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Market Intelligence · AK / Anchorage

Anchorage, AK 99516 Housing Market

The typical home value in Anchorage, AK 99516 is $697,137, up 5.3% over the past year as of September 2026. The median list price sits at $856,250, and homes spend a median of 49 days on market before selling.

Updated September 2026Median value$697K

The median home value in Anchorage, AK 99516 is $697K as of September 2026, up 5.3% 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 99516 range

$641K to $753K

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

+5.3% over 12 months

Typical home value in 99516 over the last 12 months: $662K in Sep 2025 to $697K in Sep 2026 (+5.3%).

Sep 2025$662K

Sep 2026$697K

The numbers

What is the 99516 housing market like?

Typical home value

$697K

Up5.3%YoY

Median list price

$856K

Down3.2%MoM

Days on market

49

Down3.9%MoM

Homes for sale

66

Up8.2%MoM

Price cuts

19.8%

Down1.7%MoM

New listings

40

Flat0.0%MoM

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

The outlook

99516 housing market forecast 2027

+2.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 99516 to rise 2.9% by September 2027.

Over the 12 months through September 2026, typical home values in 99516 rose 5.3%, per the Zillow Home Value Index.

Will home prices drop in 99516?

Zillow's forecast does not call for a drop: it expects typical home values in 99516 to rise 2.9% by September 2027, after a 5.3% 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 99516 home prices compare?

  • 99516$697,137
  • 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 66 homes for sale in 99516, with 40 new listings entering the market. The median list price of $856,250 stands well above the typical home value of $697,137, which has climbed 5.3% over the past year. Homes are taking a median of 49 days to sell, so this is not a market where buyers rush. Meanwhile, 19.8% of listings have had a price cut, showing that some sellers are adjusting their expectations. For a seller, the value trend is encouraging, but pricing accurately from day one matters here.

Monthly payment

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20% · $139,427

Common questions

What people ask us.

How much is a home in 99516 worth?

The typical home value in 99516 is $697,137, up 5.3% over the past year as of September 2026.

How long does it take to sell a home in 99516?

Homes in 99516 spend a median of 49 days on market as of September 2026.

Are sellers cutting prices in 99516?

As of September 2026, 19.8% of listings in 99516 have had a price cut, out of 66 homes for sale.

Discover

Nearby ZIP markets.

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Guides for sellers.