The housing market in Anchorage, AK Metro Area has been thriving recently. The median value of housing in the metro area is currently $355,900, which is slightly higher than the US median house value of $338,100. Additionally, houses have appreciated 8.10% over the past year, which is slightly lower than the national average of 8.27%. Despite this slightly lower rate of appreciation, it appears that housing prices are continuing to climb in Anchorage. This is likely due to a combination of increased demand and limited availability as well as economic growth in the local area. With these factors at play, Anchorage's housing market looks very promising for those seeking to buy or invest in real estate.
The median home cost in Anchorage Metro Area is $355,900. Home appreciation the last 10 years has been 44.9%. Home Appreciation in Anchorage Metro Area is up 10.1%.
Average Age of Homes
- The median age of Anchorage Metro Area real estate is 33 years old
The Rental Market in Anchorage Metro Area
- Renters make up 32.0% of the Anchorage Metro Area population
- 2.6% of houses and apartments in Anchorage Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.