Market Intelligence · AK / Anchorage

Anchorage, AK 99508 Housing Market

The typical home value in Anchorage, AK 99508 is $349,730, up 6.1% over the past year as of September 2026. The median list price is $379,500, and homes spend a median of 46 days on market.

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. 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 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.

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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.

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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, there are 44 homes for sale in 99508, with 38 new listings. The median list price of $379,500 sits above the typical home value of $349,730, which is up 6.1% over the past year. Homes are moving at a moderate pace, with a median of 46 days on market. About 22.8% of listings have taken a price cut, a sign that some sellers are adjusting their expectations. For a seller, the data points to a market where values have climbed but realistic pricing still matters.

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Down payment20% · $69,946

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Common questions

What people ask us.

How much is a home in 99508 worth?

The typical home value in 99508 is $349,730 as of September 2026, up 6.1% over the past year.

How long does it take to sell a home in 99508?

Homes in 99508 spend a median of 46 days on market as of September 2026.

How much are homes listed for in 99508?

The median list price in 99508 is $379,500 as of September 2026, with 44 homes for sale.

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Nearby ZIP markets.

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