Market Intelligence · AK / Anchorage

Anchorage, AK 99502 Housing Market

The typical home value in Anchorage, AK 99502 is $448,793, up 4.5% over the past year as of September 2026. Homes are listing at a median price of $452,250 and spending a median of 47 days on the market.

Updated September 2026Median value$449K

The median home value in Anchorage, AK 99502 is $449K as of September 2026, up 4.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 99502 range

$413K to $485K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+4.5% over 12 months

Typical home value in 99502 over the last 12 months: $430K in Sep 2025 to $449K in Sep 2026 (+4.5%).

Sep 2025$430K

Sep 2026$449K

The numbers

What is the 99502 housing market like?

Typical home value

$449K

Up4.5%YoY

Median list price

$452K

Down5.8%MoM

Days on market

47

Up20.5%MoM

Homes for sale

42

Down4.5%MoM

Price cuts

19.7%

Down24.6%MoM

New listings

24

Down40.0%MoM

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

The outlook

99502 housing market forecast 2027

+2.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 99502 to rise 2.5% by September 2027.

Over the 12 months through September 2026, typical home values in 99502 rose 4.5%, per the Zillow Home Value Index.

Will home prices drop in 99502?

Zillow's forecast does not call for a drop: it expects typical home values in 99502 to rise 2.5% by September 2027, after a 4.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 99502 home prices compare?

  • 99502$448,793
  • Anchorage$389,247
  • Alaska$358,487
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Anchorage: 10 ZIPs; Alaska: 50 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 42 homes for sale in 99502, with 24 new listings hitting the market. The median list price of $452,250 sits just above the typical home value of $448,793, which has risen 4.5% over the past year. Homes are moving at a moderate pace, with a median of 47 days on market. Meanwhile, 19.7% of listings have taken a price cut, a sign that some sellers are pricing above what buyers will pay. For a seller, the market supports a realistic list price more than an ambitious one.

Monthly payment

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20% · $89,759

Common questions

What people ask us.

How much is a home in 99502 worth?

The typical home value in 99502 is $448,793 as of September 2026, up 4.5% over the past year.

How long does it take to sell a home in 99502?

Homes in 99502 spend a median of 47 days on the market as of September 2026.

Are sellers cutting prices in 99502?

Yes. As of September 2026, 19.7% of listings in 99502 have had a price cut.

Discover

Nearby ZIP markets.

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Guides for sellers.