price in Anchorage, AK is $455,500, up 3.5% year-over-year. Homes sell in an average of 9 days with 345 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Anchorage a buyer's or seller's market?
Anchorage, AK is currently a strong seller's market, based on 1.3 months of supply and homes selling in about 9 days. How we determine this →
Homes sold
271
Last 12 weeks
Days on market
9
Fast-moving
Active listings
345
1.3 months supply
Sale-to-list
100.6%
Above asking
What does the Anchorage housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $455,500 |
| Median list price | $469,450 |
| Year-over-year price change | +3.5% |
| Average days on market | 9 days |
| Active inventory | 345 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $257/sq ft |
| Homes sold (latest month) | 271 |
| New listings (latest month) | 476 |
| Listings with a price cut | 33.6% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Anchorage by property type?
How the Anchorage, AK market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $499,000 | $260/sq ft | 183 | 9 days |
| Condo / Co-op | $297,550 | $251/sq ft | 78 | 9 days |
Source: Redfin · Updated monthly
The Anchorage housing market is currently classified as a strong seller's market with a median sale price of $455,500. Prices have risen 3.5% compared to last year, with homes spending an average of 9 days on market, indicating 1.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Anchorage
There are currently 345 homes listed for sale in Anchorage, Alaska. The median listing price is $469K.
Active listings
345
Homes on market
Median list price
$469K
Avg. days on market
9
Days until sale
New this week
476
Newly listed
Who lives in Anchorage?
Population
289,069
Median income
$98,152/yr
Median age
34.9 years
Owner-occupied
63.7%
College grads
37.7%
Avg commute
19 min
Source: U.S. Census Bureau ACS
What are homes worth in Anchorage?
Zillow home value
$424,577
Zillow rent index
$1,710/mo
Price-to-rent ratio
20.7x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Anchorage?
Anchorage is a community of approximately 289K residents with a median age of 34.9 years.The median household income is $98,152, which reflects a relatively affluent area with strong earning potential. 37.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 63.7%, showing a blend of owner and renter-occupied properties. The average commute time is 19 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Anchorage offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Anchorage?
50 schools tracked · 29,950 students
The largest public schools serving Anchorage, AK by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
West High School
Grades 9-12 · 1,768 students
Bettye Davis East Anchorage High School
Grades 9-12 · 1,681 students
Service High School
Grades 9-12 · 1,536 students
Bartlett High School
Grades PK-12 · 1,416 students
Dimond High School
Grades 9-12 · 1,406 students
South Anchorage High School
Grades 9-12 · 1,286 students
Family Partnership Correspondence School
Grades K-12 · 984 students
Nicholas J. Begich Middle School
Grades 6-8 · 874 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Anchorage, AK?
Want a head-to-head view? Compare Anchorage side-by-side with any other U.S. city using our market-comparison tool.
Is Anchorage a good real estate investment market?
For investors evaluating Anchorage, the price-to-rent ratio of 20.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 3.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Anchorage's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Anchorage's median home price.
Frequently asked questions
What is the average home price in Anchorage?
The median home sale price in Anchorage is $455,500, up 3.5% from last year.
How long do homes stay on market in Anchorage?
Homes typically spend 9 days on market before going under contract.
What is the median income in Anchorage?
The median household income is $98,152 per year.
Is Anchorage a buyer's or seller's market?
With 1.3 months of supply, Anchorage is currently a strong seller's market.
What is the Zillow home value estimate for Anchorage?
The Zillow Home Value Index (ZHVI) for Anchorage is $424,577, representing the typical home value in the area.
What is the median condo price in Anchorage?
The median condo/co-op sale price in Anchorage, AK is $297,550, compared to $499,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Anchorage?
The median single-family home price in Anchorage, AK is $499,000 (about $260 per square foot).
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