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Market Intelligence · AK / Anchorage Municipality

Anchorage, AK home prices and housing market

10 ZIP markets liveData updated September 2026Typical value$389K1-yr changeUp5.1%

The typical home value in Anchorage, AK is $389K as of September 2026, up 5.1% from a year ago, based on the Zillow Home Value Index. In the typical Anchorage ZIP code, the median list price is $441K and homes spend a median of 44 days on market as of September 2026 (Realtor.com).

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The coverage

Anchorage, by the numbers.

Typical home valueZillow ZHVI, September 2026
$389K
1-yr changeMedian across Anchorage ZIPs
+5.1%
ZIP markets live24 tracked in Anchorage
10
County
Anchorage Municipality

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12-month value trend

+5.1% over 12 months

Typical home value in Anchorage over the last 12 months: $370K in Sep 2025 to $389K in Sep 2026 (+5.1%).

Sep 2025$370K

Sep 2026$389K

Median Zillow home value index across Anchorage's ZIP codes.

Context

The typical home value in Anchorage is $389,247, up 5.1% over the past year as of September 2026. The median list price sits higher at $441,250, which suggests sellers are asking more than what typical homes are valued at citywide. Buyers have some room to negotiate, with 23.9% of listings showing a price cut as of September 2026. Inventory is moderate, with 448 homes for sale and 316 new listings hitting the market in September 2026. Homes are taking a median of 44 days to sell, so this is not a frenzied market. For a homeowner weighing a sale, values have risen over the past year, but expect buyers to push back on aggressive pricing and plan for a sale that takes weeks rather than days.

The numbers

What is the housing market like in Anchorage, AK?

Typical home value

$389K

Up5.1%YoY

Median list price

$441K

Days on market

44

Homes for sale

448

Price cuts

23.9%

New listings

316

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Anchorage's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Anchorage, AK home prices over time

Typical home values in Anchorage, AK are up 5.1% over the past year, from $370K in September 2025 to $389K in September 2026.

Typical home value in Anchorage, AK, September of each year
MonthTypical value1-yr change
September 2026$389,247+5.1%
September 2025$370,328No prior year

Typical value is the median Zillow Home Value Index across Anchorage ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Anchorage, AK a buyer's or seller's market?

Anchorage, AK leans toward a seller's market.

Homes for sale are scarce relative to new listings, which usually gives sellers the stronger position.

Based on a median of 44 days on market and 24% of listings with a price cut in the typical Anchorage ZIP code, and 316 new listings against 448 active listings across Anchorage, as of September 2026 (Realtor.com).

The outlook

Anchorage housing market forecast 2027

+2.6%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 10 Anchorage ZIP codes, points to typical home values rising 2.6% by September 2027.

Over the 12 months through September 2026, typical home values in Anchorage rose 5.1%, per the Zillow Home Value Index.

Will home prices drop in Anchorage?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Anchorage shows typical home values rising 2.6% by September 2027, after a 5.1% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 10 Anchorage ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Anchorage ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 24 Anchorage ZIP codes in total; the remaining 14 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Anchorage, AK home prices.

How much is a home in Anchorage worth?

The typical home value in Anchorage is $389,247, up 5.1% over the past year as of September 2026. This is a citywide figure, so an individual home may be worth more or less.

How long does it take to sell a home in Anchorage?

Homes in Anchorage spend a median of 44 days on the market as of September 2026. About 23.9% of listings have had a price cut, so pricing realistically from the start matters.

How much competition is there when selling in Anchorage?

As of September 2026, there are 448 homes for sale in Anchorage, with 316 new listings added. The median list price is $441,250.

Are home prices going up or down in Anchorage, AK?

Typical home values in Anchorage, AK are up 5.1% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Anchorage, AK a buyer's or seller's market?

Anchorage, AK leans toward a seller's market. Homes for sale are scarce relative to new listings, which usually gives sellers the stronger position. Based on a median of 44 days on market and 24% of listings with a price cut in the typical Anchorage ZIP code, and 316 new listings against 448 active listings across Anchorage, as of September 2026 (Realtor.com).

Nearby markets

More Alaska housing markets.

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