Data report · September 2026
The state of the Alaska housing market.
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
$358K
Zillow ZHVI, September 2026
Cities covered
3
with published pages
Report video
Monthly
per city, on each hub
The outlook
Alaska housing market forecast 2027
+2.2%
Weighted average of Zillow's ZIP forecasts, 12 months to September 2027
A weighted average of Zillow's ZIP forecasts, across 28 Alaska ZIP codes, points to typical home values rising 2.2% by September 2027.
Over the 12 months through September 2026, typical home values in Alaska rose 7.0%, per the Zillow Home Value Index.
Will home prices drop in Alaska?
The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Alaska shows typical home values rising 2.2% by September 2027, after a 7.0% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.
How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 28 Alaska ZIP codes have both figures.
Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.
Metro areas
Which Alaska metro areas does Zillow expect to rise or fall?
Zillow's 12-month home value forecast for each metro area whose principal city is in Alaska, through September 2027, largest first.
- 1Anchorage, AK+3.6%
- 2Fairbanks, AK+1.7%
- 3Juneau, AK+0.7%
- 4Ketchikan, AK+1.3%
Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.
Where values are climbing
Fastest appreciating Alaska cities
- $589KUp7.1%
- $321KUp5.5%
- $389KUp5.1%
Where the market is cooling
Fastest cooling Alaska cities
- $389KUp5.1%
- $321KUp5.5%
- $589KUp7.1%
Priciest markets in the state
Most expensive Alaska cities by median value
- $589K
- $389K
- $321K
Common questions
What people ask us.
Will home prices go up in Alaska in 2027?
A weighted average of Zillow's ZIP forecasts, across 28 Alaska ZIP codes, points to typical home values rising 2.2% by September 2027. Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.
What is the typical home value in Alaska?
The typical home value in Alaska is $358,487 as of September 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 +7.0% over the 12 months ending September 2026, based on the Zillow Home Value Index.
Methodology & attribution
Figures are medians of the latest Zillow Home Value Index (ZHVI) across each city's published ZIPs in Alaska, as of September 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.