Home ValuePros

Market Intelligence · AK / Anchorage

Anchorage, AK 99516 Housing Market

The typical home value in Anchorage's 99516 ZIP is $698,135, up 5.2% over the past year. The median list price stands at $950,000, with homes spending a median of 41 days on the market.

Updated August 2026Median value$698K

The median home value in Anchorage, AK 99516 is $698K as of August 2026, up 5.2% 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 99516 range

$642K to $754K

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

+5.2% over 12 months

Typical home value in 99516 over the last 12 months: $664K in Jul 2025 to $698K in Jul 2026 (+5.2%).

Jul 2025$664K

Jul 2026$698K

The numbers

What is the 99516 housing market like?

Typical home value

$698K

Up5.2%YoY

Median list price

$885K

Down6.8%MoM

Days on market

51

Up24.4%MoM

Homes for sale

61

Up1.7%MoM

Price cuts

20.1%

Up18.2%MoM

New listings

40

Down20.0%MoM

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

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The comparison

How do 99516 home prices compare?

  • 99516$698,135
  • Anchorage$390,019
  • Alaska$361,476
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Anchorage: 10 ZIPs; Alaska: 50 ZIPs; United States: 26,266 ZIPs).

Context

There are 60 homes for sale in 99516 as of early July 2026, with 50 new listings having come to market. The median list price is $950,000, and properties are taking a median of 41 days to sell. About 17.0% of current listings have seen a price cut, suggesting some sellers are adjusting expectations. Despite the year-over-year gain of 5.2% in typical home value, the pace of sales and proportion of price reductions point to a market where pricing matters.

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