Will home prices go up in Alaska in 2027?

The recent trend points up. The median value moved +6.7% over the past 12 months, and a simple extension of the past 12 months puts the typical value near $389,000 by July 2027. This is a trend projection, not a prediction: actual values depend on mortgage rates, inventory, and local conditions.

What is the typical home value in Alaska?

The typical home value in Alaska is $361,476 as of July 2026, the median Zillow Home Value Index across ZIP codes in the state.

How much have Alaska home values changed in the past year?

The median home value in Alaska changed +6.7% over the 12 months ending July 2026, based on the Zillow Home Value Index.

US housing market report · July 2026

The state of the Alaska housing market.

Name: Alaska Housing Market Report by Home Value Pros
Creator: Home Value Pros
License: https://www.homevaluepros.com/terms

Median home value and city-by-city trends across Alaska, from Zillow Home Value Index data. Free to cite with attribution to Home Value Pros.

Alaska median value

$361K

Zillow ZHVI, July 2026

Cities covered

with published pages

Report video

Monthly

per city, on each hub

12-month outlook · data through July 2026

Where are Alaska home values headed?

Current typical value

$361,476

Zillow ZHVI median, July 2026

Past 12 months

+6.7%

change in the median

12 months out

$389,000

if the recent trend continues

Trend projection from the past 12 months, not a prediction. Actual values depend on mortgage rates, inventory, and local conditions.

Where values are climbing

Fastest appreciating Alaska cities

1Anchorage
$390KUp4.4%
2Fairbanks
$324KUp3.7%
3Indian
$576KUp3.7%

Where the market is cooling

Fastest cooling Alaska cities

1Indian
$576KUp3.7%
2Fairbanks
$324KUp3.7%
3Anchorage
$390KUp4.4%

Priciest markets in the state

Most expensive Alaska cities by median value

1Indian
$576K
2Anchorage
$390K
3Fairbanks
$324K

Common questions

What people ask us.

Methodology & attribution

Figures are medians of the latest Zillow Home Value Index (ZHVI) across each city's published ZIPs in Alaska, as of July 2026. Year-over-year change compares each market to the same month a year earlier, paired ZIPs only. Data and analysis by Home Value Pros; cite with a link to this report. See the national housing market report and the Alaska market index.