Market Intelligence · AK / Anchorage

Anchorage, AK 99508 Housing Market

The typical home value in Anchorage, AK 99508 is $351,940, up 5.9% over the past year as of 2026-07-01. Homes are currently listed at a median of $412,500 and are selling in a median of 33 days, based on figures as of 2026-08-01.

Updated August 2026Median value$349K

The median home value in Anchorage, AK 99508 is $349K as of August 2026, up 6.2% 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 99508 range

$321K to $377K

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

+6.2% over 12 months

Typical home value in 99508 over the last 12 months: $329K in Aug 2025 to $349K in Aug 2026 (+6.2%).

Aug 2025$329K

Aug 2026$349K

The numbers

What is the 99508 housing market like?

Typical home value

$349K

Up6.2%YoY

Median list price

$413K

Up10.2%MoM

Days on market

33

Down10.8%MoM

Homes for sale

44

Up33.3%MoM

Price cuts

22.1%

Up118.8%MoM

New listings

32

Down30.4%MoM

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

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The comparison

How do 99508 home prices compare?

  • 99508$349,348
  • Anchorage$387,935
  • Alaska$356,539
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Anchorage: 10 ZIPs; Alaska: 50 ZIPs; United States: 26,265 ZIPs).

Context

In 99508, there are 44 homes for sale and 32 new listings as of 2026-08-01, so inventory is turning over at a steady pace. The median list price is $412,500, while the typical home value is $351,940 and up 5.9% over the past year. Homes are moving in a median of 33 days, and 22.1% of listings have taken a price cut. That combination suggests buyers have some room to negotiate even as values climb. For a seller, pricing close to what the local data supports matters more than aiming high and adjusting later.

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