Anchorage - AK housing market
The Anchorage metro has a typical home value of $424,607, up 5.7% from a year ago. Homes are moving fast at 12 days on market, a strong seller's market. 30% of listings have had a price cut. Data from Zillow Research, updated monthly.
Anchorage housing market, October 2026
The typical Anchorage home is worth $424,607 as of September 2026, up 0.3% from the prior month, up 1.2% over three months, and up 5.7% from a year ago. Over the past two years values have ranged from $387,944 to $424,607.
Homes are going pending in about 12 days, slower than the 5 days seen three months earlier. There are roughly 1,425 homes for sale, 6% more than a year ago. 30.3% of listings have taken a price cut (up from 21.7% three months ago).
Typical rent is $1,890 a month, up 4.1% year over year, which puts the price-to-rent ratio at 18.7.
At this week's 7.40% mortgage rate with 20% down ($84,921), the typical Anchorage home costs about $2,883 a month including tax and insurance, which needs a household income of roughly $123,500 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($424,607) is the Zillow Home Value Index for the Anchorage - AK metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 5.7% over the past year. In Anchorage - AK, that means a home worth $401,710 last year is now worth roughly $424,607.
The median sale price, what homes actually close for, is $428,006. Homes are selling at 100.4% of list price, meaning buyers are typically paying at or above asking.
Homes listed in Anchorage - AK sit on the market for roughly 12 days before going pending. Shorter = seller's market; longer = buyer's market.
About 30.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 546 new listings hit the market each month in Anchorage - AK. There are currently 1,425 homes for sale, up 6.1% from a year ago.
The typical monthly rent in Anchorage - AK is $1,890, up 4.1% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 18.7x, toss-up (#63 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $2,352 a month in principal and interest, $462 more than renting before taxes, insurance and upkeep. The two break even at a 5.32% rate.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →
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