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Market Intelligence · AK / Anchorage

Anchorage, AK 99518 Housing Market

The typical home value in Anchorage's 99518 ZIP is $346,961, up 6.0% over the past year as of September 2026. The median list price sits at $307,500, and homes are spending a median of 42 days on the market.

Updated September 2026Median value$347K

The median home value in Anchorage, AK 99518 is $347K as of September 2026, up 6.0% 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 99518 range

$319K to $375K

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

+6.0% over 12 months

Typical home value in 99518 over the last 12 months: $327K in Sep 2025 to $347K in Sep 2026 (+6.0%).

Sep 2025$327K

Sep 2026$347K

The numbers

What is the 99518 housing market like?

Typical home value

$347K

Up6.0%YoY

Median list price

$308K

Up4.3%MoM

Days on market

42

Up110.0%MoM

Homes for sale

24

Flat0.0%MoM

Price cuts

28.7%

Up22.1%MoM

New listings

14

Down41.7%MoM

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

The outlook

99518 housing market forecast 2027

+2.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 99518 to rise 2.5% by September 2027.

Over the 12 months through September 2026, typical home values in 99518 rose 6.0%, per the Zillow Home Value Index.

Will home prices drop in 99518?

Zillow's forecast does not call for a drop: it expects typical home values in 99518 to rise 2.5% by September 2027, after a 6.0% 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 99518 home prices compare?

  • 99518$346,961
  • 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

Home values in 99518 have climbed 6.0% over the past year, with the typical home now worth $346,961. The median list price of $307,500 comes in below that typical value, which suggests many active listings are priced under where the broader market sits. Sellers are still finding buyers, with a median of 42 days on market and 14 new listings joining the 24 homes for sale as of September 2026. More than a quarter of listings, 28.7%, have taken a price cut, so buyers are pushing back on ambitious pricing. If you are considering selling, the data favors realistic pricing from day one.

Monthly payment

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20% · $69,392

Common questions

What people ask us.

How much is a home in 99518 worth?

The typical home value in 99518 is $346,961 as of September 2026, up 6.0% over the past year.

How long do homes take to sell in 99518?

Homes in 99518 are spending a median of 42 days on the market as of September 2026.

Are sellers cutting prices in 99518?

Yes. About 28.7% of listings in 99518 have had a price cut as of September 2026, and the median list price is $307,500.

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