Market Intelligence · AK / Anchorage

Anchorage, AK 99516 Housing Market

The typical home in Anchorage's 99516 ZIP code is valued at $699,494, up 5.0% over the past year. The median list price sits at $906,750, and homes are spending a median of 33 days on the market.

Updated June 2026Median value$699K

The median home value in Anchorage, AK 99516 is $699K as of June 2026, up 5.0% 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

$644K to $755K

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

+5.0% over 12 months

Typical home value in 99516 over the last 12 months: $666K in Jun 2025 to $699K in Jun 2026 (+5.0%).

Jun 2025$666K

Jun 2026$699K

The numbers

What is the 99516 housing market like?

Typical home value

$699K

Up5.0%YoY

Median list price

$907K

Days on market

33

Up153.8%MoM

Homes for sale

45

Price cuts

11.5%

New listings

64

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

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The comparison

How do 99516 home prices compare?

  • 99516$699,494
  • Anchorage$388,525
  • Alaska$358,592
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Anchorage: 10 ZIPs; Alaska: 50 ZIPs; United States: 26,270 ZIPs).

Context

In 99516, the typical home value is $699,494, reflecting a 5.0% rise over the past year. There are 45 homes for sale as of June 1, 2026, with 64 new listings entering the market. The median list price is $906,750, and the median time on market is 33 days. About 11.5% of listings have had a price cut. For sellers, values have held up over the past year, though the gap between list prices and typical values is worth weighing before setting a number.

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