The housing market in Anchorage, AK (99505) is slightly below the US median value, coming in at $386,100. Despite the lower median value, the appreciation rate over the past year has been 6.95%, which is only 1.32% lower than the national average of 8.27%. This indicates that housing market in Anchorage is growing at a steady rate and may be more affordable for homebuyers compared to other parts of the country.
The median home cost in Anchorage (zip 99505) is $386,100. Home appreciation the last 10 years has been 39.2%. Home Appreciation in Anchorage (zip 99505) is up 8.7%.
Average Age of Homes
- The median age of Anchorage (zip 99505) real estate is 11 years old
The Rental Market in Anchorage (zip 99505)
- Renters make up 94.3% of the Anchorage (zip 99505) population
- 5.1% of houses and apartments in Anchorage (zip 99505), 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.