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Alaska housing market: home prices by city and forecast

Alaska home prices: the Zillow Home Value Index shows that a typical Alaska home was worth $397,932 in September 2026, 5.3% higher than a year earlier.

Value of a typical home
$397,932
September 2026, Zillow ZHVI
Change over 12 months
+5.3%
US +1.2%
Change over 10 years
+41.0%
US +77.4%
Multiple since the year 2000
×2.92
US ×2.99
Price compared with income
Income: $95,665 median; ratio: 4.2.

Alaska places 22nd by typical home value and 2nd by the 12-month change. Growth since 2000 puts it 21st of 47, while price to income puts it 28th, out of the 50 states and DC, ranked highest first.

Alaska home prices since 2000

The typical Alaska home rose from $136,371 in January 2000 to $397,932; September 2026 was its highest month, at $397,932.

$100k$150k$200k$250k$300k$350k$400k200020052010201520202025Jan 2000 · $136,371$366,157$397,932Sep 2026AlaskaUnited States$100k$150k$200k$250k$300k$350k$400k200020102020Jan 2000 · $136k$366k$398kSep 2026
Zillow Home Value Index. Zillow Research data
Annual averages from 2000 through 2025.
Decade0123456789
2000s$137,475$157,846$171,789$180,369$194,359$211,967$230,455$244,368$249,539$249,142
2010s$249,950$246,886$252,557$260,714$265,047$275,253$282,047$284,305$288,550
2020s$317,226$333,622$356,384$359,794$365,483$375,769

Alaska home prices since 1975: the FHFA index

Using FHFA's repeat-sales index, with 1975 = 100, Alaska reached 697 in 2025; during Q2 2026, the index was up 3.9% from a year earlier.

020040060080010001200198019902000201020201975 · 10011436972025AlaskaUnited States0200400600800100012001980200020201975 · 10011436972025
Yearly averages for all transactions, from the FHFA House Price Index, 1975 = 100. FHFA HPI data

Owners reported Alaska values of $3,477 in 1950 and $144,200 in 2000 for the Census of Housing.

Census yearAlaska median valueUS median value
1950$3,477$7,354
1960$9,100$11,900
1970$22,700$17,000
1980$76,300$47,200
1990$94,400$79,100
2000$144,200$119,600

No inflation adjustment applies. Census of Housing tables

Home prices in Alaska by city

A single city has a page here, with the largest city shown first:

CityValue of a typical homeChange over 12 monthsMultiple since the year 2000
Anchorage$422,584+5.3%×2.91
Fairbanks$307,947+5.4%
Wasilla$423,044+5.7%
Palmer$439,932+7.2%
Eagle River$490,009+5.3%
Juneau$473,155+4.6%
North Pole$335,404+5.3%
Ketchikan$405,239+5.0%
Soldotna$371,365+6.3%
Kenai$328,260+6.1%
Kodiak$445,918+4.0%
Sitka$489,049−5.6%
Chugiak$515,248+4.7%
Homer$430,112+7.6%
Seward$396,629+8.8%

From the Zillow Home Value Index, September 2026.

Alaska price forecasts for metro areas

Based on September 2026 for the Anchorage, AK metro, Zillow's 12-month forecast is +3.6%:

MetroNext 3 monthsNext 12 months
Anchorage, AK+1.6%+3.6%

This is Zillow's estimate, not investment advice.

Alaska cost of living

Alaska's overall price level is 102.4 (US 100), with housing at 93.8, goods at 106.3, utilities at 119.0, and other services at 102.2 (BEA). Median household income is $95,665, while median gross rent is $1,444 monthly (Census ACS 2024). Also, 67% of homes are owner-occupied, and the median year built is 1986.

See cost of living in each state for all states; for cities, there is Anchorage.

How to read the chart

Chart one uses dollars and reaches its high of $397,932 in September 2026. An index appears in the second chart, where Alaska's line reaches 697. Prices there now stand at 7.0 times their 1975 level. Inflation adjustments apply to neither chart.