Market Intelligence · AK / Anchorage

Anchorage, AK 99503 Housing Market

The typical home value in Anchorage 99503 is $335,061, up 4.6% over the past year. Homes for sale are listed at a median price of $330,500 and typically spend 62 days on the market.

Updated September 2026Median value$337K

The median home value in Anchorage, AK 99503 is $337K as of September 2026, up 5.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 99503 range

$310K to $364K

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

+5.4% over 12 months

Sep 2025$320K

Low $320KHigh $337K

Sep 2026$337K

The numbers

What is the 99503 housing market like?

As of September 2026

Typical home value

$337K

5.4%YoY

Median list price

$331K

1.0%MoM

Days on market

34.8%MoM

Homes for sale

5.9%MoM

Price cuts

28.1%

40.4%MoM

New listings

66.7%MoM

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

The outlook

99503 housing market forecast 2027

+2.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 99503 to rise 2.1% by September 2027.

Over the 12 months through September 2026, typical home values in 99503 rose 5.4%, per the Zillow Home Value Index.

Will home prices drop in 99503?

Zillow's forecast does not call for a drop: it expects typical home values in 99503 to rise 2.1% by September 2027, after a 5.4% 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 99503 home prices compare?

99503$337,182
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 16 homes for sale in the 99503 ZIP code, with 4 new listings added recently. The median list price of $330,500 sits close to the typical home value of $335,061, reflecting the modest appreciation the area has seen. However, 28.1% of listings carry price reductions, suggesting that some sellers are adjusting expectations. With homes spending a median of 62 days on market, the pace of sales has slowed compared to a faster market. For sellers, this is a moment to price realistically and highlight what makes a property stand out.

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Down payment20% · $67,436

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Common questions

What people ask us.

What is the typical home value in 99503?

The typical home value is $335,061, which has increased 4.6% over the past year.

How long do homes typically stay on the market here?

Homes spend a median of 62 days on the market in this ZIP code.

What share of homes for sale have had price cuts?

As of September 2026, 28.1% of listings in 99503 have a price cut.

Discover

Nearby ZIP markets.

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