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Anchorage housing market: home prices, trends and forecast

According to the Zillow Home Value Index, Anchorage home prices put the typical home in Anchorage, Alaska at $422,584 in September 2026, up 5.3% from a year earlier and at its highest monthly level ever recorded.

Typical value for a home
$422,584
September 2026, Zillow ZHVI
Change over 12 months
+5.3% compared with September 2025.
Change over 10 years
+35.4% compared with September 2016.
Since 2000, multiple
A ×2.9 increase from $145,278.
Market time for homes
51
Realtor.com data for the Anchorage, AK metro.

Anchorage home prices since 2000

Anchorage appears on the steel line, while the United States appears on the grey line. Beginning in January 2000, Anchorage's typical home rose from $145,278 to $422,584, or ×2.91, while the US recorded ×2.99 during those months.

$100k$150k$200k$250k$300k$350k$400k$450k200020052010201520202025Jan 2000 · $145,278$366,157$422,584Sep 2026AnchorageUnited States$100k$150k$200k$250k$300k$350k$400k$450k200020102020Jan 2000 · $145k$366k$423kSep 2026
For the typical home, the Zillow Home Value Index is smoothed and seasonally adjusted. Zillow Research data
January 2000 · $145,278

Yearly median prices for Anchorage homes

Each yearly figure averages twelve monthly values, while 2026 shows the latest month's figure.

YearAnchorageChange on the yearUnited States
2000$146,352$125,745
2001$170,212+16.3%$134,899
2002$186,737+9.7%$144,276
2003$196,244+5.1%$155,308
2004$210,017+7.0%$169,891
2005$230,189+9.6%$189,732
2006$250,082+8.6%$206,531
2007$265,368+6.1%$208,449
2008$271,325+2.2%$195,574
2009$271,4180%$177,542
2010$272,193+0.3%$171,462
2011$266,791−2.0%$162,508
2012$274,220+2.8%$161,137
2013$287,210+4.7%$171,420
2014$294,187+2.4%$182,996
2015$305,450+3.8%$192,738
2016$312,268+2.2%$204,509
2017$310,850−0.5%$216,767
2018$313,329+0.8%$230,541
2019$331,578+5.8%$242,088
2020$339,589+2.4%$257,151
2021$345,057+1.6%$295,959
2022$366,185+6.1%$340,014
2023$378,238+3.3%$348,160
2024$386,201+2.1%$359,751
2025$398,959+3.3%$362,959
September 2026$422,584+5.3%$366,157

Current value of an Anchorage home bought in any year

This estimate uses an index for a typical home; it is not an appraisal.

Its yearly figure averages twelve monthly index values, while the current value is from September 2026. Other choices include the home appreciation calculator.

Considering a sale? Compare local agents through Realtor.com. Advertising disclosure: links like this one may pay the site, but they never change a number. Disclosure.

Anchorage housing market forecast

Zillow's forecast covers +3.6% over 12 months from September 2026 for the Anchorage, AK metro, plus +1.6% over the next three months. With Anchorage's typical value at $422,584, this forecast would bring it to about $437,800 after a year.

Zillow's central estimate for the metro appears here; the site does not publish a forecast of its own. Such a 12-month forecast has usually differed from the actual change by several percentage points, either above or below it. This is not investment advice.

All metro forecasts appear in one table: housing market forecast.

Anchorage housing market crash risk score

A score of 20 out of 100, moderate

This ranking compares Anchorage with the 292 cities through five conditions that ran high before earlier price declines. Against the other cities, every input receives a score from 0 to 100; the five scores then carry equal weight in the average. It shows current conditions and does not forecast a crash.

InputValueSub-scoreWeight
Active listings vs 2019−41.9%720%
Market time for homes vs 2019−21.5%720%
Price-to-rent ratio19.15520%
Price-to-income ratio4.02720%
12-month price change+5.3%520%

This is not investment advice. Find out how the inputs are scored: methodology. See all 292 ranked cities: crash risk by city.

Anchorage inventory and market time for homes

During September 2026 the Anchorage, AK metropolitan area recorded 1,147 homes for sale, up 8.3% from a year earlier but down 41.9% from the same month of 2019. The median sale time for a listing was 51 days (−21.5% against 2019), and 21.0% received a price cut.

Anchorage, AK metro, September 2026ValueOn a year
Active listings1,147+8.3%
New listings612
Median days on market51−8.1%
Median list price$485,000+0.5%
Share with a price cut21.0%

Metro inventory data comes from Realtor.com® Economic Research. Realtor.com data. All metro areas: days on market by city.

Living costs in Anchorage

According to the Zillow Observed Rent Index, Anchorage's typical asking rent is $1,845 a month, +3.8% on a year. A typical home costs the equivalent of 19.1 years of that rent. Household income had a median of $105,356 (Census ACS 2024); at that level, the typical home costs 4.0 times annual household income. BEA sets metro price levels at 105.4, compared with a US average of 100, while housing costs stand at 109.9.

Find out about rent and prices in Anchorage, along with the salary needed to move there: Anchorage living costs.

How to read this chart

Each point shows the Zillow Home Value Index for Anchorage. It gives the smoothed and seasonally adjusted value of a typical home in the market's middle third, expressed in dollars for that month. The hollow dot indicates the month selected on the slider. The terracotta dot indicates the latest month. The index tracks the typical home rather than any given house, and the figures have no inflation adjustment. To work out one home's value, use its sale price with the card above or the home appreciation calculator.