Market Intelligence · AK / Anchorage

Anchorage, AK 99508 Housing Market

Homes in Anchorage's 99508 ZIP are valued at a typical $349,348, up 6.2% over the past year. The median list price stands at $379,500, with homes spending a median of 46 days on the market as of September 2026.

Updated September 2026Median value$350K

The median home value in Anchorage, AK 99508 is $350K as of September 2026, up 6.1% 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.

Sell without the wait

Sell your Anchorage home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 99508 range

$322K to $378K

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.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 99508 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Anchorage, AK.

12-month value trend

+6.1% over 12 months

Sep 2025$330K

Low $330KHigh $350K

Sep 2026$350K

The numbers

What is the 99508 housing market like?

As of September 2026

Typical home value

$350K

6.1%YoY

Median list price

$380K

8.0%MoM

Days on market

39.4%MoM

Homes for sale

0.0%MoM

Price cuts

22.8%

3.5%MoM

New listings

18.8%MoM

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

The outlook

99508 housing market forecast 2027

+2.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 99508 to rise 2.5% by September 2027.

Over the 12 months through September 2026, typical home values in 99508 rose 6.1%, per the Zillow Home Value Index.

Will home prices drop in 99508?

Zillow's forecast does not call for a drop: it expects typical home values in 99508 to rise 2.5% by September 2027, after a 6.1% 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.

Free home value report

See what your 99508 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 99508 home prices compare?

99508$349,730
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, the 99508 area has 44 homes for sale with 38 new listings, indicating steady supply. The median list price of $379,500 sits above the typical home value, suggesting some sellers are pricing optimistically. With a median of 46 days on market, homes are taking time to move. The year-over-year appreciation of 6.2% reflects modest but genuine growth, though the market requires patience from both buyers and sellers.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $69,946

Term

Rate (%)

Common questions

What people ask us.

What is a typical home worth in 99508?

As of August 2026, the typical home value in Anchorage's 99508 ZIP is $349,348, which represents a 6.2% increase over the past year.

How many homes are for sale in 99508?

As of September 2026, there are 44 homes for sale in the 99508 area, with 38 new listings that month.

How long do homes take to sell in 99508?

The median time a home spends on the market in 99508 is 46 days as of September 2026.

Discover

Nearby ZIP markets.

Keep reading